Article by: Simplifying the Market™Originally Published: November 21, 2018, 11:00 amThe top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017. Among millennials with incomes over […]
2 Myths Holding Back Home Buyers
Article by: Simplifying the Market™ Originally Published: November 5, 2018, 11:00 am Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for […]
Are You Spending TOO Much on Rent?
Article by: Simplifying the Market™ Originally Published: October 30, 2018, 10:00 am Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This […]
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