by Jason Richardson | Jul 9, 2019 | Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing...
![What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]](https://richardsonlending.com/wp-content/uploads/2019/06/20190607-Share-KCM-549x300.jpg)
by Jason Richardson | Jun 9, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Rent vs. Buy
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020. CoreLogic predicts...
by Jason Richardson | Jun 3, 2019 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Rent vs. Buy
Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue...
![The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]](https://richardsonlending.com/wp-content/uploads/2019/05/20190503-Share-KCM-571x300.jpg)
by Jason Richardson | May 3, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Rent vs. Buy
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice...
![Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]](https://richardsonlending.com/wp-content/uploads/2019/04/20190412-Share-KCM-549x300.jpg)
by Jason Richardson | Apr 12, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing, Rent vs. Buy
Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit...
by Jason Richardson | Feb 27, 2019 | First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date...
