homeownership-Timing-Couldn’t-Get-Better

Homeownership Timing Couldn’t Get Better

Thomas Gilliam Blog , buying a home , first time home buyers , homeownership Leave a Comment

In the current economic climate, a lot of renters thinking homeownership is out of their reach. But if you think buying a home is out of reach, you might want to think again.  According to the National Association of Realtors’ Realtors Confidence® Index, first-time buyers accounted for 29% of all home sales from late 2016 to late 2017. That’s nearly one-third of all home sales! And there’s a reason so many people are making the transition from renting to owning… Rents are rising. According to a recent Zillow study, the median US rent is taking up 29.1% of household income, …