Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the choice becomes obvious.
Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.
Even if you are in a market that is not as competitive, understanding your budget will give you the confidence of knowing if your dream home is within your reach.
Read MoreColorado Springs is the No. 2 “Best Place to Live” in America, according to the 2018 rankings released by U.S. News & World Report. The quality of life and the present job market boosted the city into the top two, with Austin, Texas taking the top spot.
The rankings considered the top 125 cities in the U.S. Colorado Springs was ranked No. 11 last year and No. 5 in 2016.
Read MoreHere are five reasons listing your home for sale this spring makes sense.
Read MoreIf you are debating a major renovation that would change the layout of your home, before you pick up that sledgehammer, let’s get together and discuss the available listings in our area that might meet your needs today!
Read MoreEvery day, thousands of homeowners regain positive equity in their homes. Some homeowners are now experiencing values even higher than before the Great Recession. If you’re wondering if you have enough equity to sell your house and move on to your dream home, let’s get together to discuss conditions in our neighborhood!
Read MoreWhen mortgage rates increase, history has shown that prices appreciate (and do not depreciate) during that same time span.
Read MoreIf you are one of the many homeowners whose houses no longer fit their needs and are looking to move up to your dream home, now is a great time to list your starter home! First-time buyers are out in force looking to achieve their American Dream.
Read More
![The Cost of Renting vs. Buying [INFOGRAPHIC]](https://images.squarespace-cdn.com/content/v1/526adba7e4b0a46a46024675/1528482949979-WI732A1K5LKKWDL4Z5D0/blog.jpg)
