{"id":2406,"date":"2018-04-10T09:48:40","date_gmt":"2018-04-10T16:48:40","guid":{"rendered":"http:\/\/skyrisere.com\/listings\/?p=2406"},"modified":"2018-04-10T09:48:40","modified_gmt":"2018-04-10T16:48:40","slug":"housing-is-still-in-buy-territory","status":"publish","type":"post","link":"https:\/\/skyrisere.com\/listings\/2018\/04\/10\/housing-is-still-in-buy-territory\/","title":{"rendered":"Housing Is Still In Buy Territory"},"content":{"rendered":"
\n
\n

Housing Is Still In Buy Territory<\/h1>\n

\"Time<\/a><\/p>\n

According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index<\/a> , the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.<\/p>\n

The BH&J Inde<\/i>x is a quarterly report that attempts to answer the question:<\/p>\n

In today\u2019s housing market, is it better to rent or buy a home?<\/b><\/p>\n

The index examines the entire US housing market and then isolates 23 major cities for comparison. The researchers \u201cmeasure the relationship between purchasing property and building wealth through a buildup in equity versus renting a comparable property and investing in a portfolio of stocks and bonds.\u201d<\/i><\/p>\n

While 13 of the 23 metropolitan markets examined moved further into buy territory, markets like Dallas, Denver, and Houston are currently deep into rent territory. Due to a lack of inventory, the home prices in these areas have increased by 6.7%<\/a> , 6.3%<\/a> , and 5.3%<\/a> respectively from a year ago.<\/p>\n

According to Eli Beracha, Ph.D., Co-Creator<\/i> of the index, home prices will begin to return to more normal levels.<\/p>\n

\n

\u201cOur data indicates that prices are above their 40-year trend but not significantly so as they were in 2007. Rather than a crash, I anticipate slower growth in prices accompanied by longer marketing times for sellers and increasing inventories, which should bring prices back in conjunction with their 40-year trend<\/i>.\u201d<\/p>\n<\/blockquote>\n

What to do next<\/h3>\n

The majority of the country is strongly in buy territory. Buying a home makes sense socially and financially, as rents are predicted to increase substantially in the next year. Protect yourself from rising rents<\/a> by locking in your housing cost with a mortgage payment now. Call Skyrise Real Estate Group<\/i> today at 408-634-3473.<\/p>\n

 <\/div>\n

Contact Us<\/a><\/p>\n

\"SkyriseLogoLrg\"<\/a><\/p>\n

BRE: 02030533<\/p>\n<\/div>\n<\/div>\n ","protected":false},"excerpt":{"rendered":"

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