by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights:The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.Freddie Mac predicts interest rates to rise to 4.6% by next year.CoreLogic predicts home...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
Whether you are considering the purchase of your first home or trading up to the home your family frequently fantasizes about, there are three crucial questions you must know the answer to:What is the minimum down payment required to purchase a home?What is the...
by Brent Knapp | First Time Home Buyers, For Buyers
The widespread myth that perfect credit and large down payments are necessary to buy a home are holding many potential home buyers on the sidelines. According to Ellie Mae’s latest Origination Report, the average FICO score for all closed loans in May was 724, far...
by Brent Knapp | First Time Home Buyers, For Buyers
The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:They want the opportunity to build equity.They want a stable and safe...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing
As a seller, you will be most concerned with the ‘short term price’ – where home values are headed over the next six months. As a buyer, you must be concerned not with price but instead with the ‘long term cost’ of the home.Many economists have pointed to Brexit...