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Study Says Todays Market is a Good Time to Buy

 Study Calls Today’s Market Good Time to Buy

On February 13, 2012, in Breaking News, by Robert Freedman

Researchers from several universities have just completed a paper that looks at what they call the hurdle rate. This is the point at which it’s equally smart to rent or buy if your only criterion is to build wealth. Based on today’s hurdle rate, it’s a better time to buy than to rent, because you can build more wealth owning than renting.

The study looks at what they call an indifferent renter. This is someone who is just as happy renting as buying depending on which choice is better at building wealth over a holding period, in this case eight years. The study assumes the renter puts the savings from renting into an investment to earn a return.

The hurdle rate is the point of equilibrium between renting and buying where it’s a wash in terms of wealth building. If today’s hurdle rate rate is lower than the average past property appreciation rate for a particular market, then it makes sense to buy, because future property appreciation should be such that an individual will, on average, create more wealth through owning rather than renting. On the other hand, if today’s hurdle rate is higher than the average past property appreciation for a particular market, then this is a sign that ownership can be a drag on wealth creation.

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Hampton, NH

Hampton is located beside the Atlantic Ocean, near the center of the New Hampshire seacoast, in Rockingham County, New Hampshire.  Hampton's beaches account for about one third of the New Hampshire coastline.

Hampton is home to Hampton Beach State Park at Hampton Beach, a dynamic tourist destination in the summer.  Surfers can be spotted year-round at Hampton's North Beach, which is hidden from view by a mile long stone wall and sidewalk.  Great Boar’s Head, a prominent landmark, is located between Hampton's North Beach and Hampton Beach proper.   On the south side of Great Boar’s Head, is a wide sandy beach.  This beach is a popular destination among the millions of New Hampshire’s Seacoast visitors.  Restaurants, hotels, and shops are all found along this beach.

Hampton also has a strong business community including supermarkets, local stores and fine dining restaurants. It is also home to Lilly Software and Foss Manufacturing.  
 
Hampton was one of four original townships established in New Hampshire.  It was originally called the Plantation of Winnacunnet.  “Winnacunnet” is a Native American word meaning “beautiful place of pines”.  The town was settled in 1638 and incorporated in 1639.  It once included Danville, East Kingston, Hampton Falls, Kensington, Kingston, North Hampton, Sandown, and Seabrook.   These towns, along with the names of Hampton’s settlers, are honored at Founders Park on Park Avenue.  

Hampton contains 13.0 square miles of land and 1.5 square miles of water.  According to the 2000 U.S. Census Bureau, Hampton had a population of 14,937 people, 6,465 households, and 4,034 families.  The average household size was 2.28 and the average family size was 2.86.

Hampton Real Estate and Homes:  In 2007, it was estimated that Hampton’s population was 15,390.  Hampton real estate was comprised of 9,873 total homes.  This included 5,391 single family houses and 4,204 multi-family homes.

Please contact Better Homes and Gardens Real Estate The Masiello Group for homes for sale in Hampton, New Hampshire, homes for sale in Rockingham County, New Hampshire, and for all your real estate needs.