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Monthly Archives: August 2018

    Home Buying Myths Slayed

    By Hugh Williams | August 3, 2018

    Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! Read More

    Are Lending Standards Propping Up Home Prices?

    By Hugh Williams | August 3, 2018

    Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may be employing these... Read More

    Buying Is Now 26.3% Cheaper Than Renting in the US

    By Hugh Williams | August 1, 2018

    The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent... Read More