Buying a Home is More Affordable Than Renting in 66% of US Counties

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Buying a Home is More Affordable Than Renting in 66% of US Counties

ccording to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed.

The report found that “making monthly house payments on a median-priced home — including mortgage, property taxes and insurance — is more affordable than the fair market rent on a three-bedroom property in 354 of the 540 counties analyzed in the report (66 percent).”

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Why Pre-Approval Should Be Your First Step

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Why Pre-Approval Should Be Your First Step

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

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"Before I Start Looking" - A Home Buyer's Checklist

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"Before I Start Looking" - A Home Buyer's Checklist

If you've been thinking about buying a home, here's a few questions to ask yourself. 

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JUST LISTED: 4371 Myron Avenue, Wayne

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JUST LISTED: 4371 Myron Avenue, Wayne

Now on the Market: A 3-bedroom, 1 bath home in Wayne, Michigan. 

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Homeowners Tax Class

/ Hinton Real Estate Group/
Homeowners Tax Class

Join Hinton Real Estate Group and Tax Expert AJ Gross to learn about homeowner's tax deductions!

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Will Housing Affordability Be a Challenge in 2017?

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Will Housing Affordability Be a Challenge in 2017?

Bottom Line: The Housing Affordability Index is in great shape and should not be seen as a challenge to the real estate market’s continued recovery.

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