pricing: Should I Wait to Put Down a Bigger Down Payment? - 09/11/15 03:47 PM

Some experts are advising that first time and move-up buyers wait until they save up 20% before they move forward with their decision to purchase a home. One of the main reasons they suggest waiting is that a buyer must purchase private mortgage insurance if they have less than the 20%. That increases the monthly payment the buyer will be responsible for.
In a recent article, Freddie Mac explained what this would mean for a $200,000 house:
However, we must look at other aspects of the purchase to see if it truly makes sense to wait.
Are you actually saving money by waiting?CoreLogic has recently projected that home values will increase by … (2 comments)

pricing: Most Experts Agree: There is No Housing Bubble - 09/11/15 03:39 PM

There is no doubt that home prices in the vast majority of housing markets across the country are continuing to increase on a month over month basis. The following map (based on data from the latest CoreLogic pricing report) reveals the appreciation level by state:
These increases in value have caused some to be concerned about a new price bubble forming in residential real estate. Here are quotes from many of the most respected voices in the housing industry regarding the issue:
Nick Timiraos, reporter at the Wall Street Journal:“Predictions of a new national home price bubble look unfounded for now, according to data.”
Michael Fratantoni, Chief … (0 comments)

pricing: Thinking of Buying a Home? Ask Yourself These 3 Questions! - 09/11/15 03:36 PM

If you are debating purchasing a home right now, you are surely getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in real estate.
Let’s look at whether or not now is actually a good time for you to buy a home.
There are 3 questions you should ask before purchasing in today’s market:1. Why am I buying a home in the first place?This truly is the most important question to answer. Forget the finances for a minute. Why did you … (3 comments)

 
Allison Gaddy, Real Estate Professional, focused on your goals! (eXp Realty, Unique Luxury Living)

Allison Gaddy

Real Estate Professional, focused on your goals!

Austin, TX

More about me…

eXp Realty, Unique Luxury Living

Address: 1900 Great Hills Trail, Suite 150, Austin, TX, 78759

Office: 512-954-8800

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