Copyright © 2018 All Rights Reserved
I am excited to help you in your search of homes for sale in the neighborhoods of Bergen County including: Fair Lawn, Franklin Lakes, Glen Rock, Haledon, Hawthorne, Ho-Ho-Kus, Mahwah, Midland Park, North Haledon, Oakland, Ramsey, Ridgewood, Saddle River, Waldwick, and Wyckoff
If your home is currently listed with a real estate broker, this message is not intended to be a solicitation of the listing. Each Keller Williams franchised office is independently owned and operated. Keller Williams is a federally registered trademark owned by Keller Williams . All other trademarks are the property of their respective owners. REALTOR is a federally registered collective membership mark which identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS and subscribes to its strict Code Of Ethics. Any information or tools on the web site are provided for educational and illustrative purposes only. The accuracy of the calculations and their applicability to your circumstances are not guaranteed. For personal advice regarding your financial situation, please consult with a financial advisor.
Keller Williams Town Life 25 Washington St, Tenafly, NJ 07670 Main Office Phone 201-894-8004 Fax 201-399-7669
Get The “Seller’s Unfair Advantage” Call 201-774-3216
When It’s Time To Make Your Move...

Buying A Home Is Now 38% Cheaper Than Renting!

“This is a great article from Forbes magazine. This is exactly what is happening in Bergen County!”

Is renting or buying a better financial bet? Every six months, Trulia’s chief economist Jed Kolko runs the numbers to answer that

question and help you stay on top of the trends. So what does Trulia’s Winter 2014 Rent vs. Buy Report tell us? Although the gap

between renting and buying is narrowing across the U.S., homeownership is still 38% cheaper than renting.

Homeownership remains cheaper than renting nationally and in all of the 100 largest metro areas according to Trulia ’s latest Winter

Rent vs. Buy report. Rising mortgage rates and home prices have narrowed the gap over the past year, though rates have recently

dropped and price gains are slowing. Now, at a 30-year fixed rate of 4.5%, buying is 38% cheaper than renting nationally, versus being

44% cheaper one year ago.

The rent versus buy math is different in each local market. Buying ranges from being just 5% cheaper than renting in Honolulu to being

66% cheaper than renting in Detroit. But even for a specific market, the cost of buying versus renting depends on how much home

prices rise (or fall) after you buy. Our model assumes conservative home price appreciation, but – as we all know after the last decade

– home prices can unexpectedly rocket or plummet.

Buying Beats Renting Until Mortgage Rates Hit 10.6%

Even though prices increased sharply in many markets over the past year, low mortgage rates have kept homeownership from

becoming more expensive than renting. Also, in some markets, like San Francisco and Seattle, rents have risen sharply; rising rents

hurt affordability relative to incomes, but rising rents make buying look cheaper in comparison.

Will renting become cheaper than buying soon? Some markets might tip in favor of renting this year as prices continue to rise faster

than rents and if – as most economists expect – mortgage rates rise, due both to the strengthening economy and Fed tapering. For

each metro, we identified the mortgage rate “tipping point” at which renting becomes cheaper than buying, given current prices and

rents. If rates rise, Honolulu would become the first metro to tip, at a mortgage rate of 5.0%. San Jose and San Francisco would also

tip before rates reach 6%. But those are the extreme markets. Nationally, rates would have to rise to 10.6% for renting to be cheaper

than buying – and rates haven’t been that high since 1989.

“This is what will drive prices higher, so it will become important to act as soon as possible and take advantage of the appreciation!” Call me and we can make a plan for you to own your home! 201-774-3216 You can see the complete article at http://www.forbes.com/sites/trulia/2014/03/05/buying-a-home-is-now-38-cheaper-than-renting/

Why Me, Why Now?

You can't afford to buy or sell a new home without the factual market information. In today's housing marketing, you need all the certainty you can get. You deserve that. I strive to give you answers at every level… On your neighborhood, Competitive alternatives Seller and buyer motivations. The most powerful tool of its kind is the best market intelligence provided by the largest and best marketing network. Weichert, Realtors and the power of the best negotiator on your side. Know First, Know Faster and Know when you need it most… Have A Market Advantage with Stephanie Whether you are looking to buy or sell, you deserve someone you can trust and rely on for a smooth and well executed transaction every step of the way.

Why Rent When You Can Buy?

