Working with a Local Real Estate Professional Makes All the Difference
Choosing the right real estate professional is one of the most impactful decisions you can make in your home buying or selling process.
A real estate professional can explain current market conditions and break down what they will ...
Posted by Missy Ashcraft on January 16, 2020 in Buying a Home
A Latte a Day Keeps Home Ownership Away!
The holiday lattes are out, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!
Saving for a down payment takes a little discipline, so limiting ...
Posted by Missy Ashcraft on December 22, 2019 in Buying a Home
Have You Budgeted for Closing Costs?
Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage.
What Are ...
Posted by Missy Ashcraft on December 16, 2019 in Buying a Home
Is A Bigger House Within Your Budget?
At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for ...
Posted by Missy Ashcraft on December 12, 2019 in Buying a Home
A 365 Day Difference in Home Ownership
Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of ...
Posted by Missy Ashcraft on December 10, 2019 in Buying a Home
The Cost of Renting vs. Buying a Home
Historically, the choice between renting and buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced ...
Posted by Missy Ashcraft on November 22, 2019 in Buying a Home
Millennials: Here’s Why the Process is Well Worth It.
Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over.
According to National Mortgage News,
“Millennials, those young adults now aged 23 to 38, are now ...
Posted by Missy Ashcraft on November 18, 2019 in Buying a Home
Planning on Buying a Home? Be Sure You Know Your Options.
When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and ...
Posted by Missy Ashcraft on November 15, 2019 in Buying a Home
Forget the Price of the Home. The Cost is What Matters.
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. ...
Posted by Missy Ashcraft on November 14, 2019 in Buying a Home
Think Prices Have Skyrocketed? Look at Rents.
Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little ...
Posted by Missy Ashcraft on November 11, 2019 in Buying a Home
Buying a home can be SCARY…Until you know the FACTS
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of ...
Posted by Missy Ashcraft on November 8, 2019 in Buying a Home
The #1 Reason to List Your House in the Winter
Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when ...
Posted by Missy Ashcraft on November 4, 2019 in Buying a Home
5 Tips for Starting Your Home Search
In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor....
Posted by Missy Ashcraft on October 23, 2019 in Buying a Home
5 Homebuying Acronyms You Need to Know
Learning the lingo of homebuying is an important part of feeling successful when buying a home.
From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them.
Your local ...
Posted by Missy Ashcraft on October 11, 2019 in Buying a Home
The Cost of Waiting Until Next Year to Buy
The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
Freddie Mac forecasts interest rates will rise to 3....
Posted by Missy Ashcraft on October 4, 2019 in Buying a Home
Homeowners Are Happy! Renters? Not So Much.
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable.
Posted by Missy Ashcraft on October 3, 2019 in Buying a Home
Are You Ready for the ‘Black Friday’ of Real Estate?
Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of ...
Posted by Missy Ashcraft on October 2, 2019 in Buying a Home
One of the Top Reasons to Own a Home
One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each ...
Posted by Missy Ashcraft on September 26, 2019 in Buying a Home
What Buyers Need to Know About HOAs
When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you.
According to a recent article ...
Posted by Missy Ashcraft on September 25, 2019 in Buying a Home