Real Estate

The Narrowing Gap Between Renting And Buying A Home In The US

The Narrowing Gap Between Renting And Buying A Home In The US

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According to data compiled by Realtor.com in the fourth quarter of 2019, it is still more affordable overall to rent versus buy a home — but just barely. The median monthly mortgage payment at the end of 2019 was $1,600, while the median monthly rent payment was $1,319. This is largely due to steadily-increasing rates, rising home prices, and near-record-low mortgage rates.

What Should I Consider Most When Buying A Home This Year?

What Should I Consider Most When Buying A Home This Year?

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There are two times when it is best to buy a home. When you have to buy one and when you can afford to buy one. In general, owning a home is better than renting one because you are building up equity for yourself, instead of throwing your money away by helping the landlord buy the property with your rent money.

When It Makes Sense To DIY

When It Makes Sense To DIY

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Many homeowners enjoy DIY, or Do-it-Yourself, home improvement projects. There’s nothing quite like the pride of knowing you used your own hands to put together or improve something.

Turn Your Yard Into An All-Seasons Living Space

Turn Your Yard Into An All-Seasons Living Space

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Think of backyard space as “in-between” or transitional space that is a bit like being inside while being outside. Sunrooms, screened-in covered patios, outdoor kitchens, spas, fire pits and more, are all becoming very popular ways to make more use of the backyard. Making use of the outside area is not limited to only the times of the year that have nice, warm weather.