According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that “16 of the 23 metropolitan markets investigated moved in the direction of buy territory.” The BH&J Index is a quarterly report that attempts […]
71% of student loan debtors say it delays ownership
According to an NAR survey designed to gauge severity of the problem, half of those debtors think the delay will be at least five years, says VP Sherri Meadows. Source: Florida Realtors
Harvard: 5 Reasons Why Owning A Home Makes Sense Financially
We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own a home differ for each buyer, but there are many basic similarities. Eric Belsky is the Managing Director of the Joint Center of Housing Studies (JCHS) at Harvard University. He authored a paper on homeownership titled – The Dream […]
Housing economists: Mixed picture over coming year
It’s murky: Some signs point to a strong real estate boom, said experts at a recent convention of real estate editors. But other signs suggest potential problems. Source: Florida Realtors
Home Prices Up 5.67% Across The Country! [INFOGRAPHIC]
Some Highlights: Across the country, home prices are up by 5.67%. Each state is appreciating at a different rate, however, which is important to realize if you plan on relocating to a different state. Regionally, prices have appreciated year-over-year by as high as 8.15%. Source: Luxury Market News
Serious About Home Buying? Get Pre-Approved
In many markets across the country, the amount of buyers searching for their dream home greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved […]
Downpayment assistance programs keep on giving
With downpayment assistance, it’s not just about dollar value. By lowering the total mortgage amount, some Fla. owners can save $50K over the life of the loan. Source: Florida Realtors
Single Women Make Up 2nd Largest Home Buying Group
According to the National Association of Realtors’ (NAR) 2015 Profile of Home Buyers and Sellers, single women made up 18% of all first-time homebuyers last year, second only to married couples who made up 54% of total buyers. Whether they are young, single and no longer want to rent, or newly divorced, the amount of […]
Truth-in-lending disclosure to be tweaked in July
New lending disclosures went into effect last year, and CFPB has informally solved issues as they crop up, but CFPB says it plans to make some changes official. Source: Florida Realtors
Is Your First Home Within Your Grasp Now?
There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still others might think their current […]
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