One More Time… You Do Not Need 20% Down to Buy a Home

Posted Posted in Blog, Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers

The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. In combination with higher rents, survey after survey has shown that non-homeowners (renters […]

Do You Know How Much Your Home Has Increased in Value?

Posted Posted in Blog, For Buyers, For Sellers, Move-Up Buyers, Pricing

Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 trillion in 2017.” The […]

Where is the Housing Market Headed in 2019? [INFOGRAPHIC]

Posted Posted in Blog, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing

Some Highlights: ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic. All four major reporting […]

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

Posted Posted in Blog, First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! Powered by WPeMatico

2 Myths Holding Back Home Buyers

Posted Posted in Blog, Buying Myths, Down Payments, First Time Home Buyers, For Buyers

Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership. Thirty-nine percent of renters […]