In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage of income a renter spends on housing in each state, and the amount needed for a 10% down payment, they were able to establish how long (in years) it would take for an average resident to save.
How Long Do Families Stay in a Home? These homeowners are ready to make a move. Since the lack of housing inventory is a major challenge in the current housing market, this could be great news. See full blog, click here
This is for the dear family members that I used to think so highly of and loved dearly. Shane has been telling me for years that she hates me, NO WAY did I believe him. I was too busy doing things for them and enjoying being with them. Come to find out she has been talking badly about me behind my back :( for years. The other one - he just lies, steals and cheats. Isn't life tough enough?
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! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.
A recent survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today.
**People are turning to new construction homes to find their dream home for many reasons including the lack of existing homes for sale. Call/text or message today for a list of local new construction communities 253-208-5449.** #GlenSchofieldRealEstate
217,726 Reasons to Buy a Home Now! ("The inaugural Opportunity Cost Report was released recently by realtor.com. The report explained that 'with interest rates and home prices expected to climb in the next year, the financial penalties of delaying or forgoing a home purchase in today's market have become very steep'") [assuming you can truly afford to buy, of course!] #ggda