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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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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20170929-Share-STM

Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Interest Rates, Millennials, Move-Up Buyers, Pricing
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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 4.4% by next year. CoreLogic predicts home prices to appreciate by 5.0% over
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20170915-Share-STM

Top 5 Reasons Why Millennials Choose to Buy [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Millennials
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Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living
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20170914-Share-STM

Report: Homeownership Is a Precondition of the American Dream

First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
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Hearth just released their 2017 State of the American Dream report which showed that Americans still see homeownership as an integral piece of the American Dream. The report confirmed that “all generations–including millennials–agree homeownership is very important to achieving the American Dream.” Americans ranked “owning a home I love” higher than any other options (including
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