First Time Home Buyers | The Paradigm Realty Group

How Is Remote Work Changing Homebuyer Needs?

$\"How$ With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? […]

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Homeownership Rate Continues to Rise in 2020

Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates / Ajeenah Crittendon

$\"Homeownership$ So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership […]

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Guidance and Support Are Key When Buying Your First Home

First Time Home Buyers, For Buyers, Interest Rates / Ajeenah Crittendon

$\"Guidance$ In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is […]

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Mortgage Rates Fall Below 3% [INFOGRAPHIC]

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

Some Highlights

Mortgage rates hit another all-time low, falling below 3% this week.
If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment.
Let’s connect today to determine your best next steps t…

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Mortgage Rates Hit Record Lows for Three Consecutive Weeks

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

$\"Mortgage$ Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is […]

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Buyers: Are You Ready for a Bidding War?

First Time Home Buyers, For Buyers, Move-Up Buyers / Ajeenah Crittendon

$\"Buyers:$ With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few houses for sale right now, there’s a […]

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Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics / Ajeenah Crittendon

$\"Americans$

Some Highlights

Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years.
The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today.
Of the four listed, real estate is also the only investment you can also live in. That’s a big win!

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Not All Agents Are Created Equal

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers / Ajeenah Crittendon

$\"Not$ In today’s fast-paced world where answers are just a Google search away, there are some who may question the benefits of hiring a real estate professional when selling a house. The reality is, the addition of more information can lead to more confusion. A real estate agent can be your essential guide, but truth be […]

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Taking Advantage of Homebuying Affordability in Today’s Market

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

$\"Taking$ Everyone is ready to buy a home at a different time in their lives, and a health crisis or not, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make […]

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Homebuyers Are in the Mood to Buy Today

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

$\"Homebuyers$ According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune time to sell as well. There’s […]

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