Smaller Homes, Bigger Opportunities: The Homebuilder Trend Buyers Love

It’s no secret that affordability is tough with where mortgage rates and home prices are right now.

It’s no secret that affordability is tough with where mortgage rates and home prices are right now.
You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions.
Even though asking home prices rose 7.0% in the last year, outpacing rent increases of 3.2%, the gap between buying and renting has narrowed only slightly. One year ago, buying was 46% cheaper than renting. Today’s it’s 44% cheaper to buy versus rent. In fact, homeownership is cheaper than renting in all of America’s 100…
Have you ever wondered how long you might have to wait after Bankruptcy, Foreclosure, or Short Sale before you can purchase your new home? Check out the chart and see how long a lender will require you to wait before you can borrow again. Link to the PDF here: http://sunshineguru.com/wp-content/uploads/2013/11/Derog-Credit-Chart-Fisher-Darrow.pdf Interestingly, I recently had a…
Planning to buy a home soon? Why not go for something brand-new?
Even if you didn’t own a home at the time, you probably remember the housing crisis in 2008.
If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand.