First Time Home Buyers Archives - Page 8 of 44

Important Distinction: Homes Are Less Affordable, Not Unaffordable

October 21, 2021 - General Information

It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, [...] Read More

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Monica Foster October 21, 2021

Homebuyer Tips for Finding the One

October 15, 2021 - General Information

Some Highlights The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace compromises during your [...] Read More

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Monica Foster October 15, 2021

Don’t Wait for a Lower Mortgage Rate – It Could Cost You

October 12, 2021 - General Information

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity [...] Read More

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Monica Foster October 12, 2021

Experts Agree: Homeownership Provides a Path to Long-Term Wealth

October 11, 2021 - General Information

A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride [...] Read More

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Monica Foster October 11, 2021

111,285 Reasons You Should Buy a Home This Year

October 7, 2021 - General Information

The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the [...] Read More

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Monica Foster October 7, 2021

What Do Supply and Demand Tell Us About Today’s Housing Market?

October 6, 2021 - General Information

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of [...] Read More

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Monica Foster October 6, 2021

The Main Key To Understanding the Rise in Mortgage Rates

October 5, 2021 - General Information

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three [...] Read More

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Monica Foster October 5, 2021

As Home Equity Rises, So Does Your Wealth

October 1, 2021 - General Information

Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term [...] Read More

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Monica Foster October 1, 2021

Reasons Renters Buy

October 1, 2021 - General Information

Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. [...] Read More

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Monica Foster

Early October is the Sweet Spot for Buyers

September 28, 2021 - General Information

Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what [...] Read More

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Monica Foster September 28, 2021

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