Buying Myths | The Paradigm Realty Group

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

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths / Ajeenah Crittendon

$\"How$ 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 […]

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3 Powerful Reasons to Buy a Home Now

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers / Ajeenah Crittendon

$\"3$ Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today. 1. Affordability Many people focus solely on price when talking about home affordability. Since home prices have appreciated throughout the past […]

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Mid-Year Housing Market Update: Three Things to Know Today

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Selling Myths / Ajeenah Crittendon

$\"Mid-Year$ Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year. If you’re thinking of buying or selling, or if you just want to know what experts are saying is on the horizon, here are the top three things to put on […]

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Is Renting Right for Me?

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"Is$ If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer than you realize. According to the 2018 Bank of America Homebuyer Insights Report, 74% of […]

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The Surprising Profile of the Real Estate Investor

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"The$ Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors? Many have speculated that the large institutional conglomerates such as Blackstone, American Homes 4 Rent, and Colony Starwood dominate investor purchases. However, a special report on investor home buying by CoreLogic, Don’t Call it a […]

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Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]

Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Millennials, Move-Up Buyers / Ajeenah Crittendon

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Some Highlights:

According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time home buyers is 32.
More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!

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Now’s the Time to Move-Up and Upgrade Your Current Home!

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Luxury Market, Move-Up Buyers / Ajeenah Crittendon

$\"Now’s$ Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house. Much of the demand for housing […]

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Is Mortgage Debt out of Control?

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"Is$ The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their […]

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Millennials Are Increasing the Demand for Condominiums

Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Millennials, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"Millennials$ When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “Last year about 43% of all condo home-purchase mortgage applications […]

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2 Myths Holding Back Home Buyers

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"2$ Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save […]

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