No… You Do Not Need 20% Down to Buy NOW!

The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for not currently owning a home, as not being able to afford one.

Why Are So Few Homes for Sale?

There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the current lack of supply. The survey asked title… Continue reading Why Are So Few Homes for Sale?

Your weekly look at Richland County Government news and events.

Email not displaying correctly? View it in your browser.  Your weekly look at Richland County Government news and events. Public Invited to Decker Center Dedication Ceremony The public is invited to join County Councilmembers, Magistrate Judges, members of the Sheriff’s Department and community leaders in celebrating Richland County’s newest facility at a special dedication ceremony on Friday,… Continue reading Your weekly look at Richland County Government news and events.

To Stage…or Not to Stage? That Is the Question! [INFOGRAPHIC]

Some Highlights:
The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging.
50% of staged homes saw a 1-10% increase in dollar value offers from buyers.
77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
The top rooms to stage to attract more buyers are the living room, master bedroom, kitchen, and dining room.

Want to Keep up with the Joneses? Now’s the Time

Market conditions around the country have presented an opportunity like no other for those who are looking to make the jump to a premium or luxury home.

The National Association of Realtors reports that national inventory levels

The Importance of Home Equity in Retirement Planning

We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over the time that they own their home. In a report recently released by the nonpartisan Employee Benefit Research Institute (EBRI), they reveal how valuable equity can… Continue reading The Importance of Home Equity in Retirement Planning