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Home Ownership Keys to Success for First-Time Homebuyers Keys to Success for First-Time Homebuyers Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some […]
Uncategorized Number of first-time Texas homebuyers declining AUSTIN (Texas Realtors) – Texas had fewer first-time homebuyers last year than in previous years, according to the Texas Realtors’ 2023 Texas Homebuyers and Sellers Report. New buyers accounted for 24 percent of homebuyers between July 2021 and June 2022, down from 32 percent the year before and 39 percent a decade ago. The median household income for Texas homebuyers was $110,000, $22,000 […]
Uncategorized Why Today’s Housing Market Isn’t Headed for a Crash Why Today’s Housing Market Isn’t Headed for a Crash 67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is […]
Uncategorized Reasons To Sell Your House This Season Reasons To Sell Your House This Season [INFOGRAPHIC] Some Highlights If you’re planning to make a move but aren’t sure if now’s the right time, here are a few reasons why you shouldn’t wait to sell your house. The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right now, and […]
Uncategorized Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back […]
Uncategorized Homeownership Is an Investment in Your Future There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for homeownership is strong. Many prospective buyers are […]
Uncategorized Mortgage Rates Will Come Down, It’s Just a Matter of Time Mortgage Rates Will Come Down, It’s Just a Matter of Time This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed […]
Uncategorized Top Questions About Selling Your Home This Winter Top Questions About Selling Your Home This Winter There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. Here are three of the top questions you may be asking – and the data that helps answer […]
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Uncategorized What’s Ahead for Mortgage Rates and Home Prices? What’s Ahead for Mortgage Rates and Home Prices? Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and […]
Uncategorized VA Loans: Making Homes for the Brave Achievable VA Loans: Making Homes for the Brave Achievable [INFOGRAPHIC] Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house. Homeownership is the American Dream. One way […]
Uncategorized Home Equity: A Source of Strength for Homeowners Today Home Equity: A Source of Strength for Homeowners Today Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing […]
Uncategorized What Happens to Housing when There’s a Recession? What Happens to Housing when There’s a Recession? Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and […]