For Buyers | The Paradigm Realty Group

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

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

$\"Millionaire$ In 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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Home Buying Myths Slayed [INFOGRAPHIC]

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

Some Highlights:

The average down payment for first-time homebuyers is only 6%!
Despite mortgage interest rates being over 4%, rates are still below historic numbers.
88% of property managers raised their rents in the last 12 months!

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Are Lending Standards Propping Up Home Prices?

For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"Are$ Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may be employing these […]

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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 / Ajeenah Crittendon

$\"Buying$ The 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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You Need an Agent Who Will Always Put You First

For Buyers, For Sellers, FSBOs / Ajeenah Crittendon

$\"You$ Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping. One great example of an agent who […]

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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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4 Reasons Why We Are Not Heading Toward Another Housing Bubble

For Buyers, For Sellers, Housing Market Updates / Ajeenah Crittendon

$\"4$ With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here are four key metrics that will explain why: Home Prices Mortgage […]

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Will Your Current House Fit Your Needs in Retirement?

Baby Boomers, For Buyers, For Sellers, Move-Up Buyers / Ajeenah Crittendon

$\"Will$ As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs […]

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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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Housing Will Not Fall Victim to Next Economic Storm

For Buyers, For Sellers, Housing Market Updates / Ajeenah Crittendon

$\"Housing$ Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact will a recession have on the housing market? Here are the opinions of several experts on the subject: Ivy Zelman in her […]

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