According to a recent article written by Devon Thorsby for usnews.com, the increase in home purchase and rental prices are causing many to be displaced from the neighborhoods they have lived in for years. The article is filled with valuable information including ways to fight being forced from your community by becoming a more active member in it.
Homeownership rates for the under 40 crowd have dropped notably in the past few years. Leading finance experts consider this a result of higher college debt, higher credit card debt, increases in childcare costs, and a lower inventory of starter homes.
The good news is many new loan programs are designed specifically to provide first time home buyers a better opportunity to qualify for financing in spite of the challenges they face.
Here are tips that can help a First Time Home Buyer:
A recent article in the Los Angeles Times (LATimes.com) reported that California had 77 of the 100 priciest ZIP Codes in the United States for 2017, including 5 of the top 10. New York came in second with 19 Zip Codes. A very interesting point to note is that no other states had more than 2.
In the world of real estate sales and finance, there is a lot of conversation related to predictions of what real estate prices will do
Notary Near You provides Nationwide Mobile Notary Services to both borrowers/buyers and sellers. Real estate and mortgage is our specialty, thus we follow many sources to help understand the trends that are in front of us for 2018.
In the world of real estate sales and finance, there is a lot of conversation related to predictions of what real estate prices will do. We recognize that those who are considered experts are not necessarily in agreement with their 2018 real estate pricing and sales predictions.