Rent vs. Buy | Brandon Lamar

75% of Renters Have Been Misinformed

by Brandon Lamar | Nov 8, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy

Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a...

Are You Spending TOO Much on Rent?

by Brandon Lamar | Oct 30, 2018 | Down Payments, First Time Home Buyers, For Buyers, Rent vs. Buy

Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the...

Housing Is Still Affordable in the United States!

by Brandon Lamar | Oct 23, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy

Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.” If you are considering selling your current house and moving up to the home of your dreams, but are unsure whether or not to...

The True Cost of NOT Owning Your Home

by Brandon Lamar | Oct 8, 2018 | First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com reported that: “Buying remains...

Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC]

by Brandon Lamar | Oct 5, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy

Some Highlights: According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country. In six states the difference between buying & renting would account for less than a $50 monthly difference, leaving the choice up to...

Homeownership is a Dominant Gene

by Brandon Lamar | Sep 5, 2018 | First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy

There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of...