What are the Financial and Tax Benefits of Homeownership?

Benefits of being a homeowner

Homeowners who have owned and maintained their properties in good condition can see a significant return. Even adjusting for inflation, home values tend to have positive gains over the years. Note: Consult your licensed financial tax expert before making changes in homeownership for financial and tax purposes. Home Price Trends While the average home price … Read more

August Home Prices Down, Inventory Up [Video]

  The August housing market report finds home listing prices are down, home inventory is up, and homes for sale are spending more time on the market. Combined, this gives buyers more choices during what is typically the best time of year to buy a home.

Renting vs. Owning a Home

Comparing renting and home ownership

Owning a home is a life-changing decision, and it’s something to take seriously. And while homeownership is the ultimate goal for most people, owning a home has several challenging aspects. According to a press release from the Department of Housing and Urban Development (HUD) released in February 2022, over 326,000 individuals had, at one point, … Read more

Questions to Consider About an Investment Property Before Buying

Investment Property Questions for Investors

Successful real estate investing demands attention to detail. Careful analysis is especially important for investors who intend to purchase investment rentals or flip a property. Not adequately addressing all the elements of a real estate transaction can reduce the anticipated return or even result in financial loss. For example, overlooking weaknesses in a property, underestimating … Read more