Homes More Affordable Today than 1985-2000 Rising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home. However, it is not just the price of a home that determines its affordability. The monthly cost of a home…
Buying a Home Can Be Scary Unless You Know the Facts
Buying a Home Can Be Scary… Unless You Know the Facts [INFOGRAPHIC] Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts: 40% of millennials who purchased homes this…
Buying Remains a Lot Cheaper than Renting in Florida
Buying Remains a Lot Cheaper Than Renting in Florida! In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San…
Homeowner’s Net Worth Is Still Greater Than a Renter’s
Homeowner’s Net Worth Is Still Greater Than a Renter’s Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). The latest survey…
You Don’t Need 20% Down to Buy a Home in Sarasota NOW!
You Don’t Need 20% Down to Buy a Home in Sarasota NOW! A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconceptions that we want to address today. 1. Down Payment The survey revealed…
Renting or Buying in Sarasota Florida
Renting or Buying in Sarasota Florida… Either Way You’re Paying a Mortgage There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.…
How Much Money Do I Need to Buy a House in Sarasota Florida
How Much Money Do I Need to Buy a House in Sarasota Florida? Over Half of All Buyers Across the Country Are Surprised by Closing Costs When buying a home on Sarasota’s Suncoast, choosing a good real estate agent is your first step. A good agent is going to have a team of real estate…
Where Are Home Prices Heading in the Next 5 Years, Sarasota?
Where Are the Home Prices Heading in the Next 5 Years, Sarasota? Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment &…
Daydreaming About Your Perfect Sarasota Home?
Daydreaming About Your Perfect Sarasota Home? Know What You WANT vs. What You NEED In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your Sarasota home search. If you’ve been thinking about buying a home of your…
Buy a Home in Sarasota & Be Healthier!
Buy a Home in Sarasota & Be Healthier! The Impact of Homeownership on Family Health The National Association of Realtors recently released a study titled ‘Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual autonomy and is the aspiration of…
Will You Be Buying a Home in Sarasota this Year? 59 Million Buyers
Will You Be Buying a Home In Sarasota This Year? 59 Million People Will Be Entering the Housing Market in 2017 According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be…
