65% of respondents to a recent Wells Fargo survey feel homeownership is the American Dream, an accomplishment to be proud of and something they aspire to. 72% of them feel now is a good time to buy. But the survey also showed that consumers have misconceptions about credit & downpayments as related to buying a home, […]
Interest rates fluctuate on an ongoing basis – from rates in the teens in the 1980s to the low single digit rates of today. Not only are they low, but they have remained low for actually a very long time. (Currently creeping upward…) Buyers need to know what an opportunity this is – and how much […]
Buying a home can be an exciting time; sometimes a little scary and confusing, too. It is definitely more involved than finding a home on the internet and making a call or a contact with a real estate agent. You’ve got to prepare yourself by learning some of the terminology involved with buying a home […]
Real estate is cyclical… prices go up and down as does supply and demand. This post from several years ago also fits perfectly today: Buyers have to move fast and make some concessions. The small supply of homes on the lower price ranges does not meet demand. To what lengths will desperate house hunters go […]
“Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk.” — Armstrong Williams, entrepreneur Pay yourself first and save enough money for that downpayment on a house. Not only will you have a place of your own to personalize, your home can […]