The BH&J Index is a quarterly report that attempts to answer the question:
In today’s housing market, is it better to rent or buy a home?
The index examines the entire US housing market and then isolates 23 major cities for comparison. The researchers “measure the relationship between purchasing property and building wealth through a buildup in equity versus renting a comparable property and investing in a portfolio of stocks and bonds.”
While most of the metropolitan markets examined moved further into buy territory (16 of the 23), markets like Dallas, Denver, and Houston are currently deep into rent territory. In these three markets, it is estimated that renting will top homeownership 7 out of 10 times.
Due to a lack of inventory, the home prices in the Dallas, Denver, and Houston areas have increased by11.6%,8.3%, and6.6%respectively. Home prices in these areas will begin to return to more normal levels once residents realize that renting is not the best option, therefore bringing home affordability back as well.
The majority of the country is strongly in buy territory. Buying a home makes sense socially and financially, as rents are predicted to increase substantially in the next year. Protect yourself from rising rents by locking in your housing cost with a mortgage payment now.
To Find Out More About the Study: The BH&J Index and other FAU real estate activities are sponsored by Investments Limited of Boca Raton. The BH&J Index is published quarterly and is available online at http://business.fau.edu/buyvsrent.
Author:Bonnie Lelak Phone: 404-788-2580 Dated: February 22nd 2017 Views: 15 About Bonnie: Experience with regular home sales, short sales, foreclosures, HUD homes, no down payment program ho...
Experience with regular home sales, short sales, foreclosures, HUD homes, no down payment program homes, investors who flip homes or buy rentals, commercial properties, land sales, lake front properties, and first time home buyers.
My commitment to buyers & sellers:
-Provide honest advice
-Detailed, organized & timely contract management
-Accessibility to top lenders & various vendors for your home
-Always accessible by phone & email
-Do what we say we''re going to do
-Provide highly skilled contract negotiation
-Market listings to the best of our ability, not just list it in the Multiple Listing Service
-Top Notch Double Sided Color Cardstock Flyers
- Virtual tours on YouTube to music
- Craigslist Listings
-Skilled and advanced internet marketing
- We won''t just "sell" you a home but find you a home that is a long term good decision.
- Education throughout the home buying process for first time home buyers and also investors As an agent I utilize a unique internet marketing program to offer my seller clients a competitive advantage. I maximizes internet exposure for your home through the use of aggressive marketing techniques, which enables me to sell homes fast and for top dollar.
Utilizing a unique internet marketing program to offer my seller clients a competitive advantage. I maximize internet exposure for your home through the use of aggressive marketing techniques, which enables me to sell homes fast and for top dollar.
Ultimately, trust, hard work and solid communication result in successful outcomes for both buyers and sellers. I appreciate the opportunity to be considered as your REALTOR® and will go above and beyond to ensure your real estate transaction is a positive and enjoyable experience.
Give me a call today for a friendly, no hassle consultation to discuss your Real Estate needs.
Some Highlights:Historically, the choice between renting or buying a h
"Bonnie Lelak was so professional, attentive, and very eager to help me find a home that was just perfect for my family. I recommend her to anyone looking for a home. She was very easy to contact, always got back to me immediately and really showed care and concern for my family."