Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the household to save money for the future while comfortably covering other expenses. […]
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According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners but are able to as well! If you fall into this category, the best news is you can buy a with a low down payment. Now that the largest generation since […]
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Fall is a great time to make a move. If you’re ready to buy a house this fall, here are four great reasons to consider buying a home today instead of waiting: 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 months. The […]
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There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage which begs the rent vs. buy question in Northern Colorado. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a […]
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Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country including some of the real estate prices in Northern Colorado. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of […]
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You read that right! First-time buyers across the country are finding creative ways to get a down payment and The Eusea Team is here to help you with a couple of them! Many couples are asking their wedding guests to contribute to their “Down Payment Fund or Registry” rather than fulfilling a traditional registry. This […]
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