Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear. Every market is different. Before you renew your lease, find out if you can put your housing costs to work … [Read more...] about The Cost of Renting vs. Buying a Home [INFOGRAPHIC]
Infographics
VA Home Loans by the Numbers [INFOGRAPHIC]
Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership. In 2018, $161 billion was loaned to veterans and their families through the program. In the same year, the average loan amount was $264,197 and 610,513 loans were … [Read more...] about VA Home Loans by the Numbers [INFOGRAPHIC]
The Difference an Hour Will Make This Fall [INFOGRAPHIC]
Every Hour in the U.S. Housing Market: 614 Homes Are Sold 95 Homes Regain Positive Equity Median Home Values Go Up $1.38 … [Read more...] about The Difference an Hour Will Make This Fall [INFOGRAPHIC]
Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]
Some Highlights: Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process: 71% of buyers who purchased homes have put down less than 20%. 78.1% of loan applications were approved last month. In … [Read more...] about Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]
Homes Are Selling Quickly [INFOGRAPHIC]
Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions. Homes across … [Read more...] about Homes Are Selling Quickly [INFOGRAPHIC]