Category: Move-Up Buyers

    • The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

      Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wa...
      Written by Denise Zervos
    • Housing Market: Another Gigantic Difference Between 2008 and 2018

      Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis. However, there is a major difference between the two markets. Last […]
      Written by Denise Zervos
    • Have You Outgrown Your Starter Home?

      For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. It may seem hard to imagine that the first home you purchased (which […]
      Written by Denise Zervos
    • Are You Thinking of Selling Your Home? Competition Is Coming!

      The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. […]
      Written by Denise Zervos
    • 5 Reasons to Hire a Real Estate Professional Before Entering the Market!

      Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate professional to guide you on the path to […]
      Written by Denise Zervos
    • Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!

      In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.”  Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the intention of paying it off in 25, 20 or ideally, […]
      Written by Denise Zervos
    • Home Buying Myths Slayed [INFOGRAPHIC]

      Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months!
      Written by Denise Zervos
    • Are Lending Standards Propping Up Home Prices?

      Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may be employing these […]
      Written by Denise Zervos
    • Buying Is Now 26.3% Cheaper Than Renting in the US

      The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent […]
      Written by Denise Zervos