Cora Bett Southern Realty News

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Archive for the ‘First Time Buyers’ Category

It Takes Two To Tango

Real Estate Power Couples It takes two to tango. An idiom often used in a negative connotation, takes on a whole new light for real estate power couple Liz and Bobby Davenport. The two rely on each other in all aspects of… Read More

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Mortgage Interest Rates are Still Going Up

… Should You Wait to Buy? Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another… Read More

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The Cost of NOT Paying PMI

Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required,… Read More

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Wave of Millennial Home Buying Continues to Swell

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and… Read More

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Buying This Summer?

Be Prepared for Bidding Wars. Summer is traditionally a busy season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on those buyers who are looking to purchase before the new school year…. Read More

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5 Reasons Millennials Choose to Buy a Home

Why Millennials Choose to Buy According to NerdWallet’s Millennials & Home Buying Study, the top 5 reasons young renters choose to own are: The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons —… Read More

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Top 4 Home Renovations for Max ROI

Whether you are selling your home, just purchased your first home or are a homeowner planing to stay put for a while, there is value in knowing which home improvement projects will net you the Return on Investment, or, ROI Some Highlights… Read More

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May and June are the Best Months to Sell Your Home

According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. This makes May the best month to sell your home. For the study, ATTOM performed an “analysis… Read More

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Buying a Home Is Cheaper Than Renting

In the majority in the US, buying a home is more affordable than renting. The results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the… Read More

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Getting Pre-Approved Should Always Be Your First Step

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious… Read More

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