First Time Home Buyers

Auto Added by WPeMatico

Three Reasons Why Pre-Approval Is the First Step in 2020

By |2020-02-03T20:07:41+00:00February 3rd, 2020|

When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough

Homes Are More Affordable Today, Not Less Affordable

By |2020-01-16T23:28:07+00:00January 15th, 2020|

There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home that matters. Homes, in most cases, are purchased

Holiday Gifts Are Not the Only Hot Things Right Now

By |2019-12-18T22:34:00+00:00December 12th, 2019|

Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their Showing Index, which tracks the average number of appointments received on active U.S. house listings.

It’s ‘National Roof Over Your Head’ Day!

By |2019-12-03T18:35:30+00:00December 3rd, 2019|

Did you know that each year in the United States, we celebrate “National Roof Over Your Head Day” on December 3rd? As noted on the National Calendar, it was “created as a day to be thankful for what you have, starting with the roof over your head. There are many things that we have that

Expert Advice: 3 Benefits to Owning a Home

By |2019-11-20T22:12:35+00:00November 19th, 2019|

Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate: 1. Real estate diversifies your income “While it is

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

By |2019-11-15T19:58:04+00:00November 15th, 2019|

  Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear. Every market is different. Before you renew your lease, find

This is Not 2008 All Over Again: The Mortgage Lending Factor

By |2019-11-15T19:47:27+00:00November 14th, 2019|

Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment assistance programs are causing concern that we’re returning

Millennials: Here’s Why the Process is Well Worth It.

By |2019-11-06T17:37:15+00:00November 6th, 2019|

Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News,  “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.” If you’re a Millennial, you’re already well aware that

Planning on Buying a Home? Be Sure You Know Your Options.

By |2019-11-06T18:11:19+00:00November 5th, 2019|

When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building