Millennials get a bad rep. While the internet is busy circulating speculative articles about how the millennial generation is killing off napkins and fabric softener, members of that generation are just trying to scrounge enough money to keep up with increasing housing costs.
Credit Education
25
May
May
12 Things to Think About Before Renting a Home
2018 is an exciting time to be moving. Housing markets across the country are booming and home-finder sites like Padmapper are ablaze with the prospect of the perfect rental. But leasing an apartment is no simple task; whether you’re a seasoned lease or new to the world of renting, here are 12 things to consider before crossing your t’s on dotting your i’s on your new digs.
19
Apr
Apr
Here’s How Many Hours You Need to Work to Pay Rent In These Cities
As renters across the country continue shelling out larger shares of their income to housing, rent affordability has become a hot-button issue in the U.S. But what exactly is considered affordable? The federal Department of Housing and Urban Development (HUD) considers an “affordable dwelling” as one that you can obtain for 30% or less of your income (ideally, less than 28%). On the other hand, individuals or households that devote more than 30% of their income to housing are considered to be cost-burdened.
18
Feb
Feb
10 States Predicted to Have Strong Housing Markets in 2018
The housing market in the U.S. has experienced a major uptick over the past two years. In 2016, existing home sales were the strongest they’ve been since 2006. More than a decade after the worst housing crisis in U.S. history, it seems we’re finally in a sustainable recovery period. Read More
15
Feb
Feb
The New Tax Plan’s Impact on Homeowners
The new tax plan is now officially law and as the dust continues to settle, there’s much confusion about how its provisions impact homeowners across the nation.
The plan includes a handful of changes to take note of, among them a new combined deduction limit of $10,000 for property, state and local income taxes. (Residents on the West Coast and in the Northeast where taxes are highest will be the most impacted by this change.)
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