Closing costs make up anywhere from 2-5% of the home's purchase price. It's critical that buyers budget for closing costs to avoid sticker shock days before closing.
More than one in five Americans are not saving any of their annual income and only 29% say they are finally “strong”, indicating they are spending, saving , borrowing and planning well financially.
PEOPLE OF ALL GENERATIONS ARE DOWNSIZING THEIR HOMES.
FIND OUT WHY BABY BOOMERS, SPECIFICALLY, ARE CHOOSING TO DO SO
Existing Home Sales: 398,880
Median Price: $615,090
Unsold Inventory: 2.5 Months
Median Time on Market: 28.0 Days
Existing Home Sales: 402,880
Median Price: $589,770
Unsold Inventory: 3.1 Months
Median Time on Market: 25.0 Days
The leading cause of home fires is due to electrical mishaps. Learn about the most dangerous things electricians see homeowners do most often that could be putting your home at risk.
When shopping around for the best mortgage rates, you may wonder why you aren’t quoted the rate you see advertised online or by banks. Credit Scores can have a big impact on what you are quoted.
Existing Home Sales: 404,240
Median Price: $605,280
Unsold Inventory: 3.0 Months
Median Time on Market: 24.0 Days
55% of prospective home buyers who were actively searching for a property to purchase in Q2 say their house hunts were unfruitful for three months or longer. These are the top reasons for their failed home searches.
The good news is the majority of prospective buyer who report an unsuccessful home search say they plan to keep looking.
From stability and home equity to the freedom to paint your front door purple, owning a home has many benefits. Check out the top reasons why Californians want to own a home.