Bottom Line:Buying a home makes sense socially and financially. If you are one of the many renters out there who would like to evaluate your ability to buy
Bottom Line:With each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5%, (in this example, $6,250).
Some Highlights: Historically, the choice between renting or buying a home has been a close decision. Looking at the percentage of income needed to rent
Bottom LineHomes across the country are appreciating at different rates. If you plan on relocating to another state and are waiting for your home to apprec
Debating Purchasing A Home If you are debating purchasing a home right now, you are probably getting a lot of advice.
Bottom Line: Speak with your lender and agent early and often to determine how much you’ll be responsible for at closing.
Bottom Line: Before you decide to take on the challenges of selling your house on your own, sit with a real estate professional in your marketplace and see
Some Highlights: Existing home inventory is down 10.1% from last year. A lack of inventory explains the modest increase in home sales (0.8%).