Tag Archives: Renting

Home Ownership Enriches Family


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As a mother of 3 beautiful and talented children, I’m always looking for ways to enrich and foster the lives of my children and to enlighten myself as a parent so I’m always researching and reading. During my reading time I ran across some information about children and home ownership that I wanted to share since I am a mother, real estate agent, and homeowner.

While this information isn’t necessarily my personal opinion, I found it interesting to share so take from it what you will. I believe that whether you rent, own, or live in a box, great parenting and communications skills (and other factors) greatly affect our children’s future as well. However, when you have to decide whether or not which route to take – renting or owning – consider the enrichment of home ownership.

There are so many positive attributes that home ownership has on family, especially children. Not only does a home provide safety, security, and meets our basic need of shelter, but studies (one in particular by Donald Haurin – Retired Research Scientist from Ohio State University) show that home ownership increases the likelihood of children obtaining higher levels of education, improved self-esteem and confidence, and lower teen pregnancy rates.

The living environment of the home played a key factor in this conclusion. The results were measured by a survey given to a group of parents. Homes usually have better quality lighting, more educational materials available (a variety of magazines and books), structured family activities, a well-organized play room, a study, etc. Not only did these improved benefits affect children, but also homeowners have more stability and live in homes longer than rentals or other living arrangements. This stability allows for children to stay in the same schools longer and to build strong community relationships.

BOTTOM LINE

Owning your own home (coupled with other factors) adds value to your family and the future of your children. Choose wisely when thinking about whether buying or renting is the best option. It’s a fact that no one knows your situation better than you. No matter where you live (if you’re unable to own a home), make sure your living environment secures and enriches the child.

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Simply Thankful


Real Estate

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It feels wonderful to be back blogging again. I’ve been on hiatus from a very busy year, in which I’m simply thankful for, and I haven’t had the time to post.

It has been a very prosperous year for  my clients.  My sellers have been able to have their home values preserved, buyers have been enjoying low rates and lots of inventory, and I’ve been active in quite a few bidding wars and multiple offers.

It’s great to report that business has been good, homes have been selling, and buyers have been buying.  For this and so many other things, I am truly grateful.

Even with the approach of the holiday season, the real estate market in Raleigh, NC and surrounding areas  remain promising and steady.  Home values are increasing, rates are still at an all-time low, inventory is shrinking, and the cost to rent is climbing.

Yep!  I’ve decided that my hiatus is over.  Even though things have picked up for me tremendously,  I need to get back to sharing my experiences as a  professional real estate agent, licensed in the state of NC who works deep in trenches, with all who will listen.  Please feel free to visit my website!


NOW is the Time to Buy a Home!


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Now is the perfect time to buy a home!  Inventory is still high and rates are still low.  Buying a home is the American Dream, and it’s the right time to wake up and speak with a financial specialist and a professional real estate agent, me.  I also have terrific mortgage partners, if you don’t have one.  🙂

Naysayers Agree.. Buy Now!

Here’s a great article from The KCM Crew and their blog post, entitled “Even the Naysayers are Saying to Buy Now!”  Read what they blogged below:

Rent or Own?

Business School professors Eli Beracha of East Carolina University and Ken H. Johnson of Florida International University have done extensive research on which makes more sense financially: to rent or own a home. They published, Lessons from Over 30 Years of Buy versus Rent Decisions: Is the American Dream Always Wise?  In their paper, the professors do not dispute the social benefits of homeownership:

“Home ownership is touted as the “American Dream”. It is credited with enhancing wealth, increasing civic pride, improving self-esteem, crime prevention, child development, and better educational outcomes, among other benefits. This paper does not dispute any of these claims.”

What the professors were proposing is that homeownership is not a better investment strategy than renting. The first of the two major findings was:

“After setting the holding period to the average American’s tenure in a residence, renting (not buying) proves to be the superior investment strategy over most of the study period… Individuals, on average, were better off in economic terms to have rented for most of the years in the study period. This first result is strongly dependent upon fiscally disciplined individuals that, without fail, reinvest any residual savings from renting.”

Historically, people do not actually reinvest savings “without fail”.  Check here for the findings of a recent study from The Joint Center for Housing Studies at Harvard.

The second major finding says it all. According to both professors Beracha and Johnson, NOW IS THE TIME TO BUY!

“(F)undamental drivers now appear to be in place that favor homeownership over renting in the near term future…

The second finding might seem unwise to many given the recent crash in the real estate markets around the country. However, rent-to-price ratios now seem to be in place along with other fundamental drivers that favor ownership over renting.”

They conclude their research paper with this sentence:

“Conditions (historically low mortgage rates and relatively low rent-to-price ratios) now seem in place to favor future purchases.”

Bottom Line

Two researchers set out to prove that homeownership is not a good financial decision. After completing that research, they have determined that now is the time to buy. What more needs to be said?


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