Buying Myths Archives - Page 10 of 17

Is Homeownership Still Considered Part of the American Dream?

Post published:31 March, 2021
Post category:Buying Myths Demographics First Time Home Buyers For Buyers Millennials

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of…

2021 Real Estate Myth Buster [INFOGRAPHIC]

Post published:26 March, 2021
Post category:Buying Myths For Buyers For Sellers Housing Market Updates Infographics Pricing Selling Myths

Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s…

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

Post published:24 March, 2021
Post category:Buying Myths First Time Home Buyers For Buyers Housing Market Updates Move-Up Buyers Pricing

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some…

What Credit Score Do You Need for a Mortgage?

Post published:22 March, 2021
Post category:Buying Myths First Time Home Buyers For Buyers Move-Up Buyers

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are…

How Upset Should You Be about 3% Mortgage Rates?

Post published:9 March, 2021
Post category:Buying Myths First Time Home Buyers For Buyers Housing Market Updates Interest Rates Move-Up Buyers

Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day…

How Smart Is It to Buy a Home Today?

Post published:3 March, 2021
Post category:Buying Myths Down Payments First Time Home Buyers For Buyers Interest Rates Move-Up Buyers Pricing

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may…

What Are the Benefits of a 20% Down Payment?

Post published:1 March, 2021
Post category:Buying Myths Down Payments First Time Home Buyers For Buyers Move-Up Buyers

https://www.youtube.com/embed/flwT17NvY-M 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…

Are There Going to Be More Homes to Buy This Year?

Post published:25 February, 2021
Post category:Buying Myths Distressed Properties First Time Home Buyers For Buyers For Sellers Foreclosures Housing Market Updates Move-Up Buyers New Construction Selling Myths

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for…

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

Post published:23 February, 2021
Post category:Buying Myths First Time Home Buyers For Buyers Housing Market Updates Interest Rates Move-Up Buyers

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks…

47% of New Buyers Surprised by How Affordable Homes Are Today

Post published:11 February, 2021
Post category:Buying Myths First Time Home Buyers For Buyers Housing Market Updates Interest Rates Move-Up Buyers Pricing

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’s hard evidence that…