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Buying Myths

Why Buying a Home Makes More Sense Than Renting Today

May 1, 2023 by Jeffrey B Thompson

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since ... » Learn More about Why Buying a Home Makes More Sense Than Renting Today

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Real Estate, Rent vs. Buy Tagged With: Real Estate, Simplifying The Market

Your Tax Refund Can Help You Achieve Your Homebuying Goals

April 12, 2023 by Jeffrey B Thompson

Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses.SmartAsset estimates the average American ... » Learn More about Your Tax Refund Can Help You Achieve Your Homebuying Goals

Filed Under: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

Trying To Buy a Home? Hang in There.

April 6, 2023 by Jeffrey B Thompson

We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that give you good reason to stick ... » Learn More about Trying To Buy a Home? Hang in There.

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing, Real Estate Tagged With: Real Estate, Simplifying The Market

How Changing Mortgage Rates Can Affect You

April 3, 2023 by Jeffrey B Thompson

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship ... » Learn More about How Changing Mortgage Rates Can Affect You

Filed Under: Buying Myths, For Buyers, Interest Rates, Real Estate Tagged With: Real Estate, Simplifying The Market

Facts About Closing Costs [INFOGRAPHIC]

March 31, 2023 by Jeffrey B Thompson

... » Learn More about Facts About Closing Costs [INFOGRAPHIC]

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

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Jeffrey B Thompson
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