So-So or No Credit? No Cash? An FHA Loan Can Get You a Home If you've never owned a home before, FHA loans offer a great way to break into the housing market. They're federally insured mortgages with easier requirements than conventional home loans. "The secret sauce, the magic ingredient, behind the FHA program is … Continue reading An FHA Loan Can Get You a Home
How Much You Need To Earn To Buy A Home In America Today ~ Getting into the market to buy your first home? Or looking to move up? Don't be discouraged. Yes, housing prices have gone up, but so have wages so chances are that you are in a better position than you think you … Continue reading How Much You Need To Earn To Buy A Home In America Today
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?
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?
~ thank you KCM as always for the insightful information! ~ Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by … Continue reading Wait or Buy Now? – Infographic
~ interesting insight ~ Generation Z homebuyers nab property quickly with family money Though they still represent just a small fraction of the housing market thus far, Generation Z homebuyers are different from their older peers. Currently, the members of Generation Z, which includes those born after 1995, are something of an anomaly: They account … Continue reading Generation Z homebuyers nab property quickly with family money
~ these are some good guidelines, take a look and let me know how I can help you! ~ When Should You Make an Offer Below Asking Price? 5 Clues It's Time to Take a Gamble iStock; realtor.com Homes are expensive, and getting even more so every day. (Also, water is wet and the sky … Continue reading Is there a right time to make a offer below asking price?