First Time Home Buyers

Having Trouble Saving Enough for Your Down Payment? Crowdfund It!

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

\"HavingYou read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the fact that many couples live […]

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The Net Worth of a Homeowner is 44x Greater Than A Renter!

First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy /

\"TheEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, […]

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Housing Market: Another Gigantic Difference Between 2008 and 2018

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

\"HousingSome are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis. However, there is a major difference between the two markets. Last […]

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Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

First Time Home Buyers, For Buyers, Generation X, Millennials, Move-Up Buyers /

\"HomebuyersIt should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com/, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising, however, is that 78% of […]

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The Wave of Millennial Homebuyers Continues to Swell

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

\"TheMany have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that […]

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5 Reasons to Hire a Real Estate Professional Before Entering the Market!

First Time Home Buyers, For Buyers, For Sellers, FSBOs, Move-Up Buyers /

\"5Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate professional to guide you on the path to […]

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Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!

First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Rent vs. Buy /

\"MillionaireIn a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.”  Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the intention of paying it off in 25, 20 or ideally, […]

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Buying Is Now 26.3% Cheaper Than Renting in the US

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

\"BuyingThe results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent […]

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