Over the course of last year, many people debated purchasing a home, but ultimately did not. Let’s look at whether the decision to wait to buy made sense financially. What happened in 2014? The 30 year fixed rate on January 2, 2014 was 4.53% as reported by Freddie Mac. Looking at the chart below, the monthly mortgage …
Category Archive: First Time Homebuyers
Dec 19
Buying a Home with Only 3% Down Payment
Yes, you can buy your new home with as little as a 3% down payment! There is a common misconception that many buyers have regarding the down payment necessary to purchase a home. Multiple studies reveal that 40-50% of Americans believe you need between 15-20% of a down payment to be eligible to purchase a home. …
Dec 16
New York Times: Homeownership is Best Way To Build Wealth
The New York Times recently published an editorial entitled, “Homeownership and Wealth Creation.” The housing market has made a strong recovery, not only in sales and prices, but also in the confidence of consumers and experts as an investment. The article explains: “Homeownership long has been central to Americans’ ability to amass wealth; even with …
Nov 14
Engaged to be married? Say ‘I Do’ to Your New Home!
Forget the toasters and champagne flutes: More engaged couples are doing a different type of wedding registry that allows them to collect cash for a down payment on a home. It’s been reported that about 15 percent of registries are to raise down-payment funds for a home and another 15 percent are for home-improvement funds …
Sep 23
Home Price Slowdown
Good News for Home Buyers The growing signs of a slowdown in the housing market might be good news for home buyers. Slowing home prices—after the double-digit increases last year—mixed with still-low interest rates are making homes more affordable. Also, the supply of homes for sale today represents 5.8 months of demand, the most since …
Nov 03
Ten Reasons to Buy Your Home
Still wondering if it’s wise to buy your own home? Quality of life – a home provides stability and security for you and your loved ones, and membership within a community of neighbors. Pride of home ownership – a home is a personal haven, a place that you can decorate, shape, and share over time …
Aug 03
‘Seller Secrets’ Video
Just being on the market is not the same as being in the market. Check this video for tips about the most important factor for selling your home (surprise, surprise)… price. Learn how potential Buyers search on the web for their new home and interesting stats about home buying. You can’t afford to not check this …
Jun 14
Buying a new home… Is now the time?
We in the real estate community are often criticized for always seeming to have a Pollyanna attitude about the housing market. Some people believe that the industry’s current call ‘to buy now’ is nothing more than a scare tactic with the sole purpose of creating more commissions for Realtors. So, let’s take a look at …

