First Time Home Buyers

22 Sep Is a 20% Down Payment Really Necessary To Purchase a Home?

Posted at 10:00h in Blog, Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Millennials by MarciaMurray 0 Comments

0 Likes

Share

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of...

Read More

16 Sep Is the Number of Homes for Sale Finally Growing?

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers by MarciaMurray 0 Comments

0 Likes

Share

An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many...

Read More

15 Sep 5 Tips for Making Your Best Offer

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Move-Up Buyers by MarciaMurray 0 Comments

0 Likes

Share

In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the...

Read More

10 Sep Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]

Posted at 10:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing by MarciaMurray 0 Comments

0 Likes

Share

Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly understand the real estate...

Read More

01 Sep What You Can Do Right Now To Prepare for Homeownership

Posted at 10:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy by MarciaMurray 0 Comments

0 Likes

Share

As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of...

Read More

30 Aug The Difference in Net Worth Between Homeowners and Renters Is Widening

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Rent vs. Buy by MarciaMurray 0 Comments

0 Likes

Share

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It...

Read More

26 Aug If Housing Affordability Is About the Money, Don’t Forget This.

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy by MarciaMurray 0 Comments

0 Likes

Share

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but...

Read More

23 Aug What Do Experts Say About Today’s Mortgage Rates?

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers by MarciaMurray 0 Comments

0 Likes

Share

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why...

Read More

20 Aug Options for First-Time Homebuyers [INFOGRAPHIC]

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Infographics by MarciaMurray 0 Comments

0 Likes

Share

Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs. If you’re having trouble finding...

Read More

19 Aug More Young People Are Buying Homes

Posted at 10:00h in Blog, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy by MarciaMurray 0 Comments

0 Likes

Share

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain...

Read More