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Aug 01, 2017 Be Careful Not To Get Caught In The Rental Trap!There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by ConsumerAffairs addressed the continuous rise in rents, stating: “The cost of putting a roof over your head continues to go
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Buyers frustrated by the soaring price tags attached to new homes finally got a bit of a break. Finally. The median price of a newly built home fell nearly 4.2% from May, to reach $310,800 in June, according to a joint report by the U.S. Census Bureau and U.S. Department of Housing and Urban Development. Prices were also down
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Jul 17, 2017 How To Buy A House In An Expensive AreaOwning a home is a financial goal for many Americans. For those who live in the most expensive real estate markets, like the New York City area, the D.C. area, the Boston area and pretty much the entire states of California and Hawaii, that goal may appear hopelessly out of reach. Median housing prices in these regions
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Jul 05, 2017 25 tips for first-time home buyersBuying a home can be nervewracking, especially if you’re a first-time home buyer. Not only is it probably the biggest purchase of your life, but the process is complicated and fraught with unfamiliar lingo and surprise expenses. To make the first-time home buying journey a little less stressful, 25 tips to help you navigate the
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Aspiring home buyers and sellers have become keenly aware that home prices are rising—reaching record heights in many parts of the U.S. But despite all the headlines and the bidding wars, the recovery from the housing bust hasn’t been felt equally in all parts of the country. It turns out that even with the national housing shortage
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The price of owning a brand-new home is falling. But although buyers are desperate for whatever homes they can afford, new-home sales were actually down in April, because there were fewer of them on the market—a number far short of meeting the demand by home buyers. Prospective homeowners scooped up just 569,000 brand-new homes April—a 11.4% drop
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