When it Comes to building wealth, the American single-family home is the gold standard of investments. Not only is a home a place to live, but it is ...
Read More »Homebuyers Might Overlook This Potential Advantage to Renting
With home prices continuing to soar in many markets, there’s a lot to consider when consumers decide whether to buy a home or stick with the rental market. A new report, however, highlights potential financial incentives to renting that many might not have considered.
Read More »Up, Up, and Away Goes Home Equity
The amount of equity in U.S. homes has more than doubled in in the last five years—and if price appreciation forecasts come to pass, there is more to come.
Read More »Fed Reserve: Q1 Household Wealth Up to $84.9 Trillion
Increases in home prices and the stock market pushed household wealth to nearly 85 trillion for the first quarter of 2015, according to the Federal Reserve’s Statistical Release titled “Financial Accounts of the United States” released today. The net worth of households and nonprofits rose increased by $1.63 trillion to $84.9 trillion during the first quarter of 2015. Meanwhile, the value of directly and indirectly held corporate equities increased $487 billion and home values rose $503 billion.
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