Homeownership

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Homeownership Are Home Prices Falling? Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year. While this varies by market, and while there were some months with slight […]
Homeownership Buying A Multi-Generational Home…Does It Make Sense For You? Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Why Buyers Are Opting for Multi-Generational Living According to the National Association of Realtors (NAR), two of the top reasons […]
Homeownership The Dramatic Impact of Homeownership on Net Worth Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net worth for homeowners and renters. The latest report shows the average homeowner’s net worth is almost 40X greater than a renter’s When you’re a homeowner, your equity grows as your home appreciates in value and you make your mortgage payment each month. When you own a […]
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