A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey, 41% of respondents say they’d …
Read more “Experts Agree: Homeownership Provides a Path to Long-Term Wealth”
Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply. If you’re thinking of …
Read more “What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]”
Nakoma Colonial! This spectacular 1937 home is located on a park-like setting amongst oak trees and perennial gardens. 5 bedrooms, 3.5+ baths and all of the original character of homes of this era. Fabulous addition adding a light-filled primary bedroom suite with fireplace and huge walk-in closet, guest room suite, family room and screened porch. …
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key pathway to building wealth and narrowing …
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is …
Read more “What Do Supply and Demand Tell Us About Today’s Housing Market?”
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