Aaron Boone & Associates

A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. 41% of respondents say they’d rather own a home than rent because of the unique way homeownership builds wealth over time. And experts agree the home you own is an important tool for building your net worth. According to the National Association of Realtors (NAR), Homeowners who purchased a typical single-family existing-home 30 years ago ...at the median sales price of $103,333 with a 10% down payment loan and who sold the property at the median sales price of $357,700 in 2021 Q2 accumulated housing wealth of $349,258, . . . Mark Fleming, Chief Economist at First American, points out that a home is truly a one-of-a-kind asset. The major financial advantage of homeownership is the accumulation of equity... #expertanswers #stayinformed #staycurrent When It Comes To Buying Or Selling A Home Remember Aaron B Sells!

If you’re a homeowner who wants more from their current house, you have two options: renovate your current house or buy a home that already has the spaces you desire. The decision you make could be determined by factors like: >>A possible desire to relocate >>The difference in the cost of a renovation versus a purchase >>Finding an existing home or designing a new home that has exactly what you want (versus trying to restructure the layout of your current house)... In either case, you’ll need access to capital: the funds for the renovation or the down payment your next home would require. The great news is that the money you need probably already exists in your current home in the form of equity. The record-setting increases in home prices over the last two years dramatically improved homeowners’ equity. As a homeowner, the money you need to... #expertanswers #stayinformed #staycurrent When It Comes To Buying Or Selling A Home Remember Aaron B Sells!

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out, rest assured today’s mortgage rates are still worth taking advantage of. Even today, our mortgage rates are below what they’ve been in recent decades. So, while y...ou may not be able to lock in the rate your friend got recently, you’re still in a great position to secure a rate well below what your parents and even grandparents got in years past. The key will be acting sooner rather than later. In late September, mortgage rates ticked above 3% for the first time in months. And according to experts throughout the industry... #expertanswers #purchasingpower #buyingpower When It Comes To Buying Or Selling A Home Remember Aaron B Sells!

If the time it takes to sell your house is holding you back, don’t worry. In today’s market, houses are selling in an average of just 17 days according to the National Association of Realtors. That’s great news for sellers hoping for a fast transaction. DM me today if you’re ready to make a move. #realestatenews #expertanswers #stayinformed #staycurrent When It Comes To Buying Or Selling A Home Remember Aaron B Sells!