Rent vs Buy

Oct. 20, 2021

Looking To Move? It Could Be Time To Build Your Dream Home.?


Looking To Move? It Could Be Time To Build Your Dream Home.

While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly …

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Oct. 11, 2021

Experts Agree: Homeownership Provides a Path to Long-Term Wealth? Experts Agree: Homeownership Provides a Path to Long-Term Wealth



Experts Agree: Homeownership Provides a Path to Long-Term Wealth

A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include:

  • The flexibility to make the space your own
  • The pride homeownership offers
  • The …
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Aug. 30, 2021

The Difference in Net Worth Between Homeowners and Renters Is Widening

 

The Difference in Net Worth Between Homeowners and Renters Is Widening | MyKCM

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It …

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Aug. 11, 2021

Are Houses Less Affordable Than They Were in Past Decades?

 

Are Houses Less Affordable Than They Were in Past Decades? | MyKCM

There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than …

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Aug. 3, 2021

With Rents on the Rise – Is Now the Time To Buy?

 

With Rents on the Rise – Is Now the Time To Buy? | MyKCM

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes:

Beyond simply recovering to …

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June 18, 2021

Owning a Home Has Distinct Financial Benefits Over Renting

 

Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | MyKCM

Some Highlights

  • When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.
  • On the other hand, when you own your home, you build your own wealth
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June 4, 2021

Top Reasons To Own Your Home

 

Top Reasons To Own Your Home [INFOGRAPHIC] | MyKCM

Some Highlights

  • June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home.
  • If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been searching …
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June 1, 2021

6 Reasons to Celebrate National Homeownership Month

 

6 Reasons to Celebrate National Homeownership Month | MyKCM

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, …

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May 27, 2021

How Misunderstandings about Affordability Could Cost You

 

How Misunderstandings about Affordability Could Cost You | MyKCM

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether …

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April 28, 2021

Patience Is the Key to Buying a Home This Year

 

Patience Is the Key to Buying a Home This Year | MyKCM

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting …

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Posted in For Buyers, Rent vs Buy