Buyer Advice and Aid

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Buyer Advice and Aid The Ultimate Truth about Housing Affordability The Ultimate Truth about Housing Affordability There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National […]
Buyer Advice and Aid Should You Buy A Home Now…Or Wait Until Next Year?
Buyer Advice and Aid Boomerang Buyers: Don’t Be Afraid to Buy a Home Again! Boomerang Buyers: Don’t Be Afraid to Buy a Home Again! According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.” According […]
Buyer Advice and Aid Starting the Search for Your Dream Home? Here Are 5 Tips! Starting the Search for Your Dream Home? Here Are 5 Tips! In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps […]
Buyer Advice and Aid 3 Things To Avoid After Applying for a Mortgage
Buyer Advice and Aid 4 Tips for Making a Competitive Offer 4 Tips for Making a Competitive Offer So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! 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 that your dream of making this house yours comes […]
Buyer Advice and Aid New Research Shows Housing Is Affordable For First-Time Buyers New Research Shows Housing Is Affordable For First-Time Buyers Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) […]
Buyer Advice and Aid Home Buyers are Optimistic About Homeownership! Home Buyers are Optimistic About Homeownership! When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a […]
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Buyer Advice and Aid How Quickly Can You Save Your Down Payment? How Quickly Can You Save Your Down Payment? Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in […]
Buyer Advice and Aid Renters Paying Substantially More While Owning Costs Less Renters Paying Substantially More While Owning Costs Less In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference […]
Buyer Advice and Aid With Inventory Low: Will Your Dream Home Need Some TLC? With Inventory Low: Will Your Dream Home Need Some TLC? According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase […]
Buyer Advice and Aid Selling Your House: Here’s Why You Need A Pro In Your Corner Selling Your House: Here’s Why You Need A Pro In Your Corner! With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional. Real estate agents are trained and experienced in negotiation while, in most […]
Buyer Advice and Aid 3 QUESTIONS YOU NEED TO ASK BEFORE BUYING A HOME 3 Questions You Need To Ask Before Buying A Home If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real […]
Buyer Advice and Aid Slaying Myths About Buying A Home Slaying the Largest Homebuying Myths Today [INFOGRAPHIC] Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit score on […]
Buyer Advice and Aid 3 REASONS RENTERS WANT TO BUY A HOME
Buyer Advice and Aid Home-buyers Shouldn’t Worry About 2008 All Over Again Homebuyers Shouldn’t Worry About 2008 All Over Again Last week, realtor.com released a survey of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market. Two major takeaways from the survey: 42% believe a recession will […]
Buyer Advice and Aid 10 Steps to Buying a Home 10 Steps to Buying a Home [INFOGRAPHIC] Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else […]
Buyer Advice and Aid Your Tax Refund is The Key To Homeownership! Your Tax Refund Is The Key To Homeownership! According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year. Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. […]
Buyer Advice and Aid Do 46 Million Millennials Know They Are Mortgage Ready? Do 46 Million Millennials Know They Are Mortgage Ready? Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying […]
Buyer Advice and Aid What Credit Score Do You Need to Buy a House? What Credit Score Do You Need To Buy A House? There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only 25% of the Americans have a […]
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