It is easier to get a mortgage today than it was immediately after the market crash, but it is still difficult. The difference in 2006? At that time, it was difficult not to get a mortgage.
2019 Q3 – Homeownership Rate Remains on the Rise
The 2019 Q3 homeownership rate of 64.8 percent was 0.7 percentage points higher than the rate in Q2 2019 (64.1 percent).
Forget the Price of the Home. The Cost is What Matters.
When you look at home prices, interest rates and wages, you get the real picture of home affordability.
Millennials: Here’s Why the Process is Well Worth It.
Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News, “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.” If you’re a Millennial, you’re already well aware that you’re among a generation of those who … Read More
The #1 Reason to List Your House in the Winter
So, what’s the #1 reason to list your house in the winter? Less competition.
How to Determine If You Can Afford to Buy a Home
Though the price of homes may still be rising, the cost of purchasing a home is actually falling. The X-Factor = Mortgage Rates.
Think Home Prices Have Skyrocketed? Look at Rents.
In the most recent Apartment Rent Report, RentCafe explains how rents have continued to increase over the last twelve months because of a large demand and a limited supply.
5 Tips for Starting Your Home Search – Start by Getting Preapproved for Your Mortgage!
Here are five tips from realtor.com’s article, “How to Find Your Dream Home—Without Losing Your Mind.”
62% of Buyers Are Wrong About Down Payment Needs
The lack of knowledge about the home-buying process is, unfortunately, keeping many motivated buyers on the sidelines.
Homeownership is the Top Contributor to Your Net Worth
If you don’t own a home, buy one. If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.