Monthly Archives: June 2017
This Advice on Homeownership Hasn’t Changed in 200 Years
Last month, we reported that billionaire John Paulson believes in the financial advantages of homeownership. He has often repeated: “I think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.” However, he has not been the only billionaire to give such advice.... Read More
A Homeowner’s Net Worth is 36x Greater Than A Renter!
Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth. The Federal Reserve conducts a Survey of Consumer Finances, every three years, and just... Read More
Mortgage Interest Rates Reverse Course in 2017
To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase but instead how much they would increase. Some thought we could... Read More
4 Reasons to Buy This Summer!
Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.9% over the... Read More