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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!The credit score requirements for mortgage approval continue to fall. Source: KCM
by Brent Knapp | First Time Home Buyers, For Buyers
Many Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they owed additional money to either the Federal or State government or both. One way to save on taxes is to own your own...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
Forbes.com recently released the results of their new American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.”The monthly index measures several different economic factors, including...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.The BH&J Index is a...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Millennials, Move-Up Buyers
Some Highlights:‘Millennials’ are defined as 18-36 year olds according to the US Census Bureau.According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old.More and more ‘Old Millennials’ (25-36 year...
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
The media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to Freddie Mac). However, a less covered aspect of the mortgage market is that requirements to get a mortgage have eased...
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