peter@mytrianglehome.com Blog

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Real Estate Agent - 501 Realty LLC - 279103
RECENT BLOG POSTS
Renting vs. Buying: What Does it Really Cost?   Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent. Buying costs are significantly less than renting costs. The percentage of income needed to afford ...
05/19/2016
The Presidential Election and Its Impact on Housing Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Timesran an article earlier this week where they explained: “A gr...
05/19/2016
In a Seller’s Market: Is it Time to Downsize? A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the countr...
05/16/2016
Housing Inventory Disappearing The price of any item is determined by the supply of that item, and the market demand. TheNational Association of Realtors (NAR) recently released their latest Existing Home Sales Reportwhich gives insight into today’s market conditions. Inventory Levels & Demand Sa...
05/11/2016
04/22/2016
Home values continue to climb and are projected to increase by about 5% over the next twelve months. That is great news for anyone who owns a home. However, it could present a challenge for a family trying to sell their house. If prices are surging, it is difficult for appraisers to find adequat...
04/21/2016
Buying a Home is 36% Less Expensive Than Renting Nationwide! In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actual...
04/20/2016
How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”.A r...
04/13/2016
According to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also included...
04/13/2016
How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”.A r...
04/07/2016
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