Many would-be homebuyers are now considering buying a condominium instead. Condominiums may be a good option for first-time buyers who are experiencing obstacles when searching for properties that meet their budgets and other criteria. Here’s why:
Do You Want To Own A Second Home?
It is important for people to diversify their investments, and this includes real estate. Many people dream of owning a home, but there are many people who own more than one home. As remote work has become more common, owning a second home has become more common as well. This has provided people with a tremendous amount of flexibility, and you might be thinking about purchasing a second home as well. What are some of the benefits you might enjoy?
Case-Shiller, FHFA Post New Records for Home Price Growth
S&P Case-Shiller’s National Home Price Index rose by 19.80 percent year-over-year in February and was the third-largest pace of home price growth since the National Home Price Index’s inception.
Exploring Homebuyer Assistance Programs: Assessing the Options Available
The traditional rule of thumb is that you should put down 20 percent of the cost of the house if you decide to become a homeowner. Unfortunately, the thought of saving 20 percent of the price of a home for a down payment can be daunting for people who are trying to buy a house for the first time.
What’s Ahead For Mortgage Rates This Week – April 25, 2022
Last week’s economic reporting included the National Association of Home Builders Housing Market Index, government readings on housing starts and building permits, and data on sales of previously-owned homes. Weekly readings on mortgage rates and jobless claims were also released.
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