A homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400)!
Waiting even a year can make a big difference in affordability…
Whether you are considering the purchase of your first home or trading up to the home your family frequently fantasizes about, there are three crucial questions you must know the answer to…
In many markets across the country, the amount of buyers searching for their dream home greatly outnumbers the amount of homes for sale. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.
As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. One way to dramatically increase family wealth is through the acquisition of real estate.
The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent.
Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:
Homebuyers with little savings are finding more home loans are available for a low down payment — some even have no down payment.
AirBnb and HomeAway have gotten popular with travelers, benefitting vacation property buyers.