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Showing posts from December, 2013

Household Formations Projected to Surge!

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By KCM Crew If you are considering Relocating to Colorado Springs , Purchasing a Home for Sale in Colorado Springs , considering  Selling a Home in Colorado Springs , or want more information on the Colorado Springs Real Estate Market , Contact your  Colorado Springs Real Estate Expert , Mike MacGuire Today! Click Here to Check out my informational video if you are considering Selling a Home in Colorado Springs . Click Here to Check out my informational video if you are considering Purchasing a Home for Sale in Colorado Springs . Click Here to check out what my clients are saying about my services.

Harvard: 5 Financial Reasons to Buy a Home

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By: The KCM Crew Eric Belsky is Managing Director of the Joint Center of Housing Studies at Harvard University. He also currently serves on the editorial board of the Journal of Housing Research and Housing Policy Debate. This year he released a new paper on homeownership - The Dream Lives On: the Future of Homeownership in America . In his paper, Belsky reveals five financial reasons people should consider buying a home. Here are the five reasons, each followed by an excerpt from the study: 1.) Housing is typically the one leveraged investment available.  “Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down payment results in a leverage factor of five so that every percentage point rise in the value of the home is a 5 percent return on their equity. With