20171106-Share-STM

Low Inventory Causes Home Prices to Maintain Fast Growth

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing
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The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros. Lawrence Yun, Chief Economist at
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20171030-Share-STM1

Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Rent vs. Buy
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There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical
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20171027-Share-STM

Buying a Home Can Be Scary… Unless You Know the Facts [INFOGRAPHIC]

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Millennials
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Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts: 40% of millennials who purchased homes this year have put down less than 10%. 76.4% of loan applications were
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20171026-Share-STM

How to Save on a Mortgage Payment Whether Buying or Selling

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
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In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and
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20171024-Share-STM

Millennials Flock Towards Low Down Payment Programs

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
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A report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less. The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%. An article by Chase points to a new wave of millennial homebuyers: “We teamed up with Google to
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20171023-Share-STM

5 Reasons to Hire a Real Estate Professional When Buying or Selling!

First Time Home Buyers, For Buyers, For Sellers, FSBOs, Move-Up Buyers
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Whether you are buying or selling a home, it can be quite an adventurous journey. This is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO. The
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