Why Moving to a More Affordable Area Makes Sense

Moving to a more affordable area could be the fresh start you need to get ahead financially.

Moving to a more affordable area could be the fresh start you need to get ahead financially.
If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes.
Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening.
Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of…
A shift is underway in the housing market this season.
Even though asking home prices rose 7.0% in the last year, outpacing rent increases of 3.2%, the gap between buying and renting has narrowed only slightly. One year ago, buying was 46% cheaper than renting. Today’s it’s 44% cheaper to buy versus rent. In fact, homeownership is cheaper than renting in all of America’s 100…
Trying to buy your first home? If you’re worried about affordability today or the limited number of homes for sale, these tips can help.