Move-Up Buyers

Rent or Buy: Either Way You’re Paying A Mortgage!

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

\"RentThere are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, 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 […]

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What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing /

\"WhatLast week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all listings had a price cut in […]

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Having Trouble Saving Enough for Your Down Payment? Crowdfund It!

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

\"HavingYou read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the fact that many couples live […]

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The Net Worth of a Homeowner is 44x Greater Than A Renter!

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

\"TheEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, […]

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Housing Market: Another Gigantic Difference Between 2008 and 2018

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

\"HousingSome are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis. However, there is a major difference between the two markets. Last […]

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Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

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

\"HomebuyersIt should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com/, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising, however, is that 78% of […]

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Are You Thinking of Selling Your Home? Competition Is Coming!

For Buyers, For Sellers, Move-Up Buyers /

\"AreThe number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. […]

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