Rental
It may be an even better idea to BUY A HOME NOW! The Federal Reserve announced today that interest rates will increase by 0.25 percent , or 25 basis points. The last time the Fed raised rates, “the iPhone didn’t even exist,” says Mark Fleming, chief economist for title insurance company First American Financial Corporation….
Sales of new and existing homes unexpectedly spiked to their highest levels in years last month. America’s housing market appears poised to go out like a lion this year, as a pair of real estate reports this week showed home sales climbed to their highest level in a decade. Sales of new houses clocked in…
Staying in a rental has its benefits, but you should decide if they outweigh the pros of owning a home? More Americans than ever are renting instead of owning a home. About 37 percent of housing units in the U.S. are occupied by renters, according to the U.S. Census Bureau’s 2015 American Community Survey, and…
Weigh the pros and cons before adding a future upgrade to your list of must-dos for your next house. Whether you’re aiming to reduce your home’s energy usage throughout the day or you’re simply looking to see a little less of your paycheck go to utility bills, installing solar panels on your roof has likely…
Consider carry costs, equity and other factors before converting your home into a rental. When your circumstances change, such as starting a new job, having a baby or providing caregiving for an older relative, your current home may no longer fit your needs. Some homeowners may choose to sell or renovate their homes to cater…
Owning a home is a keystone of wealth… both financial affluence and emotional security.