For Buyers

5 Reasons Homeownership Makes ‘Cents’

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

\"5The American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities. Today we want to talk about the top 5 financial reasons […]

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Multigenerational Households May Be the Answer to Price Increases

For Buyers, For Sellers, Move-Up Buyers, Pricing /

\"MultigenerationalMultigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com/, “Nearly 1 in 5 Americans is now living in a multigenerational household – a household with two or more adult generations, or […]

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Low Inventory Causes Home Prices to Maintain Fast Growth

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

\"LowThe National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros. Lawrence Yun, Chief Economist at […]

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Don’t Let Fear Stop You from Applying for a Mortgage

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

\"Don\'tA considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll […]

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Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

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

\"RentingThere are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical […]

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Buying a Home Can Be Scary… Unless You Know the Facts [INFOGRAPHIC]

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Millennials /

Some Highlights:
Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts:

40% of millennials who purchased homes this year hav…

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