Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC] Some Highlights: Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month. The inventory of existing homes is still below the 6-month supply needed for
Month: November 2018
7 Reasons to List Your House For Sale This Holiday Season
7 Reasons to List Your House For Sale This Holiday Season Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.
Wage Increases Make Home Buying More Affordable
Wage Increases Make Home Buying More Affordable Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is for them to afford to own a
The Cost of Renting vs. Buying a Home
The Cost of Renting vs. Buying a Home [INFOGRAPHIC] Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. Every market
5 Tips When Buying a Newly Constructed Home
5 Tips When Buying a Newly Constructed Home The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5 tips
VA Home Loans by the Numbers
VA Home Loans by the Numbers [INFOGRAPHIC] Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership. In 2017, $189 billion was loaned to veterans and their families through the