Buying Myths

Auto Added by WPeMatico

Seniors Are on the Move in the Real Estate Market

By |2019-08-21T10:00:14+00:00August 21st, 2019|

Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,  “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the

Buying a Home: Do You Know the Lingo? [INFOGRAPHIC]

By |2019-08-16T10:00:53+00:00August 16th, 2019|

Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is

Busting the Myth About a Housing Affordability Crisis

By |2019-08-15T10:00:33+00:00August 15th, 2019|

It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the price of a home that matters, but the price relative to a

The Benefits of Growing Equity in Your Home

By |2019-08-14T10:00:51+00:00August 14th, 2019|

Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break down three ways this is a win for

5 Real Estate Reality TV Myths Explained

By |2019-08-13T10:00:26+00:00August 13th, 2019|

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting. When you’re in the middle of your real estate-themed TV

Rent Vs. Own [INFOGRAPHIC]

By |2019-08-09T10:00:09+00:00August 9th, 2019|

Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather

Why All the Chicken Littles Should Calm Down

By |2019-08-08T10:00:25+00:00August 8th, 2019|

The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2%

How Much Do You Know About Down Payments?

By |2019-08-06T10:00:55+00:00August 6th, 2019|

Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today. 1. How much do you really need

Millionaire to Millennials: The Costly Mistake of Not Buying Now

By |2019-08-05T10:00:45+00:00August 5th, 2019|

On his personal website, self-made millionaire David Bach makes a striking statement:  “Not prioritizing homeownership is the single biggest mistake millennials are making.”  He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances

How to Judge the Impact of the Next Economic Slowdown on Housing

By |2019-08-01T10:00:35+00:00August 1st, 2019|

We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur? Pulsenomics just released a special report revealing that nearly 6 out of 10 of the 90 economists, investment strategists, and market