Americans Prefer Owning Over Renting

Provided By Realtor Mag
Source Fannie Mae National Housing Survey

Safety and educational quality are among the reasons why 65 percent of Americans would rather own a home than rent one, according to Fannie Mae's national housing survey.

Of those Americans, 43 percent state that safety is a primary reason to buy, and 33 percent say they think schools are better in neighborhoods where most homes are owned by their residents.

However, buyers and renters are more cautious in today’s economic climate than in the past, according to the survey, with 23 percent of renters reporting that they will buy a home but later than they once thought.

A full 70 percent of respondents believe buying a home is one of the safest investments available, but 60 percent think that it will be more difficult for them to secure a mortgage than it was for their parents.

Are you interested in owning a home or getting a home loan? Please contact us at 214-417-4455 or email us at Real Estate Magician .NET

Affordable Mortgage Solutions for a changing Market

TEXAS - As credit standards tighten and financial markets struggle to find the bottom, home buyers' ability to get an affordable mortgage has never been a more critical component in the real estate transaction. With consumer confidence at an all-time low it's become vital that Realtor's stay apprised as to what lending options are still available for their clients.

Let's face it, unless your buyers can get financing, you waste your time and theirs in helping them find the perfect home.

As a listing salesperson, you lose valuable selling time on the market while a buyer negotiates with a lender, only to have the loan fall through.

Though the entire mortgage landscape has changed, there are still many options to help consumers purchase a new home. To learn about mortgage products, just click Texas Realty Mortgages.


Carlos Salinas
"Real Estate Magician"