The 2020 Millennial Home Buyer Report demonstrates how, in terms of homeownership aspirations, this generation is similar to earlier ones. Unfortunately, many potential buyers may be discouraged from entering the market due to misconceptions about the obstacles to homeownership, particularly those relating to down payments and FICO® ratings. Whether you're a millennial or not, … Continue reading Two Biggest Financial Myth in Homebuying–Debunked
Author: rbg22
Should Sellers Expect Higher Demand Next Year?
Mortgage rates don't make for an interesting Thanksgiving dinner discussion, but this year is a complete exception. You can bet your bottom dollar that the subject will come up at your table if there is a house buyer or seller. Since the beginning of 2022, mortgage rates have more than doubled, soaring past the … Continue reading Should Sellers Expect Higher Demand Next Year?
Handy Tips Before Placing Your Property in The Market
If you're considering selling your home, you've probably heard about the housing market's cooling and are wondering what that means. We're still in a sellers' market, even if it's not at the peak intensity we witnessed during the epidemic. This proves that you got your window. Being realistic and working with a reliable real … Continue reading Handy Tips Before Placing Your Property in The Market
Expert’s Prediction: Mortgage Rates Are Going Down
Rising mortgage rates over the past year have cooled the sizzling housing market. As home price growth has halted, fewer properties have sold over the past nine months than the month before. This is all because the average 30-year fixed mortgage rate has quadrupled this year, drastically restricting consumer ability to purchase a home. Additionally, … Continue reading Expert’s Prediction: Mortgage Rates Are Going Down
A Look at Today’s Housing Supply
If you're considering purchasing a home, you're probably weighing your demands against current mortgage rates, house prices, schedule, and other factors to determine whether you want to enter the market. If this describes you, one crucial detail could influence your choice: there are currently more properties for sale than there were at this time … Continue reading A Look at Today’s Housing Supply
Understanding Down Payment Loans
In a recent poll, Bankrate asked potential homebuyers to list their top challenges. Experts discovered that 36% of those surveyed stated that saving for a down payment is one of their most significant barriers to home ownership. Several organizations offer down payment aid that might help you realize your dream of becoming a homeowner … Continue reading Understanding Down Payment Loans
What Real Estate Experts Say about Home Equity
Experts say there is little danger of a widespread foreclosure catastrophe like the one we had in 2008, which is excellent news for the housing market. This narrative is supported by the Mortgage Bankers Association (MBA) data. It demonstrates that the aggregate number of at-risk homes is steadily declining. However, despite the deficient … Continue reading What Real Estate Experts Say about Home Equity
Buying a Home? A New House Might Be Your Best Option
Buyers often shrug off newly built homes as they tend to be more expensive. However, with the current mortgage rates today, buyers can get the most out of their money if they buy a new home. According to the National Association of Home Builders (NAHB) “The supply of new single-family homes remained high … Continue reading Buying a Home? A New House Might Be Your Best Option
The Best Reason to Buy a Newly Built House
It can be a good time to resume your home hunt if you put it on hold because you need help figuring out where to go after selling your home. You could have more alternatives and incentives available to you than you think if you're prepared to consider buying a newly constructed house with the … Continue reading The Best Reason to Buy a Newly Built House
Read This Before Selling Your Home this Winter
The property market is changing this time of year, which may make you wonder if it still makes sense to sell your home. Here are three essential queries you could have, along with the information that will help you find the answers to make an informed choice. 1. Should I Put Off Selling? … Continue reading Read This Before Selling Your Home this Winter