The Takeaway: There may have been times in our history where renting was a cheaper option that buying, but that time is certainly NOT now. The above graphic clearly demonstrates that the percentage of income needed to rent a median-priced home today is at a national average of approximately ...
Continue Reading** Please note that data and statistics quoted above are based on “National” numbers (NAR & Freddie Mac) and that Real Estate is Regional** As always, call, text, email or message me at 727.755.3434 and I would be glad to help you navigate of our local market!! ...
Continue ReadingAnnually, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). A wide range of topics are explored in the survey, including inflation, the labour market, household finance, credit access and housing. For the purposes of this article, our focus will center on the housing ...
Continue ReadingThe most recent Profile of Home Buyers & Sellers, as published by the National Association of REALTORS® found that once again married couples dominated the first-time Homebuyer category. As a matter of fact, statistically they made up 57% of all buyers in 2017. This higher percentage of home buying is likely due ...
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