by Tricia Herbert | Sep 14, 2023 | Advice For Buyers, Budget Statistics, Down Payments, First Time Home Buyers, Home Buying, Home Gain Statistics
Programs: So, you’ve got your eyes set on owning a house, but the big bad down payment is standing in your way. You’ve probably heard that banks usually want a hefty 20% of the home’s price upfront. Anything less, and you’ll likely end up shelling out for private...
![Supply and Demand in Today’s Market [INFOGRAPHIC]](https://www.triciasellsnyc.com/wp-content/uploads/sites/80/2022/04/What-You-Need-To-Budget-for-When-Buying-a-Home.jpg)
by Tricia Herbert | Mar 4, 2022 | Buyers & Sellers, Home Buying, Infographic
Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer....
by Tricia Herbert | Jan 14, 2022 | Down Payments, Home Buying, Interest Rates, Mortgage Rates
While it’s challenging to buy a home with a down payment, programs exist that allow qualified buyers to put down as little as 3.5%. A VA Loan will let you put down 0%. Why would anyone put down as much as 20%? It Will Lower Your Interest Rate A 20% down payment...
by Tricia Herbert | Dec 14, 2021 | Home Buying, Mortgage Rates
In December, mortgage rates remain stable. The 30-year fixed mortgage rate moved lower from 3.10% to 3.11% during the week ending 12/9/2021. It seems that Investors are optimistic that the omicron variant of Covid-19 will not have a significant impact on markets. ...
by Tricia Herbert | Dec 14, 2021 | First Time Home Buyers, Home Buying, Housing Market Updates
The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ...
by Tricia Herbert | Nov 12, 2021 | Advice For HomeOwners, Home Buying, Housing Market Updates
The Challenge For some time now, real estate reporters have been talking about the challenges facing home buyers. Chief among these challenges is the lack of available homes for sale. This supply shortage has led to rapid price appreciation and bidding wars in many...
