Condos vs. Houses: Which Is Better to Buy?. No matter the layout, a condo is not a house. Most condos are single-story apartments. That means the overall square footage of a two-bedroom condo might be smaller than that of a two-bedroom house. Certainly, it may feel more compact-you won’t.
But let’s face the facts here. Most of us can’t afford to buy a few single family homes as rentals while affording our own home, let alone buy a couple hundred single-family homes. This is why there has been a recent trend in home buyers purchasing duplexes or even multi-family units to live in one of the units while renting out the others.
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Couples have double the buying power of single home buyers, making buying a home easier for two-income families. But that doesn’t mean that single parents are out of luck when trying to buy a home.
At a time when a lot of young adults are postponing marriage, the number of Americans buying a house on a single income is substantial. According to the mortgage software firm ellie mae, as many.
Some first-time homebuyers struggle with whether to buy a single-family house, a condominium or a town house.. There are factors besides price and affordability that need to be considered before a.
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Silver Bay Realty Trust Corp. agreed to buy about 2,460 single-family rental homes in one of the nascent industry’s largest bulk purchases. The real estate investment trust agreed to pay $263 million.
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Record numbers of single women are becoming first-time homebuyers. Statistics from the Joint Center for Housing Studies indicate that more than one in five.
Here’s how five families make the single-income household. In addition, she rents a house and has slept on the living room.