Rent vs Buy

Nov. 3, 2022

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

 

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be. | MyKCM

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations ...

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Oct. 17, 2022

The Emotional and Non-financial Benefits of Homeownership

 

The Emotional and Non-financial Benefits of Homeownership | MyKCM

With higher mortgage rates, you might be wondering if now's the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that ...

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Sept. 30, 2022

Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC] | MyKCM

Some Highlights

  • If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers.
  • Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically ...
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Aug. 15, 2022

The U.S. Homeownership Rate Is Growing

 

The U.S. Homeownership Rate Is Growing

The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year:

The U.S. Homeownership Rate Is Growing | Keeping Current Matters

That data shows more than half of the U.S ...

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Aug. 8, 2022

Buying a Home May Make More Financial Sense Than Renting One?

 

Buying a Home May Make More Financial Sense Than Renting One

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says:

“The median ...

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Aug. 1, 2022

Why Are People Moving Today??

 

Why Are People Moving Today?

Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you.

While mortgage rates are higher than ...

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July 20, 2022

Should You Buy a Home with Inflation This High??

 

Should You Buy a Home with Inflation This High?

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should ...

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June 21, 2022

The Average Homeowner Gained $64K in Equity over the Past Year?

 

The Average Homeowner Gained $64K in Equity over the Past Year

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than ...

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June 20, 2022

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans?

 

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color.

The Gap in Homeownership Rate ...

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June 13, 2022

More Americans Choose Real Estate as the Best Investment Than Ever Before?

 

More Americans Choose Real Estate as the Best Investment Than Ever Before

Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.

The graph below shows ...

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