Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages.
The post Wage Increases Make Home Buying More Affordable appeared first on Keeping Current Matters.
According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232.
The post Home Sellers in Q3 Netted $61K at Resale appeared first on Keeping Current Matters.
Over the past few years, two trends have emerged in the housing market:
Home renovations have shot up
Inventory of homes available for sale on the market has dropped
The post Are Homeowners Renovating to Sell or to Stay? appeared first on Keeping Current Matters.
One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then, later on, became Veterans Day.
The post How to Honor a Veteran Today and Everyday appeared first on Keeping Current Matters.
The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership.
In 2017, $189 billion was loaned to veterans and their families through the program.
VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.
The post VA Home Loans by the Numbers [INFOGRAPHIC] appeared first on Keeping Current Matters.
Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a major part of the American Dream – owning a home.
The post 75% of Renters Have Been Misinformed appeared first on Keeping Current Matters.
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers.
The post Why Has Housing Supply Increased as Sales Have Slowed Down? appeared first on Keeping Current Matters.
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.
The post 5 Tips When Buying a Newly Constructed Home appeared first on Keeping Current Matters.
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that,
The post 2 Myths Holding Back Home Buyers appeared first on Keeping Current Matters.