Every day we are pleasantly surprised with the research coming forward regarding the Millennial generation. Whether it was the over-exaggeration of the student debt challenge, the misbelief that they are not yet ready to buy or the under estimation of their actual home purchases, evidence is beginning to debunk the myths many have held about […]
Fear of Low Down Payments Mostly Unwarranted
After it was announced that Fannie Mae and Freddie Mac would again make available mortgage loans requiring as little as a 3% down payment, many people showed concern. Were we going back to the lower qualifying standards of a decade ago that caused the housing market crash? Won’t lower down payments dramatically increase the default […]
4 Reasons to Buy Before Winter
It’s that time of year, the seasons are changing and with them bring thoughts of the upcoming holidays, family get togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don’t have to look much farther to find four great reasons to consider […]
5 Reasons You Shouldn’t For Sale by Owner
Some homeowners may consider trying to sell their home on without the assistance of a real estate professional, known in the industry as a For Sale by Owner (FSBO). We think there are several reasons this might not be a good idea for the vast majority of sellers. Here are five of our reasons 1. […]
Regulators Ease Up Rules on Mortgage-Lending
Regulators Ease Up Rules on Mortgage-Lending. As of Tuesday, regulators are agreeing to drop a proposed a 20% down-payment requirement, which is the norm for high-quality mortgages. Mortgage credit has been super-tight for years, preventing many folks with poor credit from securing a loan. Now, with mortgage-lending standards easing up in a slowing housing market, […]
Owning a home is still a goal for striving millennials
The dream of owning a home hasn’t lost its luster – especially for millennials. Although this group of folks aren’t in a hurry to buy a new home, per se, many of them still say they want to buy a home eventually. They will continue to rent and pay down student loans, and like everyone […]
