“moving can already be one of the most stressful times in a person’s life…” For renters who aspire to be home owners, transitioning from an apartment to a house requires a shift in their thinking that they may not be prepared to make. The financial changes that come with owning, the need to consider planting […]
“a down payment is often the largest single payment a consumer makes in their lifetime…” Saving for a down payment can pose one of the biggest challenges for potential home buyers. Indeed, “a down payment is often the largest single payment a consumer makes in their lifetime and saving for it isn’t easy,” says Corey […]
Home owners are increasingly optimistic about gaining equity in their homes this year, but they’re still conservative on how much they’ve truly gained. Forty-six percent of home owners with a mortgage say they believe they’ll see their equity increase in 2016, and the majority expect to see a gain by as much as 10 percent, […]
Home prices may have been on the rise the last few years, but homes are still more affordable now than they were in the pre-bubble years, according to the latest Mortgage Monitor Report released by Black Knight Financial Services. Households are using 21 percent of the national median income to pay a mortgage on a […]
Now that the U.S. has regained its job-creation mojo, as the October employment report showed, the demand for housing is only going to grow. After all, when people have jobs they can break off and form new households—ditching the roommates behind or finally moving out of Mom and Dad’s basement—and that’s what fundamentally drives home […]
Boomerang Buyers Get Second Chance, this article from RealtorMag talks about former homeowners that are credit ready to step back into home ownership… About 7.2 million homes have been lost to foreclosure or short sale since the housing crash began, according to housing data from Black Knight Financial Services. That has forced millions of former […]
Is home ownership still the American dream? Does the public still consider home ownership to be part of the American dream…The home ownership dream is still alive according to several surveys…Great post from Melissa Dittmann Tracey in the RealtorMag from May discussing homeownership… In the aftermath of the housing crisis, some analysts are questioning whether […]
Americans still believe in home ownership, but they’re spooked about the mortgage process, a survey finds…Article I found in the March 28th issue of RealtorMag talking about how renters still want to purchase homes in spite of the housing crisis… Two-thirds of renters — across educational and demographic levels — say they want to purchase […]