U.S. homeowners and renters have positive views about homeownership and the financial and non-financial benefits it provides, according to a new NAR survey conducted by Harris Interactive. A large majority of homeowners (87 percent) and 64 percent of renters agree or strongly agree that owning a home provides a healthy and stable environment for raising a family. More than three-fourths of homeowners (77 percent) and 55 percent of renters believe homeownership helps them meet long-term financial goals, while 70 percent of homeowners and 48 percent of renters believe it helps them realize the American Dream.
Nearly all homeowners (95 percent) and 72 percent of renters say that over a period of years, it makes more sense to own a home than rent. If they had to move in the next six months, 82 percent of homeowners and 50 percent of renters say they would prefer to buy a house. A majority of current homeowners (88 percent) say their ownership experience has been positive or very positive, while only 51 percent of renters have had positive experiences with renting.
More than six out of 10 renters say they are at least somewhat likely to purchase a home in the future, and 24 percent are extremely likely to do so. Nearly three-fourths of young adult renters (74 percent) say they are likely to buy a home sometime in the future, while 43 percent of renters plan to purchase a home in the next three to five years. Many renters cite several obstacles to homeownership, however, including having enough money for a down payment and closing costs, finding a home that is affordable and job security. ---------------------- Since home prices in the Tri-City area have leveled and now experiencing an "average" market. Some homes sell fast and others take some time. Therefore, now is a great time to put your home on the market if you have considered selling - before everyone else starts putting their homes on the market. And If you are a buyer, the obvious reasons you would want to buy now are still: 1) Interest rates are gradually on the rise and you want to lock in the low rates. 2) Prices have leveled off. 3) When you own vs rent a home there are many tax advantages. Therefore, whether you are in the market to purchase a home or sell your home, the best time to do so is always now! Put me experience to work for you. Helping buyers & sellers since 1985. ----------------------------- Updated blogs and information on my web site. Contact me today. 510-794-9006. Check out my new (real time) Video Real Estate Update: http://realtytimes.com/REUv/BrianRipp
ZIP Code: 94538 Approximate Location Boundaries: Fremont, Newark, Union City, Hayward, Milpitas
Location Characteristics: voted "All American City" for both Fremont & Union City. Visit my website to see why the San Francisco Bay Area is the best place to live. Check out my new (real time) Video Real Estate Update: http://realtytimes.com/REUv/BrianRipp
About Brian Ripp:
As a Real Estate professional since 1985, I have the education & expertise to guide you through the home buying or selling process. I'll help you get the best price for your home. I stay informed of the changes in today's market, so you can feel completely confident that I can offer you every advantage. I have been an active force in the real estate industry. I am a consistent high achiever, winning awards locally and nationally. I specialize in customer satisfaction. I treat every client like they are my number one priority-and they are. Call me or visit my web site anytime. www.BrianRipp.com 510-794-9006 Broker, CRS, GRI
EDUCATION
Associate in Arts in Business Management - 1985 Real Estate Sales License - 1985 Real Estate Brokers License- 1989 REALTY WORLD Management Program - 1989 Fairfax, VA R.E.O. and Corporate Relocation-1992 Pleasanton, CA Graduate, Realtor’s Institute of California-1993 Certified Residential Specialist- 1996 Member, Residential Sales Council-1996
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