The post The Cost of Renting vs. Buying a Home [INFOGRAPHIC] appeared first on Keeping Current Matters.
Month: November 2018
Wage Increases Make Home Buying More Affordable
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.
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Home Sellers in Q3 Netted $61K at Resale
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.
Are Homeowners Renovating to Sell or to Stay?
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.
How to Honor a Veteran Today and Everyday
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.
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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 & 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.
75% of Renters Have Been Misinformed
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.
Why Has Housing Supply Increased as Sales Have Slowed Down?
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.
5 Tips When Buying a Newly Constructed Home
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.