Homebuyers
259 articles published
- Why a Condo Could Be Your Perfect First HomeIf you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry, and…
- This Is the Sweet Spot Homebuyers Have Been Waiting ForAfter months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for…
- Buying Beats Renting in 22 Major U.S. CitiesThat’s right, according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices have…
- Buy Now, or Wait?If you’re wondering if you should buy now or wait, here’s what you need to know. If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d…
- Why Buying Now May Be Worth It in the Long RunShould you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your…
- The Down Payment Assistance You Didn’t Know AboutBelieve it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close, fast (see graph below): Here’s what you…
- Lower Mortgage Rates Boost Your Buying PowerMortgage rates are trending down and that’s great news for your bottom line. As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power. If you put…
- Mortgage Rates Drop to Lowest Level in over a Year and a HalfMortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly payment…
- The Best Time To Buy a Home This YearA shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a…
- What To Know About Closing CostsNow that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your…
- What Mortgage Rate Are You Waiting For?You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit…
- How Mortgage Rate Changes Impact Your Homebuying PowerIf you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to…
- 3 Reasons to Move in Today’s Shifting MarketThe housing market is in a transition. And that gives you 3 key opportunities going into the fall. There are more homes actively for sale. Builders are motivated to sell, so a newly built home may be more achievable than you think. And…
- A Newly Built Home May Actually Be More Budget-FriendlyIf you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact,…
- Unlocking Homebuyer Opportunities in 2024There’s no arguing this past year has been difficult for homebuyers. And if you’re someone who has started the process of searching for a home, maybe you put your search on hold because the challenges in today’s market felt like too much…
- How To Determine if You’re Ready To Buy a HomeIf you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re…
- The Price of Perfection: Don’t Wait for the Perfect HomeIn life, patience is a virtue, but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn’t wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may be…
- Why Your Asking Price Matters Even More Right NowIf you’re thinking about selling your house, here’s something you really need to know. Even though it’s still a seller’s market today, you can’t pick just any price for your listing. While home prices are still appreciating in most areas,…
- Focus on Time in the Market, Not Timing the MarketShould you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered. If…
- Topic Question for the 06-24-24 Video Podcast of “Real Estate with Mr. G”Chase from Newark, New Jersey is a first-time homebuyer and asks if there are any down payment assistance programs. #Grants #HomeGrants #DownPaymentAssistance #DownPaymentsAssistancePrograms #RealEstatewithMrG
- What You Need to Know About Today’s Down Payment Programs [VIDEO PREVIEW]On the 6/24/24 Video Podcast of “Real Estate with Mr. G”, we will discuss, What You Need to Know About Today’s Down Payment Programs.There’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and…
- What You Need To Know About Today’s Down Payment ProgramsThere’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if…
- Savings Strategies Every First-Time Homebuyer Needs To KnowIf homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more. Here are a few…
- The Sweet Spot for Buying Luxury HomesIf you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why. There Are More Luxury…
- What To Expect if You Buy or Sell a Home This JuneJune is a busy month in the housing market because a lot of people buy and sell this time of year. So, if you’ve got a move on your mind and you’re looking to make it happen this month, here’s a snapshot of what you need to know to make…
- The Biggest Mistakes Buyers Are Making TodayBuyers face challenges in any market, and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider. But, there’s one way to avoid getting tripped up, and…
- How Many Homes Are Investors Actually Buying?Are big investors really buying up all the homes today? If you’re trying to find a house to buy, this may be something you’re wondering about. Maybe you’ve read about it or seen reels on social media saying investors buying all the homes…
- Worried about Home Maintenance Costs? Consider ThisIf one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes (a home that’s been lived in by a…
- Perhaps Consider a Condo for your First Purchase [INFOGRAPHIC]
- The Number of Homes for Sale Is IncreasingThere’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around. But things are starting to look up. There are more homes up for grabs this year. The graph…
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