Post Tagged with: "homeownership costs"

Is It Too Late to Buy Your First Home? Not Even Close.

Is It Too Late to Buy Your First Home? Not Even Close.

Buying your first home doesn’t look anything like it did 30 years ago.  The average first-time buyer in 2024 is 38 years old. Compare that to 33 in 2020 and 31 between 1993 and 2018. So if you’re renting in your 30s or 40s, it’s easy to wonder: Did I miss my window? The short answer is not at all.  In fact, you’re right on time—and there are solid financial and personal reasons for that. […]

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Thinking About Buying a Home? Read This First!

Thinking About Buying a Home? Read This First!

The decision to buy or rent isn’t just about today’s costs—it’s about your future plans, financial stability, and lifestyle goals.  According to ATTOM’s 2025 Rental Affordability Report, in most U.S. markets, homeownership costs less of a person’s wages than renting a comparable property. But does that mean buying is always the right choice? Not necessarily. In this guide, we’ll break down what the data says, when buying makes sense, when renting is the better option, […]

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How to Budget for Home Repairs and Avoid Unexpected Costs

How to Budget for Home Repairs and Avoid Unexpected Costs

What if I told you that, over 30 years, the average homeowner will spend over $180,000 on repairs and maintenance? Sounds crazy, right? But when you break it down, it’s simple math: Homeowners spend an average of $6,087 per year on unexpected fixes, according to a recent survey conducted by Real Estate Witch. That’s more than most people’s annual property taxes or homeowners insurance. From HVAC failures to foundation cracks, home repairs aren’t just expensive—they’re […]

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