Where Are Millennials Buying Homes? – 2019 Edition Record high home values, stagnating incomes, the largest economic downturn in a century and record levels of student debt are just a few examples of the roadblocks between millennials and homeownership. All these factors have manifested in millennials’ inability to sock away enough cash in their savings … Continue reading Where Are Millennials Buying Homes? – 2019 Edition
Experts are throwing cold water on a 'housing collapse' There's no doubt that housing in the US has come under significant pressure over the past year. A lethal combination of rising interest rates and home prices - at a late phase in the economic cycle - has given way to weak mortgage-lending, climbing inventory, and … Continue reading Housing Collapse? Not Likely
As housing costs remain high, parents buy homes to give their kids a leg up When Laura Hameister and her family moved to a new home in the San Francisco Bay area more than a decade ago, she and her husband decided to hold onto their old house rather than sell it. Today, Hameister’s younger … Continue reading Mom, Dad Can you Buy Me a Home?
Apartment Owners: Let’s Do the Math With Maintenance Costs How much does it cost each year to maintain your apartment? For apartment owners, that answer contains two elements: what you pay to buy the place and what you pay each month to carry it. These two factors, in theory, exist on a sliding scale to … Continue reading Buyers – What are you paying in maintenance costs?
Riverside County is No. 1 in California for population growth in 2018 Riverside County’s population rose 27,386 in the year ended July 1, largest gain among the state’s counties. Now if only we could get more housing built and more higher paying jobs.... Check out the link here, also don't be afraid to scroll into … Continue reading Riverside County is a’growin
What you should know about buying, selling or refinancing a home as the market gets more complicated in 2019 Buy, sell or refi: Your housing playbook for 2019 3:46 PM ET Wed, 19 Dec 2018 | 26:38 It's the most expensive purchase many of us even consider: A place to live. As we head into … Continue reading Buy, Sell or Refinance in 2019?
Why You Should Get Pre-Approved for a Mortgage What is mortgage pre-approval and how can it help you to get the house of your dreams? Find out the answer here. Image Credit: Getty Images If you're shopping for a home, one of the first things you should do is go to the bank to … Continue reading Get Pre-Approved for a mortgage today, trust me
What do you think it is in your state? This map shows how much it costs to own a home in every US state There are an estimated 76.7 million homeowners in America, according to the U.S. Census Bureau, which recently released its 2013-2017 American Community Survey five-year estimates. Their homes are worth a median … Continue reading Median Home Price
The most expensive city in every state Most Americans would likely agree that their lifestyle choices and financial security are dictated largely by their income. Income, however, is only one half of the equation. The other half is the price of goods and services. The cost of everyday necessities -- such as groceries, transportation, and … Continue reading The most expensive city in every state
Millennials prioritize owning a home over getting married or having kids I spend more time than I would like to admit looking at real estate listings online. I recently found a nice townhouse in my neighborhood that costs 25 times my annual salary, which is honestly a better deal than most other places in the … Continue reading Millennials prioritize owning a home over getting married or having kids