Found 2 blog entries tagged as homeowner.

Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these measurements, recent studies show that it’s still more affordable to own than rent in most of the country.

There is, however, another financial advantage to owning a home that’s often forgotten in the analysis – the wealth built through equity when you own a home.

Odeta Kushi, Deputy Chief Economist for First American, discusses this point in a recent blog post. She explains:

“Once you include…

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Unless your home was built in the last year or two, it's likely to be full of outdated features and systems. Some of those items may add to the home's charm, but many distinctly will not. Replacing the outdated with modern versions or smart technology can save you time and money.

"While not everyone is an uber-cutting-edge tech wiz, [home] buyers are more tech-savvy than ever before,” says Jared Wilk, principal at Shulkin Wlik Group.

Smart home technology is becoming more mainstream, he says, with homeowners willing and eager to operate various aspects of their homes from their smartphones, and to have systems controlled by Wi-Fi to create efficiencies.

Here’s a look at some of the things your home doesn’t need anymore—and how…

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