Tag Archives: down payment

Realtor.com launches 3 new affordability tools for buyers

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The tools, available on iOS, Android, and desktop, provide buyers with a detailed estimate of what it will financially take to own a home. Continue reading →

Helping buyers find a home for the fam? Share these 7 tips

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If you’re working with a buyer who’s in the market for a new house — whether it’s a starter home or their forever home — and has long-term plans to start a family, there are a few recommendations you should make to ensure that they make a smart decisio… Continue reading →

‘Millennials should not buy homes’ and other lies consumers fall for

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There’s a lot of misinformation about down payments and loans that is spread to and believed by consumers. Here’s how we can help change the false narratives at an agent level. Continue reading →

Millennials are influencing their parents’ homebuying decisions

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Millennials are a driving force in the housing market, whether buying homes themselves or influencing their parents’ decisions, according to a NAR survey. Continue reading →

Gen Z should start saving now to afford a home by 2031

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The average Gen-Zer will need to save $304 per month for the next 12 years to afford a 10 percent down payment and closing costs for a median-priced home ($386,310) by the time they’re 30. Continue reading →

Homebuyers spend an average $40,000 in one-time fees

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The one-time fees of moving into a new home could set you back roughly $40,000, according to a new study from RealEstate.com – a Zillow Group company – and Thumbtack. It’s a cost that comes as a shock to many first-time home buyers, the companies say…. Continue reading →

How millennials can achieve their homeownership dreams in 4 steps

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We’ve all heard the advice that if millennials would just give up their avocado toast they’d have enough money to buy a home. The fact is they are grappling with much more significant financial barriers. Continue reading →