You didn’t see it coming when you signed the yearlong lease on your apartment five months ago, but for whatever reason – be it a new job in a different city, money troubles or a dispute with your roommate – you’re looking to move sooner rather than later. Without a legal basis for doing so, breaking a
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Buying a home to call your own a significant milestone in the journey of adulthood. For some, it represents more of an ingrained belief than a purely financial decision. For others, it’s a goal they’ve been working towards for a long time. So, if you’ve made the decision that purchasing a home is important both
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Recent headlines exclaimed the homeownership rate, as reported by the Census Bureau, rose again in the second quarter of 2017. What didn’t get much attention in the reports is that the homeownership rate for American households under the age of 35 increased a full percentage point from last quarter’s 34.3% to 35.3%. Millennials proved to have the
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Deciding whether to sell your home when you retire is a complicated question for most people. You’ve got lifestyle issues on one side of the ledger and financial realities on the other. Many people put their quality-of-life first when making this decision, says Jamie Hopkins, retirement income co-director at The American College for Financial Services
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There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by ConsumerAffairs addressed the continuous rise in rents, stating: “The cost of putting a roof over your head continues to go
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Buyers frustrated by the soaring price tags attached to new homes finally got a bit of a break. Finally. The median price of a newly built home fell nearly 4.2% from May, to reach $310,800 in June, according to a joint report by the U.S. Census Bureau and U.S. Department of Housing and Urban Development. Prices were also down
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