![Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]](http://www.santaclaritalender.com/wp-content/uploads/2019/04/20190412-Share-KCM-549x300.jpg)
by Linda Richardson | Apr 12, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing, Rent vs. Buy
Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit...
by Linda Richardson | Mar 25, 2019 | Down Payments, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year. Tax refunds are often thought of...
![3 Tips for Making Your Dream of Buying A Home Come True [INFOGRAPHIC]](http://www.santaclaritalender.com/wp-content/uploads/2019/02/20190222-Share-KCM-549x300.jpg)
by Linda Richardson | Feb 22, 2019 | Down Payments, First Time Home Buyers, For Buyers, Infographics
Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it. Living within a budget right now will help you save money for down payments while also paying down other...
by Linda Richardson | Feb 5, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. In combination with...
by Linda Richardson | Nov 5, 2018 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017...
by Linda Richardson | Oct 30, 2018 | Down Payments, First Time Home Buyers, For Buyers, Rent vs. Buy
Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the...
