Does the past predict the future? I found this interesting, the past 4 major interest rate shifts higher did just the opposite to home values. I have clients asking will the bubble in home prices burst? What bubble I say.
Real Estate with Tyson- The Cost of Renting vs. Buying a Home [INFOGRAPHIC]Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if you can […]
- Wage Increases Make Home Buying More AffordableEveryone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is for them to afford to own a home. Because of an improving economy, wages are […]
- Home Sellers in Q3 Netted $61K at ResaleAccording to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007 and represents a 32% return on the original purchase prices. […]
- The Cost of Renting vs. Buying a Home [INFOGRAPHIC]
