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Monthly Archives: October 2021

    Myth: Younger Generations Aren’t Interested In Homeownership

    By DJ & Lindsey | October 29, 2021

    There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their homeownership rates trailing... Read More

    111,285 Reasons You Should Buy a Home This Year

    By DJ & Lindsey | October 27, 2021

    The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key pathway to building wealth and narrowing the racial income and wealth... Read More

    Is a 20% Down Payment Really Necessary To Purchase a Home?

    By DJ & Lindsey | October 25, 2021

    There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle. That... Read More

    Two Reasons Why Waiting a Year To Buy Could Cost You

    By DJ & Lindsey | October 22, 2021

    If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself... Read More

    If You’re a Buyer, Is Offering Asking Price Enough?

    By DJ & Lindsey | October 20, 2021

    In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically negotiate... Read More

    4 Tips To Prep for Your Home Sale This Fall

    By DJ DellaSala | October 18, 2021

    Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your investment. Here are four simple tips to make sure you maximize the sale... Read More

    The Main Key To Understanding the Rise in Mortgage Rates

    By DJ & Lindsey | October 15, 2021

    Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam Khater, Chief Economist at Freddie Mac, explains:... Read More

    Experts Agree: Homeownership Provides a Path to Long-Term Wealth

    By DJ & Lindsey | October 13, 2021

    A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey, 41% of respondents say they’d rather own a home than... Read More

    Fact or Fiction: Homebuyer Edition

    By DJ & Lindsey | October 8, 2021

    Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly understand the real estate market and separate fact from fiction. Trust the pros. If you want to understand why... Read More

    The Truth About Today’s Buyer Demand

    By DJ & Lindsey | October 6, 2021

    When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect that buying or selling a home is a major... Read More