First Time Home Buyers

Is Buying a Home Today a Good Financial Move?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing /

\"IsThere’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low mortgage rates, has skyrocketed the demand […]

Is Buying a Home Today a Good Financial Move? Read More »

Don’t Let Buyer Competition Keep You from Purchasing a Home

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing /

\"Don’tThis year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes may be pressing pause on their searches as we […]

Don’t Let Buyer Competition Keep You from Purchasing a Home Read More »

Rent vs. Buy: How to Decide What’s Best for You

Buying Myths, First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy /

\"RentAccording to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting […]

Rent vs. Buy: How to Decide What’s Best for You Read More »

Buyer Interest Is Growing among Younger Generations

Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Interest Rates, Millennials, Move-Up Buyers /

\"BuyerThe demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the […]

Buyer Interest Is Growing among Younger Generations Read More »

How Down Payment Assistance Opens the Door to Homeownership

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers /

\"HowMany people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If you don’t feel comfortable […]

How Down Payment Assistance Opens the Door to Homeownership Read More »

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

First Time Home Buyers, For Buyers, Rent vs. Buy /

\"AOne of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, especially when they’re so affordable in today’s […]

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s Read More »

The Cost of a Home Is Far More Important than the Price

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing /

\"TheHousing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there […]

The Cost of a Home Is Far More Important than the Price Read More »