The Knight Advantage 1. If You want to get the most buying power with an action plan to build your financial future... 2. If You want to negotiate from a position of strength... 3. If You want to obtain the true value of your purchasing power... 4. If You want to work with the best marketing knowledge for a strategic advantage... Then YOU need The Knight Advantage... Call Stephanie now... 201-774-3216
As Seen On Amazon Expect more... Experience more... With experience you can trust! The right move can change history. The Right Realtor can help you shape the future.
Before you make your next move…
Call Stephanie Now...201-774-3216
Copyright © 2018 All Rights Reserved
I am excited to help you in your search of homes for sale in the neighborhoods of Bergen County including: Fair Lawn, Franklin Lakes, Glen Rock, Haledon, Hawthorne, Ho-Ho-Kus, Mahwah, Midland Park, North Haledon, Oakland, Ramsey, Ridgewood, Saddle River, Waldwick, and Wyckoff
If your home is currently listed with a real estate broker, this message is not intended to be a solicitation of the listing. Each Keller Williams franchised office is independently owned and operated. Keller Williams is a federally registered trademark owned by Keller Williams. All other trademarks are the property of their respective owners. REALTOR is a federally registered collective membership mark which identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS and subscribes to its strict Code Of Ethics. Any information or tools on the web site are provided for educational and illustrative purposes only. The accuracy of the calculations and their applicability to your circumstances are not guaranteed. For personal advice regarding your financial situation, please consult with a financial advisor.
Keller Williams Town Life 25 Washington St, Tenafly, NJ 07670 Main Office Phone 201-894-8004 Office Fax 201-399-7669
Get The “Seller’s Unfair Advantage” Call 201-774-3216
When It’s Time To Make Your Move...

Buying A Home Is Now 38%

Cheaper Than Renting!

“This is a great article from Forbes

magazine. This is exactly what is happening

in Bergen County!”

Is renting or buying a better financial bet? Every six months,

Trulia’s chief economist Jed Kolko runs the numbers to

answer that question and help you stay on top of the trends.

So what does Trulia’s Winter 2014 Rent vs. Buy Report tell

us? Although the gap between renting and buying is

narrowing across the U.S., homeownership is still 38%

cheaper than renting.

Homeownership remains cheaper than renting nationally

and in all of the 100 largest metro areas according to Trulia

’s latest Winter Rent vs. Buy report. Rising mortgage rates

and home prices have narrowed the gap over the past year,

though rates have recently dropped and price gains are

slowing. Now, at a 30-year fixed rate of 4.5%, buying is 38%

cheaper than renting nationally, versus being 44% cheaper

one year ago.

The rent versus buy math is different in each local market.

Buying ranges from being just 5% cheaper than renting in

Honolulu to being 66% cheaper than renting in Detroit. But

even for a specific market, the cost of buying versus renting

depends on how much home prices rise (or fall) after you

buy. Our model assumes conservative home price

appreciation, but – as we all know after the last decade –

home prices can unexpectedly rocket or plummet.

Buying Beats Renting Until Mortgage Rates Hit 10.6%

Even though prices increased sharply in many markets over

the past year, low mortgage rates have kept homeownership

from becoming more expensive than renting. Also, in some

markets, like San Francisco and Seattle, rents have risen

sharply; rising rents hurt affordability relative to incomes, but

rising rents make buying look cheaper in comparison.

Will renting become cheaper than buying soon? Some

markets might tip in favor of renting this year as prices

continue to rise faster than rents and if – as most

economists expect – mortgage rates rise, due both to the

strengthening economy and Fed tapering. For each metro,

we identified the mortgage rate “tipping point” at which

renting becomes cheaper than buying, given current prices

and rents. If rates rise, Honolulu would become the first

metro to tip, at a mortgage rate of 5.0%. San Jose and San

Francisco would also tip before rates reach 6%. But those

are the extreme markets. Nationally, rates would have to

rise to 10.6% for renting to be cheaper than buying – and

rates haven’t been that high since 1989.

“This is what will drive prices higher, so it will become important to act as soon as possible and take advantage of the appreciation!” Call me and we can make a plan for you to own your home! 201-774-3216 You can see the complete article at http://www.forbes.com/sites/trulia/2014/03/05/buying-a-home-is-now- 38-cheaper-than-renting/

Why Me, Why Now?

You can't afford to buy or sell a new home without the factual market information. In today's housing marketing, you need all the certainty you can get. You deserve that. I strive to give you answers at every level… On your neighborhood, Competitive alternatives Seller and buyer motivations. The most powerful tool of its kind is the best market intelligence provided by the largest and best marketing network. Weichert, Realtors and the power of the best negotiator on your side. Know First, Know Faster and Know when you need it most… Have A Market Advantage with Stephanie Whether you are looking to buy or sell, you deserve someone you can trust and rely on for a smooth and well executed transaction every step of the way.

Why Rent When

You Can Buy?

The Knight Advantage 1. If You want to get the most buying power with an action plan to build your financial future... 2. If You want to negotiate from a position of strength... 3. If You want to obtain the true value of your purchasing power... 4. If You want to work with the best marketing knowledge for a strategic advantage... Then YOU need The Knight Advantage... Call Stephanie now... 201-774-3216
As Seen On Amazon Expect more... Experience more... With experience you can trust! The right move can change history. The Right Realtor can help you shape the future.
Before you make your next move…
Call Stephanie Now...
201-774-3216 201-774-3216