Lincoln Square Insider
Thursday, January 31, 2013
What Do Gen Y's Want? Financially Smarter to Be Homeowners or Renters?
Generation Y or Ehco Boomers are the children of the baby boomers and older Generation X's. In their twenties and early thirties, they are faced with the decision of whether to buy houses or just rent. Many are living with their parents to save money. Many Gen Y's live the Lincoln Square area and more will be moving here in the next few years. Here is what a recent survey tells us about their thoughts on homeownership.
Wednesday, January 30, 2013
Tuesday, January 29, 2013
Monday, January 28, 2013
Buy Now or Wait? Save Now or Pay Later!
With prices and interest rates rising in and around Lincoln Square, how is it going to effect the cost of buying a home? Here is an example of the cost of buying now over waiting to end of the year. In the example there is a 14% increase in cost by waiting.
Friday, January 25, 2013
Mortgage Rates Are Expected to Creep Up!
With home prices in Lincoln Square on the rise, it appears mortgage interest rates will climb also.
Thursday, January 24, 2013
Buyers Feel Prices Are On The Rise.
If you are a buyer what do you think? Will prices be going up? If so, maybe now is the time to act. Lincoln Square single family home prices went up over 6% last year.
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