The Perks of Buying over Renting

  The Perks of Buying over Renting Thinking about buying a home? While today’s  mortgage rates  might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get  your own place . 1. Home Values Typically Go Up Over Time There’s been some confusion over the past year or so about which way  home prices  are headed. Make no mistake, nationally they’re still going up. In fact, over the long-term,  home prices  almost always go up ( see graph below ): Using  data  from the  Federal Reserve  (the Fed), you can see the overall trend is home prices have climbed steadily for the past 60 years. There was an exception during the 2008 housing crash when prices didn't follow the normal pattern, but generally, home values kept rising. This is a big reason why  buying a home  can be better than  renting . As prices go up and you pay down your mortgage, you build  equity . Over time, this growing equity can really increase your net wort

Prepare Your Ears For Millions Of Extra Cicadas In North Carolina This Spring

Uh oh, North Carolina. Parts of the state will see and hear an insurgence of cicadas later this spring and, in case you don’t remember the last time cicadas invaded the landscape, it’s expected to get very noisy in some places. Read on to learn about the explosion of cicadas in North Carolina in the coming months.

With so many species of cicada, it’s possible for a different brood to appear every year. Do you recall seeing or hearing cicadas in your neck of the state in previous years?
Original Post in onlyinyourstate.com on 3/29/2020

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