When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance […]
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Whether you are a buyer searching for your first home, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading. Current mortgage interest rates are always changing, but the good news is they’ve begun to level off. Over the course of 2018, according […]
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The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. This study also looked at the Northern Colorado real estate market. Their latest edition sheds […]
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Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data from the United States Census […]
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The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.4% over last year. If you’re asking yourself, […]
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According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average tax refund of $2,840 this year when filing their taxes. This is down slightly from the average refund of $2,895, last year. A tax refund is often thought of as ‘extra money’ that can be used toward larger goals; for anyone looking to […]
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