Tagged : home buying

Found 3 blog entries tagged as "home buying".

Occasionally, buyers who can qualify to purchase a home decide to "take a break" and wait to purchase a home.  When the focus of buying a home is relaxed, other uses for the money that was going to be used for the home are considered.

Maybe they think how much fun it would be to have a Sea Doo or a motorcycle or a new car.  It is amazing how many people would like to buy a home but either don't have the down payment, the income or the good credit to make it possible.

Instead of spending the money, consider investing the money for two years until the time is right to buy a home.  Let's look at putting the money in a certificate of deposit that earns 2% or in the stock market that could average a 5% return.

Assume you were purchasing a $295,000

47 Views, 0 Comments

Home Buyers are Optimistic About Homeownership!

Home Buyers are Optimistic About Homeownership! | MyKCM

When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home purchase!

Most homebuyers start by listening to the news to hear what is being said about the real estate market. They check with family and friends about their experience. They spend time online reading reviews about their desired neighborhood.

The challenge is that comments from the news and those closest to us can contradict the data and reports. One source says one thing, while another

51 Views, 0 Comments

Passing along a great article I read on Inman yesterday.  We are seeing more renters venture into home ownership which is a very good option for Chandler home buyers!

 

 

Renters caught between rock and hard place

Report finds that rents are rising faster than wages, and slower than home prices

 

  Key Takeaways
  • Buying a home is actually more affordable than renting in more than half, or 58 percent, of the country’s markets.
  • Rents are outpacing weekly wage growth in 57 percent of markets, and home price appreciation is outpacing rent growth in 55 percent of markets.

With rents continuing to outpace wages and home prices rising even faster than rents, “renters in 2016 will be caught between a

535 Views, 0 Comments