Buying your own home seems like the fulfillment of the American dream, but as housing prices are increasing, we all know that that dream will definitely cost you a hefty amount. According to an article on Economists' Outlook, the median price of homes for a single-family home sold in August 2017 is $255,500, which is a 5.6% spike from last year. Many people would resort to renting, but is that move really cheaper than buying a house?
Let’s first weigh the pros and cons of buying a house and renting one.
Take note that renting prices have also gone up and buying a house would generally be cheaper than renting in states belonging to the Northeast, South, and Midwest regions. But it's good to remember that there are multiple factors to consider other than just price.
Beyond aesthetics, driveways provide practical value that buyers appreciate.
Landscaping plays a major role in a home's appearance, value, and enjoyment.
One of the easiest ways to refresh a room is with a coat of paint.
This is the amount you pay upfront, usually a percentage of the home's purchase price.
As with the kitchen, the bathroom plays a huge role in making a good impression on home buyers.
Even if you’re not putting 20 percent down, we’re still talking about saving thousands of dollars.
Statistically, homes surrounded by offenders receive fewer and lower offers.
Do we want a move-in-ready home or a fixer-upper? Do we have time to tackle renovations?
As soon as you notice items you no longer use or enjoy, place them directly into the bag.
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