Moving from Renter to Homeowner? 3 Ways to Make the Transition Easier

So you’re finally making the leap. You’re getting out of the rent race, buying a house, and moving onward and upward. Congrats! Buying a home is a really big deal. It usually means more space, more freedom with your design and decor decisions, and more pride in your property.  But let’s not kid ourselves: [...]

By |2019-09-10T16:43:26-04:00September 11th, 2019|Categories: Home, Mortgage, Purchase|Tags: , |

Buying a Home Near Amazon’s HQ2 in Virginia? Be Prepared for Some Stiff Competition

When Amazon announced it was planning to build a second headquarters in North America, tons of cities put on their Sunday best and tried to woo the mega corporation. But, why? As Seattle Times columnist Danny Westneat put it, Amazon would undoubtedly be detonating a "prosperity bomb" in the winning city. He saw it [...]

By |2019-09-16T11:47:21-04:00September 8th, 2019|Categories: Purchase|Tags: , , , , , |

How Traditional Real Estate Commissions Have Changed (And What That Means for Buyers)

Though real estate agents have traditionally claimed between 2 and 3% of a home’s sale price, many of today’s pros are challenging this status quo, instead offering flat-fees, reduced commissions, and even commission rebates to homebuyers and sellers alike. The reason for this change of heart? It’s largely due to technology, which has allowed [...]

By |2019-09-04T11:34:58-04:00September 5th, 2019|Categories: Education, Purchase|Tags: , |

Single Female Homebuyers Are on the Rise: How to Help Your Loan App When Flying Solo

For the housing market, it’s all about the single ladies.  According to data from the National Association of REALTORS®, single females accounted for nearly one in five home purchases last year — double the share of their single male counterparts. The reasons vary, from later family formation to more income and education, but the [...]

By |2019-08-26T13:51:54-04:00August 26th, 2019|Categories: Mortgage, Purchase|Tags: , |

New Homebuyers Are Flocking to FHA Loans — Here’s Why

New home sales are on the rise, and many of those purchases? They’re being made with FHA loans. According to a recent analysis from the National Association of Home Builders, almost 18 percent of all new home sales were purchased with FHA mortgages last quarter — or about 32,000 home sales nationwide. That’s a [...]

By |2019-08-20T16:28:15-04:00August 21st, 2019|Categories: Mortgage, Purchase|Tags: , , |

The Cost of Waiting to Buy a Home

Renters often wonder if they can afford to buy a house. Most of the time, there’s a better question they should be asking: Can they afford NOT to? Let’s face it: renting is expensive. According to RENTCafe, national rents average more than $1,440 per month, and they’ve been growing steadily for nearly a full [...]

By |2019-08-05T13:22:00-04:00August 5th, 2019|Categories: Purchase|

9 Tips and Tricks for Winning a Bidding War

If you’re buying a home in a hot market or you’re just eyeing a super in-demand property, you very well might find yourself in a bidding war, competing with dozens of other offers, buyers and, in many cases, even investors. Fortunately, a bidding war doesn’t necessarily mean you’ll lose the property — nor does [...]

By |2019-07-29T12:43:46-04:00July 29th, 2019|Categories: Purchase|Tags: , , , |

Are You Ready to Be a Homeowner? 6 Questions to Ask Yourself

So you’re tired of the rent race. You’re sick of throwing money into the proverbial hole, and you want to start paying your own mortgage — not your landlord’s. But are you really ready? You see, there’s more to owning a home than just making a mortgage payment. Buying a house means constant repairs [...]

By |2019-07-22T10:40:19-04:00July 22nd, 2019|Categories: Mortgage, Purchase|Tags: , |