Posts with tag 'First Time Homebuyers'

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June
19

It's All About Location, Location, Location 

Find the Right Mansfield Neighborhood

Right neighborhood or right house ... Which is more important? When you're searching for homes in Mansfield, the answer to that question can become "complicated."  Our real estate agents have created this list of things to consider when your searching the perfect Mansfield property for you and your family.

Click Here to Read More...

May
22

Summer Home Maintenance Checklist
Summer is around the corner, and that means DIY season is about to be in full swing for homeowners everywhere. The summer is the perfect season to address landscaping maintenance tasks, improve the energy efficiency of your home, and make sure that your HVAC system is ready to keep you cool no matter how hot it gets outside. Our real estate agents are here to help you prepare, with our ultimate summer home maintenance checklist.

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November
8

 

It's Not Always Marriage Before Mortgage | MyKCM

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still, others might think their current income would never enable them to qualify for a mortgage.

We want to share what the typical first-time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting statistics on the first-tim...

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October
18

How Historically Low Interest Rates Increase Your Purchasing Power | MyKCM

According to Freddie Mac's latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low.

The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.

Purchasing power, simply put, is the amount of home you can afford buy for the budget you have available to spend. As...

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September
27

US Housing Market Moving Further into 'Buy Territory' | MyKCM

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.

The BH&J Index is a quarterly report that attempts to answer the question:

In today's housing market, is it better to rent or buy a home?

The index examines the entire US housing market and then isolates 23 major c...

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