Take a closer look at the storm that new homeowners in California and Florida are facing as insurance companies deny writing insurance policies. Understand the vulnerabilities caused by this crisis, learn about the reasons driving policy denials, and explore actionable steps to protect yourself in the face of this insurance crisis. Thousands of people in […]
Real Estate Advice for First-Time Homebuyers
A First-Time Homebuyer is by definition someone or several people who purchase a home for the first time.
These articles can help guide you through the process and provide crucial information to those who are inexperienced in the home buying experience.
Be sure to read our featured article First-Time Home Buyer Tips
How to Become a Homeowner on a First-Time Buyer’s Budget
It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers […]
5 Questions to Ask Before Purchasing Your First Home
Buy Now or Rent Longer? Should you buy a home now, or should you continue to rent an apartment or house? Let’s go over some considerations before you decide. Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s […]
New Build or Existing Home: Which One Is Right for You?
Thinking about buying a new home? You have a choice between a resale home or a new home from a home builder. Homebuyers today are facing a huge dilemma. There simply aren’t enough resale homes for sale.1 Nationwide, there were 1.27 million active listings in September 2021, down 13% from the previous year. According to […]
A Competitive Credit Score Saves Big When Actually Buying a Home
Your Credit Score is incredibly important when you plan to buy a house or refinance a home mortgage. Yet this is one of the most overlooked parts of a home buying plan. The challenge is to start well ahead of the actual purchase of a home so you can position yourself in the best possible […]
Where is the Real Estate Market Really Headed? 5 Factors That Reveal All
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country. News website The Atlantic summarized the sizzling home […]
Lowest Mortgage Rates in History: What It Means for Homeowners and Buyers
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, they haven’t always […]
