The Homeownership Rate Increases for the First Time in Two Years
The Department of Commerce and the Census Bureau just released their third-quarter figures concerning homeownership and vacancies, and data from the past three months shows a two-year trend might be reversing. Specifically, the percentage of Americans owning homes increased to 63.7 percent, up from 63.4 percent in 2015’s second quarter. However, while the amount bucks…
4 Essential Tips for Choosing Homeowners Insurance
Plenty of buyers, whether first-time or experienced, wonder, “Do I really need homeowners insurance?” The fact is, you never know when an emergency will happen, and for those rare but potential instances, your policy becomes a financial lifesaver. Whether your property experiences damage, something gets stolen, or you have to temporarily relocate elsewhere, your coverage…
The Pros of Owning a Smaller Home
The most widespread homeownership trend is moving from a large house in the suburbs to a smaller property, preferably closer to the city. Baby Boomers appear to be fueling it, so for this older generation, what makes this arrangement a preferable option? 1. Easier to Maintain The bigger the home, the greater the maintenance….