National Association Of Realtors ® Housing Pulse Survey

Dated: 06/06/2017

Views: 71

Image title

The National Association of Realtors (NAR) recently came out with their Housing Pulse Survey which stated two main reasons why American prefer home owning to renting:

  1. they want the ability to build equity

  2. they want a stable environment

Building Equity:

Millionaire David Bach talks about buying homes rather than renting to create equity alongside a recent article by the Mortgage Reports. Both agree that buying and renting differ because when you buy, you’re putting together money every month to then have a home where as with renting, the money you put in every month gets you a place to stay until stop paying, at which time you leave with nothing.

Stable Environment:

A survey of property managers done by tells why renters shouldn’t feel they have a stable environment:

  1. 68% of property managers said that will rise in the next year as much as 8%.

  2. 53% of property managers said that they were more likely to bring in a new tenant at a higher rate rather than negotiate over a current lease.

Main Take-Away: home ownership isn’t only a good idea, it is a chance to build on your family’s assets and give you a stable environment.

Blog author image

Julie Baldino - Owner-Managing Broker

Julie Baldino is a seasoned veteran of the Pacific Northwest real estate industry, and has consistently been in the top 10% in sales for over a decade in 2 states. In order to accommodate a rapidly ex....

Want to Advertise on this Site?

Latest Blog Posts

3 Reasons To Ask Your Realtor For A Lender Referral

3 Reasons To Ask Your Realtor For A Lender ReferralYou are one in a million if you have enough cash to buy a home! For most people getting pre-approved for a home loan is one of the first steps in

Read More

The True Cost Of Not Owning A Home

There are a lot of reasons why owning is better than renting, here are a few reasons comparing the cost of not owning a home:1- The Price is so CloseRenters are facing increases everyday. With

Read More

Three Tips For Making An Offer

1- Determine a Price RangeThis should happen right before you start the homebuying process. If you don’t know how much you can afford, you will be shopping in the dark with a blank check

Read More