Following a year of rising costs and interest rates, the housing market is starting to make an upward turn. With housing prices stabilizing and average wages slowly rising, homeownership is slightly more affordable than renting in some of the largest cities in the United States. According to the first-quarter 2023 U.S. Home Affordability Report released by ATTOM, a leading curator of land,[...]
When it comes to renting and buying in today’s market, the average three-bedroom home can be monetarily draining for families across the nation. With home prices rising faster than wages and wages rising faster than rent prices within the greater Atlanta region, renting is the more financially beneficial choice when searching for a home this year. Rick Sharga, executive vice president[...]
Think you can’t afford to own your own home? Think again. If you currently rent, chances are you can buy. We'd love your feedback on our why rent when you can own article! Please comment at the bottom. The Federal Housing Finance Agency made changes in the summer of 2021 that mean on-time rent can count in underwriting for government sponsored[...]
Home prices are rising around the country, including in metro Atlanta. According to RealtyTrac’s® November reports, prices in the Atlanta real estate market were up 15 percent in November 2014 as compared to a year prior. In addition, the Augusta and Richmond metro area saw a 15 percent year-over-year appreciation, while the Chattanooga, Tennessee market, which also includes parts of[...]
If you are still renting an apartment, house or condo in Atlanta, it is time to think about buying Atlanta real estate. Yes, I know, you have heard that before, but the time is now. According to a new report from Deutsche Bank, it is cheaper to buy a home in Atlanta than it is to rent! Atlanta makes the[...]
If you are attempting to make a decision about whether to rent or own a home, consider all of your options before jumping into anything. Some people think they will save money by renting first while others feel they cannot afford to own a home. The longer you rent, the less likely you will be inclined to buy a home.[...]
When it comes to ranking America's cities, Forbes seems to be king. They have so many lists from best places for singles to best Relovilles, and, on the plus side, Atlanta tends to make it on most every one of these lists. So, it's pretty exciting when we find a ranking not from a source other than Forbes in which[...]