The Takeaway: The most recent Quarterly Home Price Index report was released by The Federal Housing Finance Agency (FHFA). The report examined homes prices throughout the US, both at a State and Regional level. It found that ALL States, except for Alaska, Delaware, West Virginia & Wyoming saw an increase ...
Continue ReadingHere are just a few of the reasons why waiting to buy is likely not in your best interest: 1. Mortgage Interest Rates Are Projected to Increase Freddie Mac’s mortgage survey indicates that interest rates for a 30-year mortgage have hovered around the 4.2% mark over the last two months. ...
Continue ReadingGreat, so you are ready to buy a home!! With so much misinformation circulating on the web, online forums and in general conversation with others, let’s have a quick look at what you can do to make sure that your dream home purchase do not get derailed by some all ...
Continue ReadingThe Takeaway: There may have been times in our history where renting was a cheaper option that buying, but that time is certainly NOT now. The above graphic clearly demonstrates that the percentage of income needed to rent a median-priced home today is at a national average of 30%(of ...
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