Saving for a Down Payment? Here’s What You Need To Know.
If you're planning to buy your first home, you may be concerned about the costs involved, especially the down payment. However, contrary to popular belief, a 20% down payment is not always necessary. According to the National Association of Realtors (NAR), many housing consumers have misconceptions
A Drop in Equity Doesn’t Mean Low Equity
Media coverage often mentions a decline in homeowner equity, which is closely tied to home values. When home prices rise, equity grows, and when prices fall, so does equity. Recently, home prices experienced a slight drop in the latter half of 2022, impacting equity. However, despite this dip, homeo
Are Home Prices Going Up or Down? That Depends…
The media's coverage of home prices can often be perplexing, primarily because of the data utilized and the aspects they emphasize. When it comes to comparing home prices over various time periods, two distinct methods are employed: year-over-year (Y-O-Y) and month-over-month (M-O-M). Let's delve in
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