Tag Archives: home ownership

Your New Year’s Resolution: Save For A Home

For many Americans, the jump into the new year marks an important step forward toward achieving a New Year’s resolution, and saving for a down payment to buy a home may be among them. But that goal can take some … Continue reading

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Home Ownership Still Viable Way To Wealth

The recent housing crisis has prompted questions over whether home ownership is still a viable way toward greater wealth in this country. Confidence in home ownership was shaken, and many have had to turn to renting (the number of renters … Continue reading

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Top 10 Reasons Renters Keep Renting

The majority of Americans who do not own their own home say they intend to one day and hold strong feelings toward home ownership. But how about those 20 percent of households who are adamant about renting and say they … Continue reading

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Income Growth Is Key For Housing Demand

If income growth is key for greater household formation, housing analysts say some recent progress on the salary front may soon unleash pent-up housing demand among younger adults. While all age groups, except for those above age 65, continue to … Continue reading

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First Time Buyers Turn To The Mom & Dad Bank For Help

First time buyers are increasingly turning  to the Mom and Dad bank to help fund their home purchases. Twenty-seven percent of first time buyers last year received a cash gift from relatives or friends for a down payment, according to … Continue reading

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Americans Squeezed By Rising Rents & Falling Wages

Americans are increasingly becoming cash-strapped, facing rising rents while their paychecks are shrinking or stagnant, RealtyTrac reports. Nationwide, rents have risen by 6 percent over the last decade, according to data compiled from Harvard’s Joint Center for Housing Studies. Meanwhile, … Continue reading

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FHA Says: Take A Class And Save On Your Loan

The Federal Housing Administration ( FHA )will be ending its public comment period in mid-August on a proposed program that would allow first-time home buyers to get a discounted mortgage if they enroll in housing counseling classes. The program, called … Continue reading

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Real Estate Is Still A Great Investment

Americans have renewed confidence in real estate as a great investment. In fact, Americans believe real estate is the “best” long-term investment, followed by gold, stocks, mutual funds, savings accounts/CDs, and bonds, according to a new Gallup Poll of about … Continue reading

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Student Debt Holds Back Future Home Buyers

Student Debt Holds Back Future Home Buyers Rising student debt continues to take blame for curtailing the number of young Americans who are able to break into home ownership, but lenders and real estate professionals say it doesn’t have to … Continue reading

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The American Dream Of Home Ownership Still Alive

The American Dream The American dream of home ownership still alive. The recession hasn’t shaken Americans’ confidence in home ownership, according to a new survey of 1,000 adults nationwide by NeighborWorks America. About two-thirds of survey respondents say their opinion … Continue reading

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