In case you grew up within the ‘90s, you…
Listened to your favourite band on a Sony Walkman.
Tied up the telephone traces with dial-up web.
Scrambled throughout city for the newest Beanie Child drop.
Forgot to feed your Tamagotchi…once more.
Feeling nostalgic but?
‘90s residence traits are making a comeback
We’re beginning to see some ‘90s traits resurfacing, not solely in vogue, however in our properties. Assume white kitchens, blonde wooden flooring, brass {hardware}, and pastels. Even cover beds are coming again to make an announcement.
Our sentimental aspect is thrilled to see these traits coming again, however there’s one factor (moreover overplucked eyebrows) that we’d like to go away previously. It’s time to say goodbye to excessive actual property commissions. Particularly whenever you think about the truth that housing costs have elevated exponentially.
A lot has progressed because the ‘90s. So, why hasn’t actual property?
Presently, 61% of renters within the U.S. can’t afford to purchase a house within the metropolis they dwell in and inflation has hit a 40-year document. We researched median residence sale value information on the onset of the ‘90s by way of 2022.
1990-2000 information pulled from US Census information besides fee charges (6.00%), that are used as a baseline fee for comparability.
Kinda stunning, proper? House’s are getting dearer whereas many are nonetheless paying excessive share primarily based commissions. The underside line is that homeownership is more and more unaffordable and unattainable for folks in the present day.
At Homie, we’re right here to shake up actual property to make homeownership straightforward, reasonably priced, and accessible for all. We’re an alternative choice to the standard actual property trade. Proper off the bat, we drastically lowered excessive charges and commissions. That was so old-fashioned.
Prepared to go away excessive charges again within the ’90s?
Whether or not you need to save probably the most cash or don’t need to raise a finger, with Homie, you possibly can choose a plan that’s best for you. Calculate how a lot you’ll save in the present day.
Financial savings calculations primarily based on distinction between 3% itemizing agent fee and Homie’s itemizing payment. Financial savings, fee charges, and timing could fluctuate.