Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This … [Read more...]
Pending Sales down for 7th straight month
It may be hot in the nation’s neighborhoods now, but the U.S. housing market is cooling off. Signed contracts to buy existing homes fell 0.7 percent in July compared with June, according to the National Association of Realtors’ pending home sales index. The gauge was down 2.3 percent … [Read more...]
How much income do you need to Buy a Home in AZ
It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C. States in the Midwest came out on … [Read more...]
Now is the Perfect Time to Sell
It is common knowledge that a great number of homes sell during the spring-buying season here in Arizona. For that reason, many homeowners hold off on putting their homes on the market until then. The question is … [Read more...]
4 Reasons to Buy a House Today
Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educational, health, social) that far transcend any economic impact. However, we want to look at several of the financial advantages of homeownership in today’s post. 1. Buying is … [Read more...]
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