The Rise of Co-Buying: A Modern Solution to Housing Affordability Challenges
In an era where housing affordability has become increasingly challenging, co-buying has emerged as a viable solution for aspiring homeowners. With the national median home price reaching $417,700 in Q4 2023 and mortgage rates hovering around 6.8%, many potential buyers are exploring alternative paths to homeownership. This growing trend of purchasing property with friends, family […]
Renting vs. Buying: The Secret to Building Wealth in America
Deciding whether to rent or buy a home is a significant financial and lifestyle decision. While renting may feel simpler in the short term, homeownership has long been recognized as one of the most effective ways to build wealth. Recent data from the Federal Reserve’s Survey of Consumer Finances (SCF) highlights just how stark the […]