Feeling Squeezed by Higher Rents? It Might Be Time to Consider Buying Your First Home

Home Buyer Tips , ,
With the cost of rent going up across the board and becoming even less affordable in metropolitan centers, it's never been a better time to seriously consider home ownership. While the price of a home and all the associated costs can certainly seem like a tight squeeze after years of renting, here are some reasons you may want to consider giving up your rental and springing for a home instead. It's An Automatic Savings It's a sure bet that the money you spend on rent is going down the drain as soon as the month is over, but investing your…
Read More

What’s Ahead For Mortgage Rates This Week – August 1, 2022

Financial Reports , ,
Last week’s economic news included readings on home price growth, new and pending home sales, and inflation. Weekly reports on mortgage rates and jobless claims were also released. S&P Case-Shiller: Home Price Growth Slows in May Home prices rose at a slower pace in May according to the S&P Case-Shiller National Home Price Index. Year-over-year home prices rose by 19.70 percent in May as compared to April’s year-over-year reading of 20.60 percent in home price appreciation. Tampa, Florida led S&P Case-Shiller’s 20-City Home Price Index with 36.10 percent year-over-year home price growth. Miami, Florida followed with 34.00 percent home price…
Read More

Buying A Home That’s Not For Sale

Homebuyer Tips , ,
You’re ready to purchase a home, but you’ve looked at everything on the market and can’t find the perfect place. You’ve researched the school districts, neighborhoods and nearby amenities, and you know exactly in which area you want to live. However, anything that comes on the market in that part of town gets snapped up immediately. It’s time to get creative when it comes to buying a home. Start looking at places that are not currently for sale. You might have driven past your dream home, but you never thought of going the unconventional buying route. Well, take a look…
Read More