According to a recent study known as the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market continues to demonstrate that it is a financially sound plan to become a Homeowner, rather than continue to rent. The BH&J Index report is published quarterly and attempts to answer the frequently ...
Continue ReadingThe Takeaway: The US Census Bureau defines ‘Millennials’ as those currently between the ages of 18-36 year old. The median age of “All” First-Time Home Buyers is currently 31 years old, according to the National Association of REALTORS® most recent Profile of Home Buyers & Sellers report. It seems ...
Continue ReadingThe Takeaway: The most recent Quarterly Home Price Index report was released by The Federal Housing Finance Agency (FHFA). The report examined homes prices throughout the US, both at a State and Regional level. It found that ALL States, except for Alaska, Delaware, West Virginia & Wyoming saw an increase ...
Continue ReadingHere are just a few of the reasons why waiting to buy is likely not in your best interest: 1. Mortgage Interest Rates Are Projected to Increase Freddie Mac’s mortgage survey indicates that interest rates for a 30-year mortgage have hovered around the 4.2% mark over the last two months. ...
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