HomeFundMe

Making homeownership and real estate investment accessible 🏡

[HomeFundMe @HomeFundMe]

3-4% Mortgage Rates:

Right now the national average is 7%, making the average home cost 25% more than the average monthly rent cost 🧮

Cities where it's cheaper to buy than rent have low mortgage rates around the 3-4% mark.

So, Low Mortgage Rates = Buy a House! 🏡🛒

[HomeFundMe @HomeFundMe]

To rent, or not to rent ❓
That is the question 🤔

Why homeownership is the better option and what to look out for if you're planning on buying a home 🏡

A thread🧵:

[HomeFundMe @HomeFundMe]

Buy to Rent Ratio:

Determines whether it's better to buy or rent 📊

Calculated by dividing Median House Price by Median Annual Rent

A ratio of 15 or lower will indicate buying is cheaper than renting ⚖️

A ratio of 16-20 will indicate they're approximately the same.

[HomeFundMe @HomeFundMe]

Are you planning to buy a house? 🏡
If these factors apply, it's time to buy ⏰

✅ Low Mortgage Rates
✅ Low property prices
✅ Buy to Rent Ratio score 15 or lower

These conditions require aspiring homeowners to wait for the right moment.

Sometimes they never come at all.

[HomeFundMe @HomeFundMe]

10 years ago:
3-4% Mortgage Rates
Lower house prices
Enough listings on market

Present:
7% Median Mortgage Rate
Median Home Price: $436,800
Not enough listings on the market

It's time to rethink the path to homeownership 🏡

[HomeFundMe @HomeFundMe]

Real Estate investment does not have to take up time nor personal financial assets ⌛️

It can be:
- Passive, with high ROIs
- Affordable, with no high-stake investment necessary
- Beneficial to another person while you reap benefits

✅ HomeFundMe = Investment opportunities 🏡

[HomeFundMe @HomeFundMe]

Homeownership is not accessible,
Millions of people opt to rent because:

- Property sale costs are too high
- Down payments are too high
- Mortgage and interest rates are high

Millions of people kept out of buying a home,
Forever chasing an impossible dream 🏡☀️

#HousingForAll

[HomeFundMe @HomeFundMe]

Traditional path to Homeownership🏚️
⚫️ High property costs
⚫️ High Mortgages
⚫️ High down payments

HomeFundMe path to Homeownership🏡
🟢 Investors cover property costs
🟢 No mortgage
🟢 2.5% down payment

Let's reimagine Homeownership together💡

[HomeFundMe @HomeFundMe]

How can we alleviate this crisis?🩹
How can homeownership become accessible?🏡

Fractional real estate and crowdfunding is the answer

✅To learn how HomeFundMe pledges to make homeownership accessible, visit: https://t.co/lgiKA6yTZX

[HomeFundMe @HomeFundMe]

Homeownership is the #AmericanDream🏡
With desired benefits that provide equity, freedom, and stability.

Yet millions of people are barred from homeownership.

3 reasons why homeownership is inaccessible,
A thread🧵:

#RealEstate #HousingCrisis

[HomeFundMe @HomeFundMe]

3) Too many people, not enough housing🪫

The imbalance of low supply and high demand has put us in the midst of a housing crisis, meaning higher housing costs and yet another impediment for aspiring homeowners⚠️

The average house price in 2023 is 68% higher than 10 years ago.