Homeownership: “The Reports of My Death Have Been Greatly Exaggerated”

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers /

Homeownership: "The Reports of My Death Have Been Greatly Exaggerated" | Simplifying The MarketThe famous quote by Mark Twain in the title of this article can be used to describe homeownership in America today. Last week, the Census revealed that the percentage of homeowners in the country increased for the first time in thirteen years. A story in the Wall Street Journal gave these new homeownership numbers some […]

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Where Are Mortgage Interest Rates Headed in 2018?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers /

Where Are Mortgage Interest Rates Headed in 2018? | Simplifying The MarketThe interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic […]

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Millionaire to Millennials: Don’t Rent a Home… Buy!

First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers /

Millionaire to Millennials: Don’t Rent a Home… Buy! | Simplifying The MarketIn 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 worth 40 times […]

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Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Rent vs. Buy /

Whether You Rent or Buy, Either Way You're Paying a Mortgage! | Simplifying The MarketThere are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, 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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5 Reasons Homeowners Can Throw Better Super Bowl Parties! [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers /

Highlights:

Watching the big game at home with your friends & family offers many advantages.
There’s more room to entertain a large crowd and you don’t have to worry about complaints to your landlord if you cheer too loudly!
The kitchen is big e…

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Study Shows “Millennials Deserve More Credit”

First Time Home Buyers, For Buyers, For Sellers, Millennials, Move-Up Buyers /

Study Shows "Millennials Deserve More Credit" | Simplifying The MarketWhen it comes to talking about millennials, there are many stereotypes out there that have influenced the way the public feels about the generation. Whether it’s the assumption that millennials are irresponsible with money and would rather buy avocado toast than save for a down payment, or that millennials jump from job to job, the […]

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2 Major Myths Holding Back Home Buyers

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers /

2 Major Myths Holding Back Home Buyers | Simplifying The MarketUrban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.” Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the down payment funds […]

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U.S. Housing Inventory Crunch Continues… List Your House Today!

For Sellers, Housing Market Updates, Move-Up Buyers /

U.S. Housing Inventory Crunch Continues… List Your House Today! | Simplifying The MarketEvery winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW! At the same time, […]

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5 Reasons Millennials Choose to Buy [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Millennials /

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 space, at 93%.
  • Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they’d like, or renovate an outdated part of their living space.

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