SHAWN BAKER, REALTOR
  • Home
  • About
    • Testimonials
  • Contact
  • Listings
  • Sold!
  • Home Search
  • Resources

Real Estate: We are NOT the Only Ones Saying You Should Buy

5/6/2014

 
Picture
We have never hid our belief in homeownership. That does not mean we think EVERYONE should run out and buy a house. However, if a person or family is ready, willing and able to purchase a home, we believe that owning is much better than renting. And we believe that now is a great time to buy.

We are not the only ones that think owning has massive benefits or that now is a sensational time to plunge into owning your own home. Here are a few others:

Benefits of Owning 

Joint Center for Housing Studies, Harvard University

“Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord…Having to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings.”

The Federal Reserve

“Renters have much lower median and mean net worth than homeowners in any survey year.”

Benefits of Buying Now 

Trulia

“Buying costs less than renting in all 100 large U.S. metros… Now, at a 30-year fixed rate of 4.5%, buying is 38% cheaper than renting nationally.”

Freddie Mac

"One thing seems certain: we are not likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012…Yes, rates are higher than they were a year ago – and certainly higher than two years ago. But if you look at the averages over the last four decades, today's rates remain historically low."

Via Keeping Current Matters

Comments are closed.

    Archives

    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    July 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    June 2010
    May 2010

    Categories

    All
    Brewery District
    Cincinnati
    Condo
    Conservation
    Green
    Growth
    Hoa
    Home Improvement
    Home Owner Association
    OVER-THE-RHINE
    Population
    Remodel
    Spotlight
    Tips
    Water

    RSS Feed

Shawn Baker, Realtor
Comey & Shepherd City Office
sbaker@comey.com
Office  (513) 241-3400
Home
About
Testimonials
Contact
Listings
Sold!
Home Search
Updates
Resources
Picture
Shawn Baker - Agent with Comey & Shepherd Realtors
Reviews on Zillow
2945794
"Shawn is a true professional. I was impressed with his knowledge of my neighborhood and networks of buyers, who would be interested in buying here. ... more "
5.0/5.0
by cje18
2820272
"Shawn helped us find our first home. He was knowledge about all city neighborhoods we looked in. He was quick to respond to text messages 7 days a ... more "
5.0/5.0
by user2578077
2733104
"Shawn Baker is an excellent realtor with extensive knowledge of the Cincinnati market, particularly downtown. He has helped me through several ... more "
5.0/5.0
by Derek Bauman
Copyright 2017, Shawn Baker and Comey & Shepherd Realtors®, Inc. All rights reserved. 
All information contained herein is believed accurate but is NOT guaranteed. Last updated 1/28/2019
  • Home
  • About
    • Testimonials
  • Contact
  • Listings
  • Sold!
  • Home Search
  • Resources