Money and House

Builder Offers to Pay Student Loans for Home Buyers

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According to a study from the National Association of Realtors, one of the biggest obstacles for Millennial home buyers (born 1980-1998) is student loan debt. Of those surveyed, the median debt was $41,200. 20% were homeowners and 28% of them said their student loan debt was preventing them from selling their current home to move into something new. Now, Eagle …

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Homeowner Equity Rises in North Carolina in 2nd Quarter of 2017

meghanriley General Real Estate Leave a Comment

One way to determine the health of an economy is by looking at the available homeowner equity. The more equity that exists, the more money homeowners have to put into the system. Every quarter, financial analytics company CoreLogic® releases an equity report outlining the current state of home equity. These are the results for the second quarter of 2017. Nationwide …

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What Can Google Search Reveal About Home Buyers?

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If we looked at the Google searches conducted over the past few years, what would they reveal about home buyers and the future of the real estate market? Chase wondered the same thing. They partnered with Google to see what‘s top of mind for buyers and shared it in an interesting report. Here are the main takeaways: Affordability is a …

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Home Equity Rises in North Carolina in 1st Quarter of 2017

meghanriley General Real Estate Leave a Comment

It’s been 6 years since the height of the housing crisis. Since then, 9 million home loan borrowers have regained equity in their homes. These facts remain important as we look for indicators for how the current economy is performing. Home equity is a large chunk of homeowner wealth, and supports spending and broader economic health. CoreLogic®, who collects and …

Co-Living Apartments

Are Co-Living Apartments the Key to More Affordable Housing?

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One of the biggest challenges that people in their 20s face is housing affordability. Looming student loan bills and rising costs of living are some of the contributing factors. While we love, love, love to help people to buy homes, the fact of the matter is that not everyone can afford to. For the person fresh out of college or …

What Is the FICO Credit Score?

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The most commonly used scoring tool used by mortgage lenders is the FICO Credit Score. If you’re thinking of purchasing a home, it’s important that you understand what the scoring system is and how it can affect your ability to obtain a loan. We recommend you take a few minutes to read through this blog post and familiarize yourself with …

Should I Request to See Homes Before Talking to a Lender

Should I Request to See Homes Before Talking to a Lender?

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You’ve finally reached the point where you feel your personal finances can support a home purchase and you’re anxious to get started on your home search. We know exactly how you feel. We’ve been there ourselves and can practically feel your excitement brimming over! But, wait. Now isn’t the time to be jumping ahead. Like most things, you need to …