RENT VS. BUY – WEIGHING THE PROS AND CONS
RENT VS. BUY Submitted by Martin C. Sears PC You might be thinking about your New Year’s Resolutions. If one of them might be to save up for a house… we can help you with your pros and cons list. To start, it helps to think about the long-term benefit. “When renting or owning a […]
Buy now or Wait it Out?
BUY NOW OR WAIT IT OUT? Submitted by Martin C. Sears PC If a recession hit, would you have to sell your home? Downsize? Rent? Questions are swirling about when a “housing bubble” might burst. Oddly enough, most potential homebuyers want it to happen. Why? ConsumerAffairs recently polled prospective homeowners timing entry into the housing […]
Rent vs. buy. Are you ready to become a homeowner?
Signs You Are Ready to Become a Homeowner There is no denying the flexibility that renting offers—you can move relatively quickly when you want, and you do not have to carry a mortgage for decades to have a place to live. However, if you are like many renters, you are probably at least considering the […]
The Language of Homebuying. What does it all mean?
Buying a home can be intimidating if you are not familiar with the most common phrases used throughout the process. But not to fear: here’s a list of home-buying lingo to bring you up to speed. Fixed-Rate Mortgage Mortgage rates are discussed when you meet with a broker. A fixed-rate […]
National Association of Realtors: Reduction in Housing Starts
Instant Reaction: Housing Starts, July 19, 2022 July 19, 2022 By: Lawrence Yun Homebuilders have become extremely cautious about the prospect of single-family home sales, while multifamily activity remains robust. Single-family units fell to 982,000 in June, the lowest level since the pandemic lockdown of March 2020, while multifamily starts reached 577,000, one of the highest […]