For Buyers Archives - Page 170 of 186 - See Jersey Shore Homes

Inventory Shortages Are Slowing Down the Market

For Buyers, For Sellers, Housing Market Updates / By Corinne Geiger

The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again.

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Is 2017 the Year to Move Up to Your Dream Home? If So, Do It Early!

For Buyers, Interest Rates, Move-Up Buyers / By Corinne Geiger

If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are some predictions on where rates will be by the end of the year:

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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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Financial Planning: 4 Reasons to Buy a House Today

First Time Home Buyers, For Buyers / By Corinne Geiger

Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educational, health, social) that far transcend any economic impact. However, we want to look at several of the financial advantages of homeownership in today’s post.

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Buying a Home? Do You Know the Lingo?

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

Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home.

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Get All the Facts about PMI

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

When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have too much information about Private Mortgage Insurance (PMI).

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Is the Current Pace of Home Sales Maintainable?

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

There are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.

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Your Tax Return: Bring it Home

Down Payments, First Time Home Buyers, For Buyers / By Corinne Geiger

This time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question – “What do you plan on doing with your tax refund?”

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Real Estate Mogul: Here’s Why You Should Buy

First Time Home Buyers, For Buyers / By Corinne Geiger

Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house?

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How Fast Can You Save for a Down Payment?

Down Payments, First Time Home Buyers, For Buyers / By Corinne Geiger

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?