Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather […]
10 Steps to Buying a Home This Summer in Knoxville [INFOGRAPHIC]
Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else may be required in your area!
Owning Costs Less While Renters Paying Substantially More
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference between the costs of renting versus owning? It […]
46 Million Millennials Are Now Mortgage Ready. But Do They Know It?
Much has been written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying a home. (Partially because this generation has been […]
VIDEO: The Cost of Renting vs Buying a Home in Knoxville
The latest reports indicate that homeownership is still cheaper than renting in the United States. Let’s get together to find you your dream home – it may be cheaper than you think! Contact Troy Stavros with CornerStone Realty Associates at 888-388-DOOR xt. 707 or 865-999-0925 today!
What are the long term benefits of buying a home vs. renting a home in Knoxville?
This infographic from Forbes.com explains pretty clearly the long term benefit of buying a home in Knoxville versus renting. The American dream is alive an well and as this shows can in turn help you save for retirement. Renting may be a good option if you are planning to stay in a location for a […]