Dominique Dalia-Rudolph

Posts with tag 'Renting Vs. Buying'

Dominique Dalia-Rudolph Blog

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Buy a home | 61 Posts
Homeownership | 77 Posts
Housing Market | 2 Posts
Huntington, NY | 1 Posts
Long Island | 133 Posts
Nassau County | 1 Posts
Relocating | 1 Posts
Sell a home | 32 Posts
Uncategorized | 2 Posts
May
4

Consumers and the pucblic alike are wondering what will happen with home valuesin the coming years. Some people are concerned that the recent increase in home prices will lead to a situation similar to the housing crash 15 years ago.

Experts say, however, that the market is very different today. Odeta Kushi, Deputy Chief Economist at First American, recently to took to twitter on this issue:

". . . We do need price appreciation to slow today (it's not sustainable over the long run) but high price growth today is supported by fundamentals- short supply, lower rates & demographic demand. And we are in a much different & safer space: better credit quality, low...

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April
6

There is no denying the multiple financial benefits of homeownership, but often overlooked are the sense(s) of security, gratitude, comfort, and pride, gratitude, we feel from homownership. The last two years, those emotions have been stronger than ever before. We as a society have lived through a time that has truly changed our needs, and who we are. As a result, owning a home has had a new meaning for majority of us.

As per the 2021 State of the American Homeowner report by Unison:

"Last year, staying home became a necessity and that caused many homeowners to have renewed gratitude for the roof over their head."

The pandemic has pushed us all to ne...

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March
23

Are you concerned about where you'll live when your lease comes to an end? Understanding the actual cost of renting in 2022 is essential before moving into a new space.

If you are currently renting, you should know rent rates have consistently increased since 1988 (refer to image below):

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