Do you know the cost of Renting vs. Buying? Historically the % of your income needed to afford a home vs renting was a much closer margin. Renting made a lot more sense. Now… Renting will cost you 30.1% of your income compared to buying a median home at 15.3% of your income. Either way […]
Tag Archives: Home Buying
Last year I met a lot of people who were debating whether or not 2014 was the right time to buy a home for their family. Some of these buyers decided to put off the purchase of a new home until 2015. Wouldn’t it be interesting to see whether their decision to wait made sense?
I have recently been talking to a lot of first time home buyers who are trying to figure out whether they should buy a home or keep renting. Owning a home is the “American Dream”. What exactly are the benefits of owning over renting?
Today we have a post from Guest Blogger and Loan Officer Chris Karalis. Are you serving in the military or recently retired & looking to buy a home? This post is for you!