Americans spent 30% of their monthly budgets on rents in February, a percentage that most financial experts consider debt-burdened for households. In 14 of the 50 metros...CONTINUE READING ARTICLE
Category - Buying vs. Renting
Single-Family Rents Jump to Record Highs
The demand for single-family rental homes is climbing, sending rental prices soaring. The annual gain in single-family rents rose to a record level of 12.6% in January, the...CONTINUE READING ARTICLE
Starter Homes More Affordable Than Renting
Home prices are rapidly rising, but rental prices are as well, and at a faster pace. In more than half of the nation’s largest U.S. metros, Americans likely will find...CONTINUE READING ARTICLE
#1 Financial Benefit of Homeownership: Family Wealth
While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced...CONTINUE READING ARTICLE
Homeowners Are Happy! Renters? Not So Much.
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show...CONTINUE READING ARTICLE