Buying is Now 37.7% Cheaper Than Renting in the US 現在在美國購屋比租屋便宜了37.7%

Buying is Now 37.7% Cheaper Than Renting in the US

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.


The updated numbers actually show that the range is an average of 17.4% less expensive in Honolulu (HI), all the way up to 53.2% less expensive in Miami & West Palm Beach (FL), and 37.7% nationwide!


Other interesting findings in the report include:


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Sales of Distressed Properties Hit New Low 困厄房地產的銷售額達到新低

Sales of Distressed Properties Hit New Low

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking distressed sales in October 2008.


Below is a graph that shows just how far the market has come since January 2012 when distressed sales accounted for 35% of all sales.

下圖顯示了自2012年1月困厄銷售高達35%以來市場的走向。 (more…)

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7 Graphs That Show the Real Estate Market Is Back! [INFOGRAPHIC] 七個顯示房地產市場回來了的圖表

7 Graphs That Show the Real Estate Market Is Back! [INFOGRAPHIC]

Some Highlights:

  • Distressed property sales fell to its lowest number since NAR began tracking it in 2008.
  • As you can see, with less distressed properties, sales are up in all price ranges except the $0 – $100K price range.
    正如您所看到的,剔除了不良房地產,除了$0 – $10萬價格範圍的房屋以外,其他所有價格範圍的房價均上漲。
  • Interest rates are still at historic lows, signifying that now is the right time to buy!
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[Fullerton] Rutabegorz


My sister came to visit.
Since she’s vegetarian, we tried to find a vegetarian-friendly restaurant for dinner.
Rutabegorz has rave reviews on Yelp.
We had high hope, but left very disappointed.

這家餐廳在Yelp上評價很高分,所以我們滿懷希望的來,但卻非常失望。 (more…)

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The ‘Great News’ About Rising Prices 房價上漲的“好消息”

The ‘Great News’ About Rising Prices

Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise.


The great news about rising prices, however, is that according to CoreLogic’s latest US Economic Outlook, the average American household gained over $11,000 in equity over the course of the last year, largely due to home value increases.


The map below was created from CoreLogic’s report and shows the average equity gain per mortgaged home from June 2015 to June 2016 (the latest data available).

下圖是根據CoreLogic的報告,顯示了2015年6月至2016年6月的平均抵押資產收益(最新數據)。 (more…)

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Starting to Look for a Home? Know What You WANT vs. What You NEED 開始尋找房屋?您想要什麼 vs. 您需要什麼

Starting to Look for a Home? Know What You WANT vs. What You NEED

In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search.


If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d LOVE to have in your new home. Many new homebuyers fantasize about the amenities that they see on television or Pinterest, and start looking at the countless homes listed for sale with rose-colored glasses.


Do you really need that farmhouse sink in the kitchen in order to be happy with your home choice? Would a two-car garage be a convenience or a necessity? Could the man cave of your dreams be a future renovation project instead of a make or break now?

您真的需要廚房大型水槽才會對這棟房屋滿意嗎?兩輛車的車庫只是方便還是必要的?是否您夢想中的男主人特有區可能是個未來可改建的項目,而不是現在就踩住煞車的條件? (more…)

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How Historically Low Interest Rates Increase Your Purchasing Power 歷史性低利率提高了您的購屋能力

How Historically Low Interest Rates Increase Your Purchasing Power

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low.


The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.


Purchasing power, simply put, is the amount of home you can afford buy for the budget you have available to spend. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain monthly housing budget.

購屋能力,簡單地說,也就是您能負擔得起的預算與費用。 如果您計劃每月房屋開銷有固定的預算,隨著利率的上漲,那麼您可以負擔的房屋價格會降低。 (more…)

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Don’t Disqualify Yourself… Over Half of All Loans Approved Have a FICO Score Under 750 不要取消自己的資格… 超過一半的批准房貸信用分數低於750

Don’t Disqualify Yourself… Over Half of All Loans Approved Have a FICO Score Under 750

The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market.


One such study by the Wharton School of Business at the University of Pennsylvania, revealed that many Millennials have not yet considered purchasing a home, simply because they don’t believe they can qualify for a mortgage.


The article quoted Jessica Lautz, the National Association of Realtors’ Managing Director of Survey Research, as saying that there is a significant population that does not think they will be approved for a mortgage and doesn’t even try. The article also quoted Fannie Mae CEO Tim Mayopoulos: 

該研究論文引述了全國房地產經紀人調查研究總經理Jessica Lautz說,有大量人口認為他們無法獲得房貸批准,甚至完全沒有嘗試過。文章還引用房利美執行長Tim Mayopoulos: (more…)

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Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC]

Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC]

Some Highlights:

  • Historically, the choice between renting or buying a home has been a close decision.
  • Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median priced home (15%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!
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Appraisers & Homeowners Don’t See Eye-To-Eye on Values 評估師和屋主對房價看法不同

Appraisers & Homeowners Don’t See Eye-To-Eye on Values

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.


If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the selling price when performing the appraisal for the bank.

如果價格上漲,估價師在幫銀行做房屋估價時,很難找到足夠可比較的銷售紀錄(最近在附近成交的類似房屋)。 (more…)

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