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The Louisville Real Estate Blog

Buying a Home

New Study: Homeownership Creates Family Wealth

New Study: Homeownership Creates Family Wealth

New Study: Homeownership Creates Family Wealth | Keeping Current Matters

Matthew Rognlie, from the Department of Economics at MIT, recently released a paper: Deciphering the Fall and Rise in the Net Capital Share. One of the major findings of the report is that homeownership is and has...

NAR’s Existing Sales Report

NAR’s Existing Home Sales Report [INFOGRAPHIC]

NAR'S Existing Home Sales Report [INFOGRAPHIC] | Keeping Current Matters

Some Highlights of the Report:

  • Existing Home Sales are up 4.7% from sales last year, and up 1.2% month-over-month...

Housing Inventory Slowly Disappearing

Housing Inventory Slowly Disappearing

Housing Inventory Slowly Disappearing | Keeping Current Matters

The price of any item is determined by the supply of that item, and the market demand. The National...

Baby Boomers: Home Is Where The Heart Is

Baby Boomers: Home Is Where The Heart Is

Baby Boomers Find Freedom in Housing | Keeping Current Matters

Within the next five years, Baby Boomers are projected to have the largest household growth...

Home Prices Over 30 Years [INFOGRAPHIC]

Home Prices Over 30 Years [INFOGRAPHIC]

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Billionaire Says Real Estate is Best Investment Possible

Billionaire Says Real Estate is Best Investment Possible

Billionaire Says Real Estate is Best Investment Possible | Keeping Current Matters

Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated:...

Don’t Get Caught in the ‘Renter’s Trap’

Don’t Get Caught in the ‘Renter’s Trap’

Don’t Get Caught in the ‘Renter’s Trap’ | Keeping Current Matters

There are many benefits to homeownership,...

Don’t Let Your “Luck” Run Out

Don’t Let Your “Luck” Run Out

...

Homeownership is the “American Dream” for a Reason

Homeownership is the “American Dream” for a Reason

Homeownership is the “American Dream” for a Reason | Keeping Current Matters

There has been some who have been voicing doubt as to whether or not the younger generations still consider buying a home as being part of the “American Dream”. A recent ...

Is the Housing Market Back? Ask Lowes & Home Depot!

Is the Housing Market Back? Ask Lowes & Home Depot!

Is the Housing Market Back? Ask Lowes & Home Depot! | Keeping Current Matters

A recent Bloomberg Business article ...

Where Are Mortgage Rates Headed?

Where Are Mortgage Rates Headed?

Where Are Mortgage Rates Headed? | Keeping Current Matters

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at...

Are House Prices Beginning to Accelerate Again?

Are House Prices Beginning to Accelerate Again?

Are House Prices Beginning to Accelerate Again? | Keeping Current Matters

In a recent post, we explained that the supply of homes for sale in December was at its lowest level in over a year. The ...

Thinking of Buying? What are you waiting for?

Thinking of Buying? What are you waiting for?

Thinking of Buying? What are you waiting for? | Keeping Current Matters...

The Truth About US Homeownership Rates [INFOGRAPHIC]

The Truth About US Homeownership Rates [INFOGRAPHIC]

The Truth About US Homeownership Rates | Keeping Current Matters

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Homeownership Rates: Are they Crashing?

Homeownership Rates: Are they Crashing?

Homeownership Rates: Are They Crashing? | Keeping Current Matters

The Census recently released their 2014 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership.

Easy… Chicken Little

The national homeownership rate peaked in 2004, representing a 69.2% of Americans who bought vs. rented their primary residence. Many have noticed a decline in rate since then and taken that as a bad sign.

However, if you look at the national rate over the last 30 years (1984-2014), you can see that the current homeownership rate has returned closer to the historic norm. 2014 ended the year with a rate of 64% just under the rate in 1985 and 1995.

Homeownership Rates Historically | Keeping Current Matters

Bottom Line...

5 Reasons to Love Using a Real Estate Professional [INFOGRAPHIC]

5 Reasons to Love Using a Real Estate Professional [INFOGRAPHIC]

5 Reasons to Love Using a Real Estate Professional [INFOGRAPHIC] | Keeping Current Matters

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Either Way, You’re Paying a Mortgage

Either Way, You’re Paying a Mortgage

Either Way, You're Paying A Mortgage | Keeping Current Matters

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord’s.

As a paper from the Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as...

Consumer Confidence at Highest Level in Over a Decade

Consumer Confidence at Highest Level in Over a Decade

Consumer Confidence at Highest Level in Over a Decade | Keeping Current Matters

Two recently released reports reveal that the American public is starting to feel much better about the U.S. economy. The University of Michigan’s Surveys of Consumers showed that:

“Consumer optimism reached the highest level in the past decade in the January 2015 survey…Consumers judged prospects for the national economy as the best in a decade, with half of all consumers expecting the economic expansion will continue for another five years. The anticipated strength in the overall economy has been accompanied by more favorable income and employment expectations.”

Here is a chart showing results over the last decade:

Consumer Optimism | Keeping Current Matters...

Net Worth: A Homeowner’s is 36x Greater Than A Renter!

Net Worth: A Homeowner’s is 36x Greater Than A Renter!

Net Worth: A Homeowner's is 36x Greater than a Renters! | Keeping Current Matters

Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth.

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups.

Some of the findings revealed in their report:

  • The average...

Moving Across America [INFOGRAPHIC]

Moving Across America [INFOGRAPHIC]

Moving Across America [INFOGRAPHIC] | Keeping Current Matters


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