real estate buying: Valuable Lessons for First-Time Homebuyers - 01/13/17 08:05 AM
Buying a home can be a particularly stressful, and time-consuming process. Buyers may learn through experience some valuable lessons for buying a home. Here are 5 useful tips for first-time homebuyers to consider when entering the real estate market. 
 
#1 Get your documents in order
To apply for a home mortgage, you will need income and tax documents. Typically, lenders will ask you for 2 recent pay stubs, 2 previous years’ W-2s, tax returns, and the past 2 months of bank statements. Having these documents in hand will save you a lot of time when buying a home.
 
#2 Watch the market 
Stay up-to-date with … (3 comments)

real estate buying: Nationwide Housing Shortage - 11/28/16 11:07 AM
As generations grow older, new waves of people are entering the housing market. After graduating college and beginning their career, people in their 20’s begin to look for their first home. These new buyers make a major influence on the nationwide demand in the housing market. To keep housing rates at a healthy level, the amount of vacant houses need to meet the number of new market entrants. Today, concern has risen over our current housing shortage.
With 318.9 million people in the U.S., and 16,585,415 vacant homes in 2015, only 5.2% of this growing population will be able to find a … (1 comments)

real estate buying: The Desire to Buy Real Estate - 04/09/13 07:51 AM
 
 
The American Dream has at its core the idea of home ownership.  The dream, according to CNBC-All-American Economic Survey, is being acknowledged more and more. 79% of Americans believe home ownership is the essential piece of the American dream. 69% of Americans think owning is more advantageous to renting. Home ownership is regaining the confidence it had in re-recession times.
 
“The housing numbers are all heading in the right direction,” reports Diana Olick for CNBC. “Home prices up, foreclosures down and, perhaps the most important, consumer confidence in housing is swelling.” 
 
The one demographic that still seems to be the unknown element … (2 comments)