Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On? Photo-Illustration by Realtor.com; Photos: Getty Images (3) For those navigating America’s residential real estate market, it’s lately felt a bit like an out-of-control cargo train, ever threatening to veer off the tracks—stomach-churning price accelerations followed by interest rate hikes slamming the brakes. […]
The 10 Best Real Estate Markets for First-Time Homebuyers in 2023 Getty Images The housing market has been brutal for first-time homebuyers. And now, just as prices are finally beginning to slacken and the bidding wars are dying down, higher mortgage interest rates have turned the prospect of homeownership into a financial impossibility for many. […]
Why Purchasing New Construction Can Be a Smart Move for First-Time Homebuyers Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. While it’s true that brand-new homes often come with a heftier price tag upfront, these properties can […]
‘We Bought a Home With a Loan From the Seller’: Owner Financing Can Help Buyers Score a Low-Interest Mortgage Dennis Shirshikov After months of house hunting, Dennis Shirshikov and Natalie Backman couldn’t believe their luck when they finally found the perfect home. Located in Greene, NY, the three-bedroom house on a quarter of an acre had […]
Are you looking to buy or sell a home in northern Virginia but don’t want to break the bank on real estate services? Look no further! Our team at Jack Jenkins Homes is proud to offer discounted real estate services to the Northern Virginia community. Our experienced agents have a thorough knowledge of the local […]
Purchasing a home is a significant financial investment and for many potential homeowners, coming up with a down payment can be a major obstacle. However, it is possible to buy a home with no down payment. Here are some options to consider if you’re looking to purchase a home without a down payment: VA loans: […]
On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most […]
Finally, Mortgage Rates and Home Prices Favor Buyers—but How Long Will This Christmas Miracle Last? Photo-Illustration by Realtor.com; Photos: Getty Images (3) Christmas has arrived early for America’s homebuyers! And it’s not just one gift, but two that should make them giddy. Gift No. 1: lower mortgage rates, which have been falling for the past […]
2023: The Year of the Homebuyer? Our Bold Predictions on Home Prices, Mortgage Rates, and More Photo-Illustration by Realtor.com / Getty Images (4) It’s safe to say we’ve never encountered a housing market nearly as unpredictable as the one we’re in right now. After months of navigating wild fluctuations, homebuyers, sellers, owners, and renters are […]
A Guide to USDA Loans: A 0% Down Payment, Low-Interest Mortgage More Homebuyers Should Consider Now Getty Images With mortgage interest rates near 7% and home prices hovering at a national median of $425,000, many homebuyers might be wondering how they’ll be able to pay for a property, and searching for ways to reduce costs. […]
