by Thomas Scott | Apr 2, 2018 | Buyer, Seller
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that: “Buying...
![The Cost of Renting vs. Buying Today [INFOGRAPHIC]](https://madisonallied.com/wp-content/uploads/2018/10/The-Cost-of-Renting-vs.-Buying-Today-INFOGRAPHIC-1046x675.jpg)
by Thomas Scott | Mar 30, 2018 | Buyer, Seller
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice...
by Thomas Scott | Mar 29, 2018 | Buyer, Seller
Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise...
by Thomas Scott | Mar 28, 2018 | Buyer, Seller
Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even...
by Thomas Scott | Mar 27, 2018 | Buyer, Seller
The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their...
