More Single Women Purchase Homes Than Single Men

homeownership among unmarried women

How Many Women Own Homes Perhaps you missed it, but Unmarried and Single Americans Week was observed from Sept. 17 to 23. Based on 2016 demographics, there were 110.6 million unmarried people in the country to be celebrated. That’s 45.2 percent of all United States residents ages 18 and older, a number that includes the never married, widowed, divorced and cohabiting.   What is the housing situation for people who are unmarried? Women, who made up 53.2 percent of this group in 2016, are more likely to be homeowners, according…

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Is Your Home Really A Safe Investment?

buying a house as investment

Buying a house is widely considered to be one of the best investments you can make. If you own your home, then your housing payments are being put to use to pay off your mortgage and eventually make the house 100% yours. Rent payments are simply gone forever. But some homeowners think of their houses as more than just homes: They expect to make a substantial profit on the purchase. Here’s why that can be a really bad mindset to have. Home prices While it’s true that home prices steadily…

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Most Common Home Buyer’s Regret

home buyers remorse

Remorse is a common feeling during home buying. For a first-time home buyer, pitfalls trap for those unprepared. Fortunately, there are many things you can learn from making mistakes. Far too many buyers fall in love on a home only to realize after moving in that they overlooked something major often leading to buyer’s remorse. Although some may still be happy with the purchase overall, there are definitely a few things they wish they would have done differently. But as we often hear, you live and you learn. Let’s look at the most common traps first-time home buyers fall into. Trying to…

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NYC’s Tipping Point: Buyers Need 5.6 Years To Break Even on Home Purchase

buying or renting

For New Yorkers considering buying a home, 2017 has been a tough year. A combination of rising mortgage rates and higher home prices in many parts of the city have decreased the affordability of purchasing a home. Moreover, a softening in the rental market throughout the city has made renting more attractive relative to buying, causing some potential homeowners to postpone their purchase. Given these circumstances, the latest StreetEasy Tipping Point analysis shows buyers should be prepared to spend a longer time in their home than in the past for…

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