by Mark Chaffee | Aug 23, 2019 | Owning Vs Renting
If you’re on the fence about purchasing a home, here’s an important piece of advice: buying a home sooner rather than later could save you money. This is because three things can happen while you’re waiting to buy: Mortgage rates can increaseHome prices...
by Mark Chaffee | Mar 7, 2018 | Housing Affordability, Owning Vs Renting, Vermont Real Estate
The economists at CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009. One of the key...
by Mark Chaffee | Feb 21, 2018 | Financial Fitness, Housing Affordability, Owning Vs Renting, Vermont Real Estate
According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream. The profile went on to...
by Mark Chaffee | Feb 13, 2018 | Financial Fitness, Housing Affordability, Owning Vs Renting, Vermont Real Estate
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your...
by Mark Chaffee | Jan 29, 2018 | Financial Fitness, Housing Affordability, Owning Vs Renting, Vermont Real Estate
According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” For the report, ATTOM Data Solutions compared...
by Mark Chaffee | Dec 8, 2017 | Financial Fitness, Mortgage Tips, Owning Vs Renting, Vermont Real Estate
Why is there so much paperwork mandated by the lenders for a mortgage loan application when buying a home today? It seems that they need to know everything about you and requires three separate sources to validate each and every entry on the application form. Many...
