Posts in category 'Buying A Home'
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13
Home Ownership Is Still an Important Part of the American Dream
Studies have shown, the vast majority of Americans believe that homeownership is an important part of their American Dream. The benefits of homeownership are both financial and non-financial reasons (emotional/social).
As an added bonus, for Americans approaching retirement age, one of the greatest benefits to homeownership is the added net worth they have been able to achieve simply by paying their mortgage!
The Joint Center for Housing Studies at Harvard University focused on homeowners and renters over the age of 65. Their study revealed that the difference in net worth between homeowners and renters at this age group was actually 47.5 times greater, with nearly half their net worth coming from home equity!
9
CAAR Publishes 2018 Fourth Quarter Home Sales Report
IMMEDIATE RELEASE: Wed., Jan. 9 th, 2019
Home Buying Slows for Fourth Quarter, Year-End Receives High Marks, & Lack of Inventory Continues to be a Challenge
Greater Charlottesville Area 2018 Fourth Quarter & Year-End Highlights:
• Home sales decreased 3.2% (841) compared to Q4 2017 (869), while year-end indicated a 5.7% gain.
• The median sales price remained steady at $300,000 compared to Q4 2017, as year-end marked a 4.6% growth.
• The median days on the market in the 4th Quarter was 63, 8-days lower than in Q4 2017, while year-end showed a 13.8% drop (9-days fewer...
4
Is Retirement Just Around the Corner? Learn What to Consider When Choosing Your Next Home
Shared Information by Association of Exclusive Buyers Agents (NAEBA) and Keeping Current Matters
Are you coming up on retirement age and thinking about where you'd like to live in "your golden years?" More and more baby boomers are entering retirement age, and question whether or not to sell their homes and move. In today's housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home's ability to adapt to your needs in retirement.
According to the National Association of Exclusive Buyers Agents (NAEBA), listed here are 7 impo...
25
Are You On the Home Buying Journey?
Video: What's the First Step on the Home Buying Journey?