
College Homeownership: Save Money Buying Near Campus
Buying a home near college can be more affordable than dorms, potentially saving up to $30,000 in 3 years with rental income offsetting costs. Location, property taxes, and appreciation are key.
Buying a home near college can be more affordable than dorms, potentially saving up to $30,000 in 3 years with rental income offsetting costs. Location, property taxes, and appreciation are key.
NextGen buyers face homeownership hurdles. Education is key: combat financial misinformation, build trust via accessible resources, and partner with education-first loan officers.
ARMs offer lower initial rates but carry preconceptions. Agents and lenders must educate buyers on today's safer ARMs, expanding homeownership access responsibly in a tight market. Clear safeguards and underwriting improvements mitigate risks.
Homeowners are increasingly using equity release to access property wealth, driven by concerns over estate tax changes and retirement income pressures. £665M accessed in Q1 2025.
A recent analysis of home prices, ownership rates and migration in 2024 found that homeownership has remained relatively stable over the past few years, even as affordability has worsened.