For the majority of first-time buyers, saving for a down payment is considered the most difficult step in the home-buying process. However, it's actually a common misconception that you always need 20% down to purchase a home. First-time home buyers: You're even closer to a down payment than you ... » Learn More about First-time homebuyers: You’re even closer to a down payment than you believe
Buying a home
Nonprime loans widen mortgage choices
Subprime mortgages - which were blamed for sparking the last housing crisis - are reappearing, but this time they're dubbed nonprime loans. This lending option, which carries new quality standards, is growing for buyers with damaged credit. Nonprime loans widen mortgage ... » Learn More about Nonprime loans widen mortgage choices
5 Budgeting Recommendations For Buying a Home
Buying a home is going to be one of the largest financial transactions you make, and preparing your finances beforehand will make the home buying process far less stressful. The following recommendations and expert insight will assist you to get your budget in order prior to making the important ... » Learn More about 5 Budgeting Recommendations For Buying a Home
April 2018 RE/MAX National Housing Report
Rising Prices, Fewer Sales Driven by Record-Breaking Low Inventory. If you are searching for a new home, odds are you’re not finding many homes on the market. If you’re a seller, you might have likely noticed the value of your home is rising - regardless of what area of the country you are located ... » Learn More about April 2018 RE/MAX National Housing Report
Spring will not be attractive for first-time buyers
A lack of homes and surging prices are hitting first-time buyers particularly hard heading into the spring season. The share of first-time homeowners dropped to 29% of all existing-home sales in January, down from 33% this past year, as reported by the latest housing report from the National ... » Learn More about Spring will not be attractive for first-time buyers
