Why Homeownership Wins in the Long Run Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision….
Tag: Homeownership
Making Homeownership Work on a Budget
For low-income families, buying a home can seem out of reach. On top of financial stress, the competitive market may make buyers feel like they will never find a home they can afford. If you dream of buying a house but have lost hope because of you don’t think you can afford it, don’t give up. There…
Dallas Real Estate Market
Real Estate Market Update & Neighborhood Report Dallas & Surrounding Area: PRICE INDEX HISTORICAL Want to see this report for another area? Please enter a zip code: A Look Back: How Dallas & Surrounding Area Homes Have Changed in Value – What’s the Risk in Your Market? The historical price index for Dallas & Surrounding…
Renters Warm to Homeownership, Despite Affordability Concerns
Renters are staunchly in favor of homeownership, and, though they have concerns about their ability to afford a home, more now believe it is easier to qualify for a mortgage. According to the latest SCE Housing Survey, part of the Survey of Consumer Expectations (SCE) by the Federal Reserve Bank of New York, 72.3 percent…