There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in […]
Browsing Category: For Buyers
For Buyers / For Sellers / Infographics / Move-Up Buyers
What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]
Some Highlights: The majority of states in the Midwest and South offer a lower cost of living than states in the Northeast and West. The ‘biggest bang for your buck’ comes in Mississippi where, compared to the national average, you can actually purchase $115.74 worth of goods for $100. For more information regarding the methodology […]
Down Payments / First Time Home Buyers / For Buyers / Millennials / Move-Up Buyers
Having Trouble Saving Enough for Your Down Payment? Crowdfund It!
You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the fact that many couples live […]
Buying Myths / For Buyers / For Sellers / Selling Myths
5 Real Estate Reality TV Myths Explained
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting. When you’re in the middle of your real […]
First Time Home Buyers / For Buyers / Move-Up Buyers / Rent vs. Buy
The Net Worth of a Homeowner is 44x Greater Than A Renter!
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, […]