A Key To Building Wealth Is Homeownership

A Key To Building Wealth Is Homeownership | Simplifying The MarketThe link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve […]

The Many Benefits of Homeownership

The Many Benefits of Homeownership | Simplifying The MarketThe past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to buy a home today, […]

Are You Wondering if This Is the Year To Buy a Home?

Are You Wondering if This Is the Year To Buy a Home? | Simplifying The MarketEvery year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time. After all, according to Census […]

The Difference Between Renting and Owning [INFOGRAPHIC]

The Difference Between Renting and Owning [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home.
  • As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan.
  • If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. If you want to learn more, let’s connect to talk about the perks of homeownership.

Real Estate Voted the Best Investment Eight Years in a Row

Real Estate Voted the Best Investment Eight Years in a Row | Simplifying The MarketIn an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a […]

Owning Is More Affordable than Renting in the Majority of the Country

Owning Is More Affordable than Renting in the Majority of the Country | Simplifying The MarketIf you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 […]

4 Things Every Renter Needs To Consider

4 Things Every Renter Needs To Consider | Simplifying The MarketAs a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a few things you should think about before you settle […]

Renters Missed Out on $51,500 This Past Year

Renters Missed Out on $51,500 This Past Year | Simplifying The MarketRents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January […]

Experts Agree: Homeownership Provides a Path to Long-Term Wealth

Experts Agree: Homeownership Provides a Path to Long-Term Wealth | Simplifying The MarketA recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey, 41% of respondents say they’d […]