Buying a home

Aug. 12, 2018

Home Buying Myths Slayed [INFOGRAPHIC]?

Home Buying Myths Slayed [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • The average down payment for first-time homebuyers is only 6%!
  • Despite mortgage interest rates being over 4%, rates are still below historic numbers.
  • 88% of property managers raised their rents in the last 12 months!
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Posted in Buying a home
June 4, 2018

Top Reasons to Own Your Home

Top Reasons to Own Your Home [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • June is National Homeownership Month!
  • Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial.
  • What reasons do you have to own your own home?
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Posted in Buying a home
May 29, 2018

Renters Under 50 Want to Buy a Home!?

Renters Under 50 Want to Buy a Home! | Keeping Current Matters

Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing.

One of the many questions asked in the housing section of the survey was:

Assuming ...

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Posted in Buying a home
May 21, 2018

Is Your First Home Within Your Grasp Now?

Is Your First Home Within Your Grasp Now? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds.
  • According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.
  • More and more ‘old millennials’ (25-36) are realizing that homeownership is within their grasp now!
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Posted in Buying a home
May 21, 2018

Moving Up to Your Dream Home? Don't Wait!?

Moving Up to Your Dream Home? Don’t Wait! | Keeping Current Matters

Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true.

Where are home values today compared to the beginning of the ...

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Posted in Buying a home
May 7, 2018

What If I Wait Until Next Year to Buy a Home?

What If I Wait Until Next Year to Buy a Home? | Keeping Current Matters

We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market.

As a seller, you will likely be most concerned about ‘short-term price’ – where home values are ...

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Posted in Buying a home
May 6, 2018

How Much Has Your Home Increased in Value Over the Last Year??

How Much Has Your Home Increased in Value Over the Last Year?

How Much Has Your Home Increased in Value Over the Last Year? | Keeping Current Matters

Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.7% year-over-year.

CoreLogic broke down appreciation even further into four ...

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Posted in Buying a home
April 20, 2018

Rising Prices Help You Build Your Family's Wealth?

Rising Prices Help You Build Your Family’s Wealth | Keeping Current Matters

Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

So, what does this mean for homeowners and their equity position?

As an example, let’s assume ...

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Posted in Buying a home
April 14, 2018

The COST of Your Next Home Will Be LESS Than Your Parents' Home Was?

The COST of Your Next Home Will Be LESS Than Your Parents' Home Was | Keeping Current Matters

There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically.

The Difference Between ...

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Posted in Buying a home
April 11, 2018

US Housing Market Still In 'Buy Territory'!

US Housing Market Still In ‘Buy Territory’! | Keeping Current Matters

According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.

The BH&J Index is a quarterly report that attempts to answer ...

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Posted in Buying a home