Working remotely has changed how Americans spend their time at home. The home office has taken on new meaning, and homeowners are no longer looking for a house with a room like the kitchen or den that can double as a home office. Spending extra time at home and the [...]
Figuring out how much to offer on a home can be a delicate process. Homebuyers do not want to pay more for a home than it is worth. However, making an offer that is too low could result in missing out on the home altogether. Here are a few factors [...]
A recent Zillow survey of Millenials and Gen Zs found some interesting findings of their housing market sentiment. As economists reported, many spent their lockdown saving money and paying off loans. From April-June last year, Americans saved an incredible 25% of their disposable income, compared to 7.3% in 2019. Moreover, [...]
Buying a fixer-upper often comes with many challenges, but the finished product can be rewarding! For homebuyers, buying a fixer-upper can be a great opportunity to getting their dream home. However, there are many factors homebuyers should consider when purchasing a fixer-upper. Related: Renovations that Add the Most Value to [...]
Buying a home is one of life's most exciting experiences. However, financing a home purchase is solely fact-based, with lenders basing their decision on documentation. So, here are six basic requirements to finance your home purchase. Credit Score Many people who want to buy a home believe they need a [...]
Zillow’s recent analysis revealed the potential impact of President Joe Biden’s proposed tax credit for first-time buyers. According to Forbes, a $15,000 tax credit, which would be refundable and advanceable, could provide the ability for millions of renters to enter first-time homeownership. With housing affordability a concern for Congress, the [...]
According to the Urban Institute’s “Millennial Homeownership” report, Millennial homeownership is 8% lower than Gen X and Baby Boomers. With Millennials currently constituting America’s largest demographic, these lower generational ownership rates mean around 3.4 million fewer people are buying a home in the U.S. The postwar economic boom was a [...]
Buying a home can be stressful for both first-time and experienced homebuyers. Researching the market, filling out mortgage applications, and finding the right home all take time and effort. Here are six steps to follow when buying a home. Steps to Follow When Buying a Home #1 Find the Right [...]
Although housing prices are rising while the effects of COVID-19 are being felt in the market, Veterans are optimistic about homebuying in the 2021 housing market. According to the Veterans United Home Loans National Survey, approximately 1 in every 3 Veterans plans to buy a home this year. The [...]
Buying a home is one of the most significant decisions and investments a person can make. When an offer for a house is accepted, but before the sale is closed, a homebuyer should do their due diligence and get the home inspected. A home’s problems may not be immediately apparent [...]
