If you haven’t bought a home before and aren’t sure how to start, these articles are perfect for you.
So you’ve been searching for that perfect house to call a home and you finally found one! The price is right, and in such a competitive market you want to make sure you make a good offer so that you can guarantee your dream of making this house yours comes true!
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The Concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high!
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Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV ‘show hole’*? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Flip or Flop,” “Property Brothers,” and so many more, just in one sitting.
Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to fall.
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A homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400)!
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Waiting even a year can make a big difference in affordability…
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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.
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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.
Read MoreThe percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent.
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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.
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Homeownership remains cheaper than renting…
Read MoreBy Movement Mortgage | Jonathan McFadden | Read Bio This is it: The big one. You’ve scoped out the neighborhood, saved for your down payment and found your custom kitchen and perfect bathroom tile. You’re trading the world of rental apartments, condos and townhomes for one of the biggest financial commitments of your life: […]
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How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”. A recent story they […]
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Today’s home buyers value the emotional benefits of owning a home as much as the financial ones.
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In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home.
Read MoreSome Highlights: 24% of all recent home buyers were single at the time of purchase. 47% of single men cite the desire to own a home of their own as the primary reason to buy. 18% of first-time buyers were single women. Source: My KCM
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Home ownership is a great investment. Whether you rent or own, you are paying a mortgage. Yours when you own, your landlord’s when you rent.
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24% of all recent buyers were single at the time of purchase, and nearly 20% of first-time buyers were single women.
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Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford.
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