Lake Livingston Area Real Estate

Texas Premier Realty - Lakes Livingston's Premier Real Estate Company

Request an Appointment

(281) 415-5888 Direct

Categories

STAY UP TO DATE WITH WEEKLY UPDATES

Get The Latest Listings Sent Straight To Your Email.

Tags

Buying a Home Buying A Home Can Be Scary Buying A Home Has Benefits Buying A Home In 2018 Buying A Home In Lake Livingston Buying A Home In Lake Livingston 2018 Buying A Home In The Fall Of 2017 Buy Now Don't Wait To Buy A Home Until Spring Of 2018 Don’t Get Caught in the Rental Trap! Fall Is A Good Time To Sell Your Home Fear Stopping Your From Applying For A Mortgage Fha Loans Financing First Step In Getting A Mortgage First Time Home Buyers Home Costs Home Equity Home Ownership Home Ownership In Lake Livingston TX Home Shortages in Livingston Texas Home Values Housing Shortage In Lake Livingston TX Housing shortage in Livingston TX Housing Shortage In Onalaska TX Lake Livingston Real Estate Low Down Payment Programs for Millennials Millennials Swarm Towards Down Payment Assistance Programs Mortgage Process for Buyers Mortgage Process For First Time Home Buyers Mortgage Rates Mortgate Rates Real Estate Tips Renters Say It's Time To Purchase A Home Reverse Mortgage Loans reverse mortgages Selling A Home In Lake Livingston Selling A Home In Lake Livingston 2018 Selling Your Home Selling Your Home As A FSBO Selling Your Home In Todays Market Selling Your Home This Fall Senior Reverses Mortgages Taxes Why Is There So Much Paperwork When Getting a Mortgage?
1 May

Buying a Home Is Cheaper Than Renting in the Majority of the US

By

Buying a Home Is Cheaper Than Renting in the Majority of the US | Simplifying The Market

Buying a Home Is Cheaper Than Renting

The results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report.

The updated numbers show that renting a three-bedroom property in the United States requires an average of 38.8% of income.

The least affordable market for renting was Marin County, CA, just over the Golden Gate Bridge from San Francisco, where renters spend a staggering 79.5% of average wages on rent, while the most affordable market was Madison County, AL where 22.3% of average wages went to rent.

Other interesting findings in the report include:

  • Average rent rose faster than income in 60% of counties
  • Average rent rose faster than median home prices in 41% of counties
  • While median home prices rose faster than average rents in 58% of counties

Bottom Line

Buying a home makes sense socially and financially. If you are one of the many renters out there who would like to evaluate your ability to buy this year, let’s get together to find your dream home.

About the author:

Buying a Home Is Cheaper Than Renting

Was provided by Art Di Segna, a recognized leader in his field. Art can be contacted via email at Art@FineHomesOfTexas.com by phone at (281) 415-5888 or Contact Me. Art has helped hundreds of people move in and around many Houston towns for the last 14+ years.

Thinking of Selling or Buying A Home? I have a passion for Real Estate and love to share my marketing expertise! What is my home worth….

I specialize in working with buyers in the following areas: Houston, Spring, Cypress, Tomball, Magnolia, Conroe, Huntsville, Point Blank, Lake Livingston area, Onalaska, Cape Royale, Cold Spring, Blanchard, Trinity, Woodville Texas.

Find The Value Of Your Home

http://www.artdisegna.com/purl/cmareport

16 Dec

Should Boomers Buy or Rent after Selling?

By

 

Should Baby Boomers Buy Or Rent After Selling

The question is, Should Boomers Buy or Rent after Selling? In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home.

“Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent…

Meanwhile, more than 5 million baby boomers across the nation are expected to rent their next home by 2020, according to a 2016 analysis from Freddie Mac.”

This makes sense in the short term for many reasons. If you are moving to a different part of town or a new region of the country, you may decide to rent until you pick the perfect home in an area you love. However, is renting a good long-term strategy?

A mortgage payment remains fixed. Rents, however…

The Census Bureau recently released their 2017 third quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

Should Boomers Buy or Rent after Selling? | Simplifying The Market

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether you should rent or buy your next home, you should take this into consideration.

Bottom Line

One way to protect yourself from rising rents is to lock in your housing expense by buying a home instead of renting. Let’s get together so we can help you decide what the best step is for you and your family!

Should Boomers Buy or Rent after Selling?

Was provided by Art Di Segna, a recognized leader in his field. Art can be contacted via email at Art@FineHomesOfTexas.com by phone at (281) 415-5888 or Contact Me. Art has helped hundreds of people move in and around many Houston towns for the last 14+ years.

Thinking of Selling or Buying A Home? I have a passion for Real Estate and love to share my marketing expertise! What is my home worth….

I specialize in working with buyers in the following areas: Houston, Spring, Cypress, Tomball, Magnolia, Conroe, Huntsville, Point Blank, Lake Livingston area, Onalaska, Cape Royale, Cold Spring, Blanchard, Trinity, Woodville Texas