First Time Home Buyers Archives - Page 11 of 45

Homeowner Wealth Increases Through Growing Equity This Year

June 23, 2021 - General Information

Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home [...] Read More

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Monica Foster June 23, 2021

Pre-Approval Makes All the Difference When Buying a Home

June 22, 2021 - General Information

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high [...] Read More

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Monica Foster June 22, 2021

5 Things Homebuyers Need To Know When Making an Offer

June 21, 2021 - General Information

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer [...] Read More

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Monica Foster June 21, 2021

Owning a Home Has Distinct Financial Benefits Over Renting

June 18, 2021 - General Information

Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your [...] Read More

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Monica Foster June 18, 2021

Housing Wealth: The Missing Piece of the Affordability Equation

June 17, 2021 - General Information

The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this [...] Read More

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Monica Foster June 17, 2021

Hope Is on the Horizon for Today’s Housing Shortage

June 15, 2021 - General Information

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes [...] Read More

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Monica Foster June 15, 2021

Top Reasons To Own Your Home

June 4, 2021 - General Information

Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been [...] Read More

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Monica Foster June 4, 2021

6 Reasons to Celebrate National Homeownership Month

June 1, 2021 - General Information

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of [...] Read More

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Monica Foster June 1, 2021

How Misunderstandings about Affordability Could Cost You

May 27, 2021 - General Information

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some [...] Read More

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Monica Foster May 27, 2021

Buying a Home Is Still Affordable

May 26, 2021 - General Information

The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits [...] Read More

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Monica Foster May 26, 2021

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