As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery … [Read more...]
Articles for First-Time Homebuyers
How Record-Low Housing Inventory Affects Buyers and Sellers
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the … [Read more...]
Generation Z, Millennials, and Gen X Showing More Interest in Buying a Home (Q3 2019 vs Q3 2020)
The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal … [Read more...]
Exposing the Mortgage Down Payment Myth for Homebuyers
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey … [Read more...]
Home Buyers: Preparation is Key When You Get Into a Bidding War
With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. … [Read more...]
First-Time Homebuyers Seeking Out Existing Homes in 2020
In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be … [Read more...]
Homebuying Checklist for Buying a Home in 2020
Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to … [Read more...]
Focus on Cost, Not Price, When Buying a Home. Here’s Why!
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going … [Read more...]
5 Tips for When You Start Searching For Your Dream Home
In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor.com’s article, “How to Find Your … [Read more...]
Test Your Knowledge: Mortgage Down Payments
Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment … [Read more...]
Millennial and Gen Z First-Time Homebuyers Are Saving Up To Buy
Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours … [Read more...]
3 Tips for Realizing the Dream of Becoming a First-Time Homebuyer [INFOGRAPHIC]
Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it. Living within a budget right now will help you save money for down … [Read more...]
For Couples, It’s First Comes Love… Then Comes Mortgage?
According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home … [Read more...]
Find Out If Buying a Home With Friends is Right For You
At some point in almost every adult's life, you realize that you want to own a home. Many have seen this transformation from their carefree younger years as almost biological: the need to own a little patch of land even if you don't live … [Read more...]
