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Posts Tagged ‘realities of owning a home’

How Confusion about Affordability Could Cost You

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today th...

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What is usually an advantage of homeownership?

The #1 Financial Benefit of Homeownership There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to ...

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What Are the Benefits of a 20% Down Payment?

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down...

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Home Buyers Surprised Affordability

47% of New Buyers Surprised by How Affordable Homes Are Today Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there...

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4 Reasons People Are Buying Homes

4 Reasons People Are Buying Homes in 2021 According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us...

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Three Ways Low Inventory Is a Win for Sellers

Three Ways Low Inventory Is a Win for Sellers The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Associa...

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Americans Are Gaining Confidence in the Economy

Americans Are Gaining Confidence in the Economy The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earli...

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Do You Have Enough Money Saved for a Down Payment?

Do You Have Enough Money Saved for a Down Payment? 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 ...

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