With the vast amount of misinformation circling about, it is not surprising that many potential homebuyers have been lead to believe that they need a 20% down payment, in order to buy a home or move on to their next. Despite the fact that it has absolutely no merit, this ...
Continue ReadingIn a great number of markets across the US, the quantity of Buyers intent on finding their dream home far outnumbers the amount of homes for sale. This lack of inventory has created a competitive marketplace where multiple offers on the same property is not an uncommon phenomenon. Quite the ...
Continue ReadingThe Takeaway The year 2016 saw the highest pace of sales nationally, since the highpoint of 2006, as 5.45 million existing homes were sold!! Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999. The US median price of ...
Continue ReadingEarlier this month, ATTOM Data Solutions, the USA’s largest fused property database, released its 2017 Rental Affordability Report. Its finding clearly denote that buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed. The report states the following: “making monthly house payments on ...
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