Maximizing a home down-payment tends to make sense: The larger the down payment, the cheaper the monthly mortgage bill and the better the possibility of building equity quicker. Home down-payment shouldn’t destroy buyers’ budget But putting an excessive amount down could ... » Learn More about Down-payment shouldn’t destroy budget
Moving
Home options determined by …
An array of factors play a role in millennial decisions to move to specific areas, and regardless of whether they remain in their home for an extended period or relocate soon after arrival. Millennial home options determined by affordability & jobs A location's job ... » Learn More about Home options determined by …
A Strategy for First-Time Home-buyers
If you’re a first-time home-buyer who has succeeded in saving enough for a down payment on your very first home - congratulations! You did your homework prior to starting your home search and realized you don’t need 20% for a down payment on your first home. You’ve tackled one of the hardest ... » Learn More about A Strategy for First-Time Home-buyers
Millennials bypass the ‘starter home’
Millennials have waited longer than past generations to leap into home-ownership. And, while they wait, that has apparently ratcheted up their expectations over what that first home may be like for when they finally dive right in. 45% of millennials want to bypass the ‘starter ... » Learn More about Millennials bypass the ‘starter home’
Cash-Strapped Consumers
Anyone who has ever saved the cash for a down payment for a home knows it’s tough - specifically for first-time home-buyers. In 2018, the National Association of Realtors (NAR) discovered that for 13% of first-time home-buyers, said the most challenging component of the home-buying process was ... » Learn More about Cash-Strapped Consumers