Buy vs Rent a Home? The tide is turning in the housing market for 2024. As mortgage rates drop, millions of homebuyers are eagerly awaiting a chance to buy a home at lower rates. And if mortgage rates fall to 6%, that is not a high rate historically. The question then is what will home…
Where is the Dream of Home Ownership Right Now? Millions of Americans, and in particular, Millennial and Gen Z buyers have dreams of starting a family and buying a home that can support a family. Yet, statistics and polls show that blissful vision of ownership may be gone forever. In fact, more Americans, Canadians, Brits…
How Will Rising Interest Rates Affect the Rental Market? The US central bank is using interest rates as a way to control inflation, including home prices and rent price inflation. Yet this teeter totter mechanism is a top-down force that may not mesh well with what's actually happening in markets. And landlords and tenants both…
Renting Looking Like the Wisest Choice A new report from Realtor.com adds some intrigue to a housing market where buyers struggle with the decision of buying a home vs renting. They found that in June, according to their stats, the the US median rental price hit an all time high of $1876 per month. However,…
HomeBuyers Pulling Out of Deals A new report from Redfin reveals homebuyers and builders are bailing out of purchase and construction agreements. The recent decrease in home price growth in the US and big jumps in interest rates is sending a shockwave through the housing market. Will the shockwave hit the rental market too? As…
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