by DeAnna Morgan | Dec 4, 2018 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy, Senior Market
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner...
![Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]](https://mortgagesbydeanna.com/wp-content/uploads/2018/11/20181130-Share-STM.jpg)
by DeAnna Morgan | Nov 30, 2018 | First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...
by DeAnna Morgan | Nov 29, 2018 | For Buyers, For Sellers, Housing Market Updates
Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are...
by DeAnna Morgan | Nov 29, 2018 | For Buyers, For Sellers, Housing Market Updates
In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy. According...
by DeAnna Morgan | Nov 29, 2018 | First Time Home Buyers, For Buyers, Move-Up Buyers
Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting...
by DeAnna Morgan | Nov 8, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy
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...
