For Buyers | The Paradigm Realty Group

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

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

Some Highlights:

The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
In the report, home prices are compared both regionally and by state.
Based on the latest numbers, if you plan on relocating…

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Further Proof It’s NOT 2008 All Over Again

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

$\"Further$ Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced […]

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24% of Renters Believe Winter is the Best Time to Buy a Home

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

$\"24%$ In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy. According to Bank of […]

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Buyers: Don’t Be Surprised by Closing Costs!

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

$\"Buyers:$ Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a […]

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Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

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

Some Highlights:

Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month.
The inventory of existing homes is still below the 6-month supply…

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Will Your Side Hustle Buy You a House This Year?

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

$\"Will$ The top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017. Among millennials with incomes over $100,000 a year, the top ways to come up with […]

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Females Are Making It a Priority to Invest in Real Estate!

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

$\"Females$ Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it! In 2018, for the second year in a row, single female buyers accounted for 18% of all buyers. In […]

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The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

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

Some Highlights:

Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%)…

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Wage Increases Make Home Buying More Affordable

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

$\"Wage$ Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is for them to afford to own a home. Because of an improving economy, wages are […]

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How to Honor a Veteran Today and Everyday

For Buyers, For Sellers / Ajeenah Crittendon

$\"How$ One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then, later on, became Veterans Day. […]

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