Monthly Archives: November 2015

//November

Rent vs. Buy: Either Way You’re Paying A Mortgage

There are some people that have not purchased a home 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 your mortgage or your landlord’s. As The Joint Center for Housing Studies at Harvard [...]

By |2018-11-16T13:55:22+00:00November 30th, 2015|First Time Home Buyers, For Buyers|0 Comments

Distressed Property Sales Hit New Low

The National Association of Realtors (NAR) just released their Existing Home Sales Report revealing that distressed property sales accounted for 6% of sales in October. This is down from 9% in 2014 and the lowest figure since NAR began tracking distressed sales in October 2008. Below is a graph that shows just how far the [...]

By |2018-11-16T13:55:23+00:00November 25th, 2015|For Buyers, For Sellers, Foreclosures|0 Comments

Millennials: What FICO Score is Needed to Buy a Home?

In a recent article by the Wharton School of Business at the University of Pennsylvania, it was revealed that some Millennials are not looking to purchase a home simply because they don’t believe they can qualify for a mortgage. The article quoted Jessica Lautz, the National Association of Realtors’ Managing Director of Survey Research, as saying [...]

By |2018-11-16T13:55:23+00:00November 24th, 2015|First Time Home Buyers, For Buyers, Millennials|0 Comments
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