Stop renting today: You CAN afford a home
Brought to you by Lisa Willett - The Hasson Company Realtors - REALTY INSIDER -
Today, more than ever before, Americans are renting instead of owning a home. As of the 2nd quarter of 2016, the U.S. Census Bureau reports that only 62.9% of all U.S. households are owner-occupied homes, the lowest national homeownership rate since at least 1965, when the census bureau began tracking homeownership.
Remarkably, Zillow reports that nearly 14% of renters in the 35 largest housing markets can afford a median-priced home in their market. 14%! So whats keeping renters from becoming homeowners? In a word: Uncertainty.
Purchasing a home is a big investment, probably the biggest investment you will make in your life, and many renters simply arent ready to go through the process of finding homes they like and making that decision. If youre at all hesitant about purchasing a home, its best to wait. But if youre looking to build equity and wealth, save money on fast-rising rental rates, and youre ready for the added responsibility, you should absolutely become a homeowner.
Finding your perfect home doesnt have to be a process riddled with uncertainty. Realtors like me have extensive networks to help you narrow down your home choices, and my understanding of the current housing market and experience negotiating will ensure you dont pay more for a home than you have to.
If youre leaning towards homeownership, contact me today to get your search started!
Lisa Willett - The Hasson Company Realtors
15400 Boones Ferry Rd, Lake Oswego, OR 97035