First Time Home Buyers Archives - Page 93 of 107

More Americans Chose to Own a Home Than Rent in Q1

According to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households. Of the 1.22 million new households […]

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Is Now a Good Time to Rent?

People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their 2017 first quarter median rent numbers. Here is a graph […]

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5 Reasons to Hire a Real Estate Professional When Buying or Selling!

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers / By Corinne Geiger

Whether you are buying or selling a home it can be quite an adventurous journey, which is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or […]

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#1 Answer to the Housing Shortage: New Construction

First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction / By Corinne Geiger

The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices have continued to appreciate at higher levels than historic averages.

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4 Tips for Effectively Making an Offer

First Time Home Buyers, For Buyers, Move-Up Buyers / By Corinne Geiger

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!

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Do You Know the Cost of NOT Owning Your Home?

First Time Home Buyers, For Buyers, Move-Up Buyers / By Corinne Geiger

Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.

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What You Need to Know About Qualifying for a Mortgage [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers / By Corinne Geiger

Some Highlights:

Many buyers are purchasing a home with a down payment as little as 3%.
You may already qualify for a loan, even if you don’t have perfect credit.
Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

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3 Reasons the Housing Market is NOT in a Bubble

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / By Corinne Geiger

With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago.

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Gallup: Real Estate is Best Long-Term Investment 4 Years Running

First Time Home Buyers, For Buyers, Move-Up Buyers / By Corinne Geiger

Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.

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Do You Know the Cost of Waiting? [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Interest Rates, Pricing / By Corinne Geiger

Some Highlights:

The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.9% according to CoreLogic.
Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!

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