This is the salary you need to afford the average home in your state Before you buy a home, it's important to find out if you can afford the monthly mortgage payment. To do this, some financial experts recommend your housing costs — primarily your mortgage payments — shouldn't consume more than 30 percent of … Continue reading This is the salary you need to afford the average home in your state
Fannie Mae Offers $10M to Solve Affordability Issues Fannie Mae is offering $10 million for solutions to the country’s affordable housing issues. The government-sponsored enterprise issued its Sustainable Communities Innovation Challenge earlier this week. As part of the Challenge, Fannie Mae is requesting proposals from the public, private, and nonprofit sectors for “promising ideas that will … Continue reading Fannie Mae Offers $10M to Solve Affordability Issues
Real Estate Update and Property Report Click on this link to go and see the values for your area! Thank you Rismedia
Rents hit all-time highs amid job growth and low vacancy rates Now is a good time to buy. You might be surprised at what you can afford! Don't let homeownership pass you by, give me a call today!
Home Prices Outpace Salaries, Again Salaries are having a hard time keeping pace with home prices, even as prices continue to decline in many metro areas across the country, a group recently found. The research website HSH.com released an analysis in February that used industry data to track the relationship between salaries and prices in … Continue reading Home Prices Outpace Salaries, Again
How Much A Home Cost the Year You Were Born To view the slideshow and see the different costs, click here. People love telling stories about how a home purchased years ago for next to nothing is today worth hundreds of thousands of dollars or more. Truth is, those tales might be overestimating real estate … Continue reading How much a home cost the year you were born
From Trulia 11/19/15 It doesn't matter if you're searching homes for sale in Fort Lauderdale, FL, or Philadelphia, PA. Type "how much house can I afford" into a Google search and you'll come up with a number of online tools and mortgage calculators to help you figure the answer to your query. You might also … Continue reading How Much House Can You REALLY Afford?
Consumers were generally positive toward the housing market in April, but the improvement in housing sentiment was not enough for analysts to expect any breakout improvements for housing in the coming year, according to Fannie Mae's April 2015 National Housing Survey released Thursday. Following declines in February and March, the percentage of respondents who said … Continue reading Survey: Consumers Generally Positive But Still Cautious Toward Housing
From Credit.com 9/12/14 Looking to get your foot in the door (of your new home)? If you’re a renter who’s tired of paying someone else’s mortgage, now may be the time to pursue the American dream of homeownership. In fact, the days of needing a 20% down payment are long gone. While you can always … Continue reading How much of a down payment do you really need to buy a house?