3 Year-End Steps For Every Renter

Couple looking at computer laptop

Along with year-end parties, comes New Year goal setting, right? It’s time to look forward and envision where you see yourself this time next year. Is owning a home on your list of goals?

Before you stumble upon that dream home while out looking at holiday lights, take these three simple year-end steps that will jump start your journey to homeownership.  You’ll be well on your way to a new home before that New Year’s Eve countdown begins.  keep reading

Is your rent too high?

The age old real estate question: Should you rent or buy?

It’s a question that many consumers debate and there’s no one right answer. From a pure economical standpoint, you can assess the market’s “rent gap,” or difference between the cost of owning and renting. In a negative rent gap, buying is the more affordable option and in a positive rent gap, you’re likely better off renting.

While homes today are still affordable, rising interest rates and home prices are preventing many buyers from saving for their down payment and getting into a home. Like most things in real estate, it’s all about location.    keep reading

Highest Offer Not Always the Best

Are you postponing buying a home because you think you have to have a huge down payment in order to compete in your market? We have some good news: perception is not necessarily reality.

More than half of the real estate agents surveyed by Redfin said the typical down payment for successful buyers in their market was less than 20 percent. And, one in four said a down payment between 3 and 5 percent was typical among successful buyers. keep reading