Found 76 blog entries tagged as "Home Buying".
With housing inventory at record lows, finding the perfect house can take some time. Two thirds of home buyers searched for more than three months before going under contract on a property. Read on for the top reasons why buyers take their time before making a purchase.
The primary reason buyers purchased a home in 2017 was the desire to own a home of their own. Married couples were the largest demographic nationwide last year to buy a home with the average age at 45 years old. See below for more buyer info.
When it comes to buying a home, everyone knows that a home inspection is a must have. However, many checklists for home inspectors contain more than 1,600 features to assess, and some items require a specialist for a more thorough evaluation.
There is a lot to consider when purchasing a home, and buyers often have to settle on things missing from their wish list. Read on for three critical items buyers should not compromise on.
Improved educational performance, higher civic participation, lower crime rates, and greater health remain the biggest social benefits linked to homeownership. Take a look at how homeownership impacts these areas.
First-time home buyers have been slipping for three straight years, but coming in at 35% last year, 2016 marked the highest share of U.S. sales to first-time buyers since 2013. The median age of these first-time buyers was 32 years old while they averaged a 6% portion for their down payment. More details are listed below, including their household incomes and the average square footage of the properties they purchased.
Furniture, appliances, and remodeling projects are among the biggest expenses for new homeowners, who spend an average of $10,600 in the first year of homeownership.
When it comes to choosing between a home with more square footage or one with a larger outdoor space, prospective homebuyers are opting for the outdoors. More than half said they would be willing to sacrifice a large house to obtain a bigger yard. Read on to discover how they would make use of this extra outdoor space.
Buying a home means buying into the neighborhood and community that it resides in. Avoid regret by paying particular attention to these easily looked over points that tell you more about the area you would become a part of.
Despite 89% of adults believing homeownership is an important part of the American Dream, an increasing amount of adults know someone who is delaying the purchase of a home because of student load debt burden. Of those with this debt, more than half of them said it is a large obstacle to owning a home.
