by kramoltz@hotmail.com | Aug 25, 2016 | Home Buying, Renters and Renting
The National Association of REALTORS reviewed employment growth, household income and qualifying income levels in nearly 100 of the largest metropolitan areas across the U.S., to determine which areas with employment gains above the national average also have the...
by kramoltz@hotmail.com | May 20, 2016 | Home Ownership, Renters and Renting
According to the Wall Street Journal, when asked what was their primary reason for renting, 49% of those aged 18 to 34 said they were not financially ready to own. Of those 35 and older, 26% cited that same reason. In the younger below 35 group, 15% said they rent...
by kramoltz@hotmail.com | May 18, 2016 | Home Ownership, Renters and Renting
A study of renters by Fannie Mae revealed the top 3 reasons that they were renting: a. 57% said it allows them to live within their budget; b. 52% said its less stressful; c. And 50% believed its the best decision given the current economic climate. Next: Part 2 of...
by kramoltz@hotmail.com | Apr 25, 2016 | Home Buying, Renters and Renting
A study by Fannie Mae showed that 90% of renters plan to be homeowners one day, with the top 5 reasons why renters want to buy being: 1. Control over what you do with your living space: 84% of renters said this was their main reason for owning; 2. Having a sense of...
by kramoltz@hotmail.com | Feb 28, 2015 | Home Ownership, Renters and Renting
Renting a property, whether a residential or commercial rental, is generally considered to be a high liability business. As a result, reducing the possibility that creditors (which could include an aggrieved tenant) can reach your other assets is critical. That is...
by kramoltz@hotmail.com | Feb 28, 2015 | Home Buying, Renters and Renting
Late last year, Fletcher Wilcox, a well-respected real estate analyst with Grand Canyon Title, prepared a report entitled “Should you Rent or Buy a Single Family Home.” It analyzed whether it was cheaper to pay rent or pay a mortgage on a single family home. Based on...