Aug 28, 2023 | Consumer News and Advice, Home Buying 101, Real Estate
By Jamie Wiebe Aug 17, 2023 (Photo-Illustration by Realtor.com; Source: Getty Images) To some of us, all-cash buyers are the scourge of the superhot housing market: They swoop in, supervillain-like, and snatch up the most beloved and valuable properties from...
Aug 24, 2023 | Home Buying 101, Real Estate, Real Estate Finance
By Daniel Bortz Aug 2, 2023 (Getty Images) No one likes to be told “no.” (Rejection hurts—we get it.) And having your application for a mortgage declined is particularly devastating, because it throws your entire dream of homeownership into doubt....
Aug 8, 2023 | Consumer News and Advice, Home Buying 101, Real Estate, Real Estate Finance, Real Estate News
By Aarthi Swaminathan Aug 8, 2023 (Getty Images) With the 30-year in the 7% range and home prices continuing to rise, the typical home buyer is feeling quite miserable about the prospect of buying a home. Some 82% of consumers said that it was a...
Jul 26, 2023 | Consