inflation: Why you should buy a house before 2014 - 09/23/13 04:30 PM

If you've been waiting for the best time to buy a home, your wait might be over. In fact, taking a number of factors into consideration, buying a home before 2014 could save you a lot of money.
"There are several reasons why now is the time to buy," says Jim Duffy, a mortgage banker withCole Taylor Mortgage. 
Those reasons include everything from rising mortgage interest rates and home prices, to falling affordability indexes and the fear of inflation, he and other sources say. 
So we decided to dig a little deeper into what the future holds. Read on to see what we found.
Reason … (1 comments)

inflation: 5 reasons it's smarter to buy than rent - 03/29/12 04:36 AM
 
One of the biggest myths in the real estate industry is that it is cheaper to rent than to buy. In 71 percent of the cities in the U.S., owning is now currently cheaper than renting.
 
In 2011, 1.4 million new households entered the rental market due to foreclosures and demographics -- i.e., the 80 million members of Gen Y are at their prime time for starting new careers, getting married and having kids. At the same time, the number of new homes being built has dropped substantially. As a result, the demand for rental properties has skyrocketed.
 
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Christopher Pataki, Hockessin Delaware Real Estate (RE/MAX Associates) Rainmaker large

Christopher Pataki

Hockessin Delaware Real Estate

Hockessin, DE

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Address: 668 Yorklyn Road, Hockessin, DE, 19707

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