Great article today in Bloomberg about home builders who are targeting a trend for home buyers to have more than one generation (and several pets) living under one roof. Apparently, households with more than one generation are now so popular that homebuilders are now accommodating this demand. For example, homes with a second master bedroom are not as uncommon as one would think. The idea is simple: If home buyers want it, give it to them.
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Tag Archives: Home Buying
Home Buying Tips: Questions Your Realtor Should Ask
Using a realtor? Make sure they’re asking the right questions about your future home! House hunting on your own? Check out this list to make sure you’re getting a completely informed perspective on your potential home.
How to Buy a Foreclosure
Buying a foreclosure is a great option for those who are looking for a home at a great price and don’t mind doing some repair work. Here are four basic steps to buying a foreclosed home.
Five Great House Hunting Tips
Though you may have questions and concerns, strategy in searching for a new home is the key to your new front door. Here are five great house hunting tips to help you in your pursuit.
How to Choose a Home: Factors to Compare When House Hunting
Not sure how to choose a home that’s right for you? Seven things to consider when comparing two homes.
Mortgage Applications Increase in Latest Weekly Report
According to the Mortgage Bankers Association, mortgage applications have increased since last week. Record-low interest rates have attracted home owners to refinance and prospective home buyers to buy a home.
Best Time to Buy a House Since 1993
Interest rates have fallen to near record lows making it the most opportune time to make a home purchase in years.
More Homeowners Opting to Reduce Total Interest and Build Equity
Home financing trends show homeowners are choosing shorter loan terms to maximize equity. Learn how a smart refinance can help you build equity and reduce total interest.
Rent Prices Increase As Home Prices Continue To Decline
Fortune Magazine published an article last week talking about the increase in rent prices in 2011 and 2012. CNN Money also confirmed a double dip in home prices. Record-low mortgage rates and the fact that, in many markets, buying is cheaper than renting make this an ideal buyer’s market.
Buying a Condo: Ten Things to Avoid
Owning a condo is great for those that don’t mind paying HOA (Homeowner Association) Fees in order to get certain amenities, such as a pool, gym, and other maintenance-related services. However, some condos have strict guidelines in terms of what you can do to the exterior of the building. If after doing research, you decide that buying a condo is for you, make sure that you avoid these ten things in order to make the home loan process easier.
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