Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear. Every market is different. ... » Learn More about The Cost of Renting vs. Buying a Home [INFOGRAPHIC]
Archives for November 2019
This is Not 2008 All Over Again: The Mortgage Lending Factor
Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment assistance programs are causing ... » Learn More about This is Not 2008 All Over Again: The Mortgage Lending Factor
Differences Between Eastern and Western Oregon
(Content submitted by Lisa Roberts.) If you’re thinking about moving to Oregon, you may be wondering what the best place to put down your roots is. Nowadays, in this very divided political climate, there is a lot of talk about the differences between regions. In most cases, people consider these ... » Learn More about Differences Between Eastern and Western Oregon
Buyer Demand Growing in Every Region
Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began with a ... » Learn More about Buyer Demand Growing in Every Region
Homeownership Rate Remains on the Rise
In the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market. The U.S. Census Bureau announced, “The homeownership rate of 64.8 percent was not statistically different from the rate in the third quarter 2018 (64.4 percent), ... » Learn More about Homeownership Rate Remains on the Rise
