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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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
March 26, 2018

Dreaming of a Luxury Home? Now's the Time!

Dreaming of a Luxury Home? Now's the Time! | Keeping Current Matters

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control …

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Posted in Buying a home
June 11, 2017

Over Half of All Buyers Are Surprised by Closing Costs

Over Half of All Buyers Are Surprised by Closing Costs | Keeping Current Matters

According to a recent survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage.

After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another …

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May 18, 2017

Do You Know the Cost of NOT Owning Your Home?

 

Do You Know the Cost of NOT Owning Your Home? | Keeping Current Matters

Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.

Zillow recently reported that:

“With Rents continuing to climb …

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Posted in Buying a home
May 11, 2017

Do You Know the Cost of Waiting?

Do You Know the Cost of Waiting? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
  • Freddie Mac predicts that interest rates will increase to 4.8% by this time next year …
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Posted in Buying a home
May 4, 2017

Financial Planning: 4 Reasons to Buy a House Today

 

Financial Planning: 4 Reasons to Buy a House Today | Keeping Current Matters

Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educationalhealthsocial) that far transcend any economic impact. However, we want to look at several of the …

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Posted in Buying a home
Jan. 30, 2017

Will Housing Affordability Be a Challenge in 2017?

Will Housing Affordability Be a Challenge in 2017? | Keeping Current Matters Some industry experts are saying that the housing market may be heading for a slowdown in 2017 based on rising home prices and a jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR …
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Posted in Buying a home
Jan. 26, 2017

Buying a Home is More Affordable Than Renting in 66% of US Counties

 

Buying a Home is More Affordable Than Renting in 66% of US Counties | Keeping Current Matters

According to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed.

The report found that “making monthly house payments on a median-priced home — including mortgage, property taxes and insurance — is more …

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Jan. 12, 2017

Is This the Year to Move Up to Your Dream Home? If So, Do it Early

 

Is This the Year to Move Up to Your Dream Home? If So, Do it Early | Keeping Current Matters

It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys:

  1. The University of Michigan Consumer Sentiment Index
  2. National Federation of Independent Businesses' Small Business Optimism Index
  3. CNBC All-America Economic Survey
  4. The …
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Posted in Buying a home