Money issues often stand in the way of home-ownership. Market research by rental service Apartment List discovered that 80% of millennial renters want to purchase a home, but the majority say they are unable to afford to. What you may not realize is that many first-time home buyer programs and ... » Learn More about 9 grants and services which will help obtain a first home
Buying A Home? Find A Local Expert To Help You
Are 5,000-Square-Foot Homes Too Large?
The share of new homes which are 5,000 square feet or larger is dropping. It’s now at its lowest point since 2012, throughout the Great Recession. The percentage has dropped from 3.9% in 2015 to 3.1% in 2016. In absolute terms, that’s 28,000 units reduced to 24,000, respectively, in accordance with ... » Learn More about Are 5,000-Square-Foot Homes Too Large?
December 2017 RE/MAX National Housing Report
Sales Up Despite Several years of Rising Prices, Falling Inventory November has become the sixth month of 2017 to post a rise in year-over-year home sales, bucking prolonged trends of home price increases and inventory declines, as reported by the December RE/MAX National Housing Report. December ... » Learn More about December 2017 RE/MAX National Housing Report
90% of US Counties Will Receive FHA Loan Limit Boost
Loan limits are going to be rising in 2018 for loans guaranteed by the FHA. The Department of Housing and Urban Development (HUD) announced on Thursday that it was boosting limits for those loans in more than 3,000 counties. This provides FHA loans consistent with those of Fannie Mae and Freddie ... » Learn More about 90% of US Counties Will Receive FHA Loan Limit Boost
Have to have flood insurance? Procedure could actually become challenging
The National Flood Insurance Program (NFIP) is scheduled to expire Friday night if Congress doesn't act, a lapse which may roil real estate markets and inject uncertainty into the lives of homeowners in flood-prone areas. Lawmakers on Capitol Hill are eyeing a short lived, two-week extension of ... » Learn More about Have to have flood insurance? Procedure could actually become challenging
