Archive for the Home Buying Category

Millennials lead the way in growth of new home buyers

millennial couple moving into new home

Young adults in the millennial generation are leading the charge when it comes to new home buyers. Recent data from the United States Census Bureau confirms that more millennials are entering the housing market as first time buyers, with millennials representing 36 percent of homeowners overall.

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Pros and Cons of HOAs

condo community

While Home Owners Associations (HOAs) can provide a variety of benefits for homeowners and communities, they can have a few drawbacks as well. Plus, not all HOAs are created equal—get stuck with the wrong one and it could cause a lot of frustration. In today’s post, we’ll review the most common benefits and drawbacks of living in an HOA-managed community. We’ll also offer a few tips on how to avoid buying a home with a less-than-desirable HOA.

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Tips for Saving Up for a Down Payment on a Home

100-dollar bills in cash

Saving up for a down payment on a home can be a challenge, especially in today’s economic climate where wages aren’t increasing at the same rate as rental prices. However, there are a few saving strategies that can help. In today’s post we’ll look at a few of those strategies and offer practical tips on how to grow your savings enough to make sizable down payment. How much do I need for a down payment? For most buyers in today’s market, financing the purchase of a home through a mortgage is the only feasible way to obtain homeownership. According to

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