by Linda Richardson | Dec 11, 2018 | Featured, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart...
by Linda Richardson | Dec 11, 2018 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy, Senior Market
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner...
by Linda Richardson | Dec 11, 2018 | Featured, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that...
![Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]](http://www.santaclaritalender.com/wp-content/uploads/2018/12/20181130-Share-STM.jpg)
by Linda Richardson | Dec 11, 2018 | First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...
by Linda Richardson | Nov 6, 2018 | First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction
The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5...
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...
