Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of […]
How Can I Increase My Family’s Net Worth? Read More »
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 payments while also…
3 Tips for Making Your Dream of Buying A Home Come True [INFOGRAPHIC] Read More »
With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three key metrics that will explain why: Home Prices Mortgage Standards Foreclosure Rates HOME PRICES A […]
3 Reasons Why We Are Not Heading Toward Another Housing Crash Read More »
The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven home prices to new heights. Home […]
Why A Normal Market is Just What We Need Read More »
Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming! NerdWallet’s 2018 Home Buyer Report revealed that: […]
2019 Will Be a Great Year for Buyers AND Sellers Read More »
In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are […]
Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One! Read More »
Some Highlights:
Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year.
Vermont claimed the top spot of states with the highest percentage of inbound reside…
Where Did Americans Move in 2018? [INFOGRAPHIC] Read More »
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 is more attainable with two incomes to save for down payments and contribute to monthly housing costs. However, many couples […]
First Comes Love… Then Comes Mortgage? Couples Lead the Way Read More »
Study after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial (often referred to as emotional or social reasons.) For Americans approaching retirement age, one of […]
Why Homeownership Matters Now More Than Ever Read More »
If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018. The map below shows the results of the latest index by state. Real […]
How To List Your Home for the Best Price Read More »