Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time
The COST of Your Next Home Will Be LESS Than Your Parents’ Home Was
There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically.
The Difference Between PRICE and COST
The price of a home
Boomerang Buyers: Most Qualify for Financing in 2-3 Years
According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years.
This is in stark contrast to the belief that many have that they need
99% of Experts Agree: Home Prices Will Increase
Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values
The Cost of Renting vs. Buying Today [INFOGRAPHIC]
Some Highlights:
- Historically, the choice between renting
Buyer Demand Still Outpacing the Supply of Homes for Sale
The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales,
Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years
Have you considered selling your current home to invest in a larger home? If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news
Your Clocks Aren’t The Only Things Expected To “Spring Forward,” The Housing Market Is Expected To “Spring Forward” This Year
It’s that time of year, the time when our clocks are due to “spring forward.” Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension
2 Myths That May Be Holding You Back From Buying
In Realtor.com’s article, “Home Buyers’ Top Mortgage Fears: Which One Scares You?” they mention that “46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try.”
Myth #1: “I Need a 20% Down Payment”
Buyers overestimate
It’s Tax Season… Use Your Refund to Jump Start Your Down Payment Savings!
While most people dread tax time, if you are getting a tax refund, this time of year can seem almost as rewarding as end-of-the-year bonus season.
Whether you are receiving a refund of a few hundred dollars or several thousand dollars, if