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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 would it take you to save for a down payment in each state?
How Fast Can You Save for a Down Payment? Read More »
Some Highlights:Interest rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!The credit score requirements for mortgage approval continue to fall.
Slaying Home Buying Myths [INFOGRAPHIC] Read More »
Many Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they owed additional money to either the Federal or State government or both. One way to save on taxes is to own your own home.
Tax Return Depressing? Owning a Home Could Help Read More »
Forbes.com recently released the results of their new American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.”
Measuring Your Ability to Achieve the American Dream Read More »
According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.
US Housing Market Continues the Move into ‘Buy Territory’! Read More »
Is Your First Home Within Your Grasp? [INFOGRAPHIC] Read More »
The media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to Freddie Mac). However, a less covered aspect of the mortgage market is that requirements to get a mortgage have eased while rates have risen.
Home Mortgages: Rates Up, Requirements Easing Read More »
A recent report released by Down Payment Resource shows that 65% of first-time homebuyers purchased their homes with a down payment of 6% or less in the month of January.
Millennials Flock to Low Down Payment Programs Read More »
There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage.
Careful…Don’t Get Caught in the Rental Trap! Read More »
Why Millennials Choose to Buy [INFOGRAPHIC] Read More »
Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR).
The ‘REAL’ News about Housing Affordability Read More »
Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different!
Buying this Spring? Be Prepared for Bidding Wars Read More »
