According to CoreLogic, new and existing houses and condominiums sold during this past month of September fell 18% compared with September of 2017. This is a worrisome trend for potential home buyers, as the median price for homes sold in September was $505,000 (3.6% higher than it was last year). With prices rising, and home … More RB Insight: Southern California Housing Slump
A recent study has suggested that renting an apartment can make you more money than owning a home. As shocking as this may sound, a thorough review of the data, reveals you should take your time before doing anything drastic. “A Revision of the American Dream of Homeownership,”published in 2017, does not outright tell us … More Home Ownership & Wealth Generation: Should you be renting?
Is the American Dream of homeownership dying with Millennials, and do they even care? Will the proposed tax reform be the death knell? Let’s start with a quick review of current housing market conditions: Homeownership rates are hovering around a five decades low. – Low inventory rates are making it hard to find a house … More Is the American Homeowner’s Dream Dead?