First Time Home Buyers | The Paradigm Realty Group

Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]

Baby Boomers, First Time Home Buyers, For Buyers, Generation X, Infographics, Millennials, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"Americans$

Some Highlights:

Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!
The generations agree! Real estate is the best investment!
Generation X leads the way with 37% believing in real estate as the top investment.

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What You Need to Know About the Mortgage Process [INFOGRAPHIC]

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

$\"What$

Some Highlights:

Many buyers are purchasing a home with a down payment as little as 3%.
You may already qualify for a loan, even if you don\’t have perfect credit.
Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

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4 REAL Reasons Why We Buy A Home!

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

$\"4$ We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain […]

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First-Time Home Buyers Continue to Put Down Less Than 6%!

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"First-Time$ According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, but in March, 71% of first-time buyers […]

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House-Buying Power at Near-Historic Levels

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

$\"House-Buying$ We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at “near-historic levels.” Their […]

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Rising Interest Rates Have Not Dampened Demand

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

$\"Rising$ Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), […]

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Cost Across Time [INFOGRAPHIC]

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

Some Highlights:

With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.
Rates are projected to climb to 5.1% by this time next year according to Freddie Mac.
The impact your interest …

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Homes More Affordable Today than 1985-2000

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"Homes$ Rising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home. However, it is not just the price of a home that determines its affordability. The monthly cost of a home is determined by the price and […]

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VA Loans: Making a Home for the Brave Possible

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

$\"VA$ Since the creation of the Veterans Affairs (VA) Home Loans Program, over 22 million veterans have achieved the American Dream of homeownership. Many veterans do not know the details of the program and therefore do not take advantage of the benefits available to them. If you are a veteran or you know someone who is, […]

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Buying This Summer? Be Prepared for Bidding Wars

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

$\"Buying$ Summer is traditionally a busy season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on those buyers who are looking to purchase before the new school year. This year will be no different! Buyers have already been out in force looking for their dream homes […]

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