First Time Home Buyers

Rising Interest Rates Have Not Dampened Demand

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

Rising Interest Rates Have Not Dampened Demand | Simplifying The MarketSince the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), […]

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Homes More Affordable Today than 1985-2000

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

Homes More Affordable Today than 1985-2000 | Simplifying The MarketRising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home. However, it is not just the price of a home that determines its affordability. The monthly cost of a home is determined by the price and […]

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VA Loans: Making a Home for the Brave Possible

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

VA Loans: Making a Home for the Brave Possible | Simplifying The MarketSince the creation of the Veterans Affairs (VA) Home Loans Program, over 22 million veterans have achieved the American Dream of homeownership. Many veterans do not know the details of the program and therefore do not take advantage of the benefits available to them. If you are a veteran or you know someone who is, […]

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Buying This Summer? Be Prepared for Bidding Wars

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

Buying This Summer? Be Prepared for Bidding Wars | Simplifying The MarketSummer is traditionally a busy season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on those buyers who are looking to purchase before the new school year. This year will be no different! Buyers have already been out in force looking for their dream homes […]

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5 Reasons Millennials Choose to Buy a Home [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Millennials, Rent vs. Buy /

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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What’s the Median Home Value in Your State?

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

What’s the Median Home Value in Your State? | Simplifying The MarketIf you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where they’re located. In today’s housing market where home prices are appreciating quickly, it’s important to know that not every home appreciates […]

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You DO NOT Need 20% Down to Buy Your Home NOW!

Buying Myths, Down Payments, First Time Home Buyers, For Buyers /

You DO NOT Need 20% Down to Buy Your Home NOW! | Simplifying The MarketThe Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that the main reason why non-homeowners do not own their own homes is because they believe that […]

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Homes are More Affordable in 44 out of 50 States

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

Homes are More Affordable in 44 out of 50 States | Simplifying The MarketWith both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the housing boom and bust, we are in much better shape than […]

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