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…
Offering Concessions to Protect Asking Prices Are you finding it a little more difficult to sign good tenants at your asking price? It might be a trend. Instead of responding by dropping your rent prices and creating havoc with your business, it's wiser to have a collection of incentives or concessions to offer them during…
Attracting Baby Boomer Renters New industry reports are talking a lot about how baby boomers are driving the housing market right now. Overall, they own half the wealth in America, and they're swelling the senior age group category and will continue through 2030. They're competing head-to-head to buy homes vs Millennials and winning, yet Millennials…
Buy vs Rent in 2023 Redfin's latest report found that in only 4 major US metros , is it better to buy than rent. Those cities were Houston, Detroit, Philadelphia and Cleveland. The rest? Better to rent. Yes, mortgage rates have climbed and housing supply has cratered, especially in the single family market pushing house…
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