Posts Tagged ‘down payment’

While many renters have shoulder the high rents as a tradeoff for location or space, it looks as though that burden is only going to increase. Many of today’s renters have to accept high rents due to the lack of inventory to match the demand. For those who can afford to make the jump from renter to homeowner, it seems...

While the recent rental trend has been consistent spikes in rent, it appears the tide might finally be turning. According to Zillow, rents grew an annual 4.5 percent in October, which was down from 5.3 percent in September. This is also a significant decrease from their reported high of 6.6 percent in July. This data...

For the average renter, finding an apartment with a reasonable commute to work, space and relatively low costs can be a real challenge. This is especially true in urban areas or those experiencing an economic boom. As rents continue to rise in face of increasing demand and limited supply, it seems as if affordable...

For many renters, saving a down payment is truly one of the greatest obstacles to making the move to home ownership. As rent payments continue to go up in response to low inventories and high demand, renters find themselves unable to meet their savings goals and still accommodate a growing family or other goals. Thus,...

While the number of foreclosures and delinquencies has been on a downward slide, particularly compared to a year ago, affordability in the housing market remains elusive. Home prices have been on the rise. In areas of high demand, these increases are quickly removing the affordability component for both renters and...