Buying a Home Can Be Scary…Unless You Know the Facts
![buying a home can be scary unless you know the facts](https://brookhampton.com/wp-content/uploads/2017/11/buying-a-home-can-be-scary-unless-you-know-the-facts.jpg)
Some Highlights:
Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts:
-
40% of millennials who purchased homes this year have put down less than 10%.
-
76.4% of loan applications were approved last month.
-
The average credit score of approved loans was 724 in September.
3 Trends That Are Good News for Today’s Homebuyers
As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too.
The Emotional and Non-financial Benefits of Homeownership
If you’re looking to put down roots, homeownership can help fuel a sense of connection to the area and those around you.
If You’re Thinking of Selling Your House This Fall, Hire a Pro
A trusted real estate advisor will keep you updated and help you make the best decisions based on current market trends.
Watching the Stock Market? Check the Value of Your Home for Good News.
While equity helps increase your overall net worth, it can also help you achieve other goals like buying your next home
Taking the Fear out of Saving for a Home
If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first but a trusted real estate professional can help.
The Cost of Waiting for Mortgage Rates to Go Down
As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can afford.
The True Strength of Homeowners Today
Home equity allows homeowners to be in control. This is yet another reason we won’t see the housing market crash like we saw in 2008 when many owed more on their homes than they were worth.
What’s Ahead for Home Prices?
The housing market is shifting, and it’s a confusing place right now. Let’s connect so you have a trusted professional to help you make an informed decisions about what’s happening in our market.
How To Prep Your House for Sale This Fall
Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return on your investment.
Top Reasons Homeowners Are Selling Their Houses Right Now
If you find yourself wanting space, or amenities your current home just can’t provide, it may be time to consider listing your house for sale.