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Weighing The Pros And Cons Of Home Ownership

Weighing The Pros And Cons Of Home Ownership

Homeownership has continued to struggle for the past ten years. That saw a massive yet brief change in 2020 due to the pandemic. Because of the vast reduction in spending, interest rates were at record lows. While the gigantic homebuying wave has primarily subsided, homeownership is still at 65.6% in Q2 2021. Now potential homeowners face a challenging dilemma. Should they forego their dream of owning a home in favor of renting for cheaper? Or is it a better idea to double down and buy a house anyway? Here's an extensive comparison of the pros and cons of homeownership.
Buying a Condo vs a Buying a House, What's Right for You?

Buying a Condo vs a Buying a House, What's Right for You?

There's always stress regarding the decisions involved with home buying...and with good reason. Investing in property takes time, money, and effort, and there are numerous elements to consider.
Three Ways to Avoid Foreclosure (That Won't Tank Your Credit)

Three Ways to Avoid Foreclosure (That Won't Tank Your Credit)

Sadly, the rate of foreclosure is increasing in America. According to Statista, the foreclosure filing rate was 1.16% in the USA in 2020 as compared to 0.36% in 2019. Among the US states, Nevada is at the highest foreclosure rate with one in every 3959 houses at the foreclosure filing. This, of course, was partially due to COVID-19, despite federal aid programs.
EDITOR'S PICKS
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    David Sandhu Talks About Why We Need To Invest Back Into Our Local Communities
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  • 5 Pro Tips for Your Successful Home Refinancing
    5 Pro Tips for Your Successful Home Refinancing
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  • How Much Does It Typically Cost to Buy a House?
    How Much Does It Typically Cost to Buy a House?
    You're looking into buying a house. You're trying to save up a reasonable downpayment. But you're wondering: how much does it typically cost to buy a house?
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    How Can I Turn My Dream Into a Reality?
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  • 7 Common Real Estate Investment Errors and How to Avoid Them
    7 Common Real Estate Investment Errors and How to Avoid Them
    Investing in real estate is a great opportunity to earn passive income while you are diversifying your portfolio. However, if you are unfamiliar with real estate investments, you may find that you make real estate investment errors and lose out on your potential earnings.
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  • Go Online to Find the Ideal Checking Account
    Go Online to Find the Ideal Checking Account
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    Exclusive Features That Define A Luxury Property
    You can expand your real estate portfolio into the luxury real estate market. Luxury real estate is not considered as such only because it is expensive. It also must be exclusive, unique, and considered superior.
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  • A Quick Guide To HOA and Community Management
    A Quick Guide To HOA and Community Management
    Owning your own home is a truly wonderful accomplishment. Not only do you have a place to go and raise your family, but you also have a nice valuable property that you can use as an investment if that's something you are inclined to do.
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    How to Buy Top-Quality Gold Simplified
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  • What Is An Efficiency Apartment?
    What Is An Efficiency Apartment?
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    By Ernest Hamilton