In a recent article by the Wharton School of Business at the University of Pennsylvania, it was revealed that some Millennials are not looking to purchase a home simply because they don’t believe they can qualify for a mortgage.
Source: Millennials: What FICO Score is Needed to Buy a Home?
Singles Are Falling For Their Dream Home [INFOGRAPHIC]
Source: Singles Are Falling For Their Dream Home [INFOGRAPHIC]
Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,40
Source: 2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter
Buying A Home Can Be SCARY… Until You Know The FACTS! [INFOGRAPHIC]
Source: Buying A Home Can Be SCARY… Until You Know The FACTS! [INFOGRAPHIC]
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With residential real estate values rising quite substantially in most parts of the country over the last few years, many homeowners are seeing a major increase in their family’s wealth as equity continues to build in their house.
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A recent article that appeared on Nasdaq.com addressed the issue of whether it is best to buy or rent in today’s real estate environment. The article was very fair in discussing both options.
Making the Connection 