by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates
Some Highlights:Interest Rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!Credit score requirements to be approved for a mortgage continue to fall. Source: KCM
by Brent Knapp | For Sellers, Senior Market
According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.As one participant in the study stated:“In retirement, you have the...
by Brent Knapp | First Time Home Buyers, For Buyers
The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8% higher than a year ago for the second straight month in June. That’s the strongest yearly price gain since 2007. This...
by Brent Knapp | First Time Home Buyers, For Buyers
Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of...
by Brent Knapp | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate...