Real estate blog entries tagged with firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties by Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity (Allison James Elite)

Home : Blogs : Chris B Johnson REALTOR® : Chris B Johnson Realtor, Luxury Home Auctions : Tag "firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties"

firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: #TimeToBuy The Benefits of a 20% Down Payment #MoveUpHomeBuyer - 05/08/19 08:01 PM

If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage.
The truth is that there are many programs available that let you put down as little as 3%. Those who have served our country could qualify for a Veterans Affairs Home Loan (VA) without needing a down payment.
These programs have cut the savings time that many families would need to compile a … (4 comments)

firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: #TimeToBuy The Cost of Renting vs. Buying Spring 2019 #INFOGRAPHIC - 05/03/19 10:26 AM

#TimeToBuy #ChrisBJohnsonREALTOR
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
« Your Fabulous New Dream Home is Now Available

What is My Home Worth?To Get A Market SnapShot Click HerePlease Get A Mortgage Pre-Approval HERE #MoveUpBuyers Your Fabulous New Dream Home is Now … (1 comments)

firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Renters Are Paying Substantially More, Buying A Home Costs Less #TimeToBuy - 04/25/19 04:11 PM

https://www.google.com/analytics/web/#home/a69066132w111663562p116541675
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased.
“CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.”

Why the difference between the costs of renting versus owning? It makes sense that rents have risen. However, how did mortgage payments decrease? CoreLogic explained:
“It’s mainly because mortgage rates back in December 2005 were significantly higher, averaging 6.3% for a fixed-rate 30-year loan, compared with 4.6% in December 2018.
The national median sale price in December … (5 comments)

Related Links: