by Mark Chaffee | Jun 23, 2020 | Housing Affordability, Mortgage Tips, Real Estate Market
In a matter of months, the coronavirus has reshaped the lives and plans of countless Americans in big ways and small. If you’re one of the many households that was preparing to buy or sell a home this year, you may be wondering if you can still safely, smoothly and...
by Mark Chaffee | Mar 7, 2018 | Housing Affordability, Owning Vs Renting
The economists at CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009. One of the key...
by Mark Chaffee | Feb 21, 2018 | Financial Fitness, Housing Affordability, Owning Vs Renting
According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream. The profile went on to...
by Mark Chaffee | Feb 13, 2018 | Financial Fitness, Housing Affordability, Owning Vs Renting
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your...
by Mark Chaffee | Jan 29, 2018 | Financial Fitness, Housing Affordability, Owning Vs Renting
According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” For the report, ATTOM Data Solutions compared...
by Mark Chaffee | Nov 27, 2017 | Financial Fitness, Housing Affordability, Owning Vs Renting
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “In reality, buying...
