by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget. Interest rates are at their lowest in...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights: 95% of first-time homebuyers are willing to sacrifice to make homeownership a reality. The top item that buyers sacrifice is new clothes, at 54%. Even repeat or experienced buyers say they sacrificed taking a vacation or buying a new car to buy their...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights: After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories. Median existing home prices surged for the 62nd straight month, up 6.0% over last year to...
by Brent Knapp | For Buyers, For Sellers, Infographics
Some Highlights:In a recent Harris Poll, Americans listed “change in climate/weather” as their top reason for wanting to relocate.41% would move for a “better job opportunity.”Being closer to loved ones filled out 3 of the top 6 reasons why Americans move....
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights:Many buyers are purchasing a home with a down payment as little as 3%.You may already qualify for a loan, even if you don’t have perfect credit.Take advantage of the knowledge of your local professionals who are there to help you determine how...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Pricing
Some Highlights: The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.Freddie Mac predicts that interest rates will increase to 4.8% by this time next year,...