Musings & Ramblings | Great NoCo Homes

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

by douglindstrom | Nov 16, 2018 | Musings & Ramblings

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice...

Wage Increases Make Home Buying More Affordable

by douglindstrom | Nov 15, 2018 | Musings & Ramblings

Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is for them to...

Home Sellers in Q3 Netted $61K at Resale

by douglindstrom | Nov 14, 2018 | Musings & Ramblings

According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007 and...

Are Homeowners Renovating to Sell or to Stay?

by douglindstrom | Nov 13, 2018 | Musings & Ramblings

Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the...

How to Honor a Veteran Today and Everyday

by douglindstrom | Nov 12, 2018 | Musings & Ramblings

One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then, later...