by Stig Bergquist | Dec 24, 2020 | Buyer, First Time Home Buyers, Rent vs. Buy
We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership. No matter the living space, the feeling of a home means different things to different people. Whether it’s a certain scent...
by Stig Bergquist | Dec 22, 2020 | Buyers, First Time Home Buyers, Housing Market Updates, Interest Rates, Rent vs. Buy
Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1....
by Stig Bergquist | Nov 10, 2020 | Buyers & Sellers, Pricing, Rent vs. Buy
For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the...
by Stig Bergquist | Nov 3, 2020 | Buyer, Buying Myths, First Time Home Buyers, Pricing, Rent vs. Buy
According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home...
by Stig Bergquist | Oct 7, 2020 | Buyers, First Time Home Buyers, Rent vs. Buy
One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a...
![The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]](https://www.stigbergquist.com/wp-content/uploads/sites/67/2020/08/The-Cost-of-Renting-Vs.-Buying-a-Home-INFOGRAPHIC-1046x675.jpg)
by Stig Bergquist | Aug 28, 2020 | Buyer, First Time Home Buyers, Infographic, Rent vs. Buy
Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving...
