First Time Home Buyers

80% of Renters Believe Homeownership is a Part of Their American Dream

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

\"80%According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream. The profile went on to state that 50% of millennials believe that their rent will […]

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Top 5 Reasons to Hire a Real Estate Professional When Buying or Selling!

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

\"TopWhether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. But in this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO.’ […]

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Should I Wait Until Next Year to Buy? Or Buy Now? [INFOGRAPHIC]

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

Some Highlights:

The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 5.1% by 2019.
CoreLogic…

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Calm Down! The Real Estate Market is NOT Falling Apart

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

\"CalmThere has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments together and create an almost ‘Armageddon’ scenario where everything loses value quickly and dramatically. Real estate is an investment that can get caught up […]

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Which Comes First… Marriage or Mortgage?

First Time Home Buyers, For Buyers /

\"WhichAccording to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable. But, many couples […]

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Low Inventory Pushes Home Prices Higher

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

\"LowAccording to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase. Dr. Frank Nothaft, Chief Economist for CoreLogic, gave insight into the reason behind the large appreciation, “The number of […]

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Homeownership: “The Reports of My Death Have Been Greatly Exaggerated”

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

\'Homeownership:The famous quote by Mark Twain in the title of this article can be used to describe homeownership in America today. Last week, the Census revealed that the percentage of homeowners in the country increased for the first time in thirteen years. A story in the Wall Street Journal gave these new homeownership numbers some […]

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Where Are Mortgage Interest Rates Headed in 2018?

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

\"WhereThe interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic […]

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Millionaire to Millennials: Don’t Rent a Home… Buy!

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

\"MillionaireIn a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are worth 40 times […]

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