Tag Archives: Buying
Talking Points
More millennials entering their prime homebuying years, rising household formation, and continued job gains boosting overall demand are expected to be behind the slight increase in existing-home sales in 2017, according to a residential...
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Housing is now unaffordable in many rural parts of California
Source: KPCC Radio Inland, rural parts of California are becoming increasingly unaffordable too, according to a new report by the McKinsey Global Institute. The report found it is nearly as expensive to live in Watsonville, a small farming...
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Return of house flipping eases housing crunch in some states
Source: Chicago Tribune While house flipping helped fuel the housing crisis a decade ago, industry experts say a current wave of house flipping is helping to ease a shortage of affordable housing in some parts of the country. The...
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Before you buy that home, avoid utility bill shock
Source: CNBC Housing affordability isn't just about your monthly mortgage or rent payment. Utility bills can also add up. Median spending on utilities is $2,715 per year – or $226 per month – for single-family homes,...
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10 priciest metros where buyers can score the most down payment...
Source: Realtor.com Trying to buy a first home in some of the most expensive housing markets is difficult as you try to save enough money for a down payment. What many would-be home buyers don’t realize is there is a tremendous amount...
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Immigrants are closing gap in homeownership
Source: USA Today Immigrants are gaining on U.S.-born residents in homeownership, a positive development that’s likely enhancing their contribution to the economy, a Trulia study shows. Half of immigrants in the country owned homes last year,...
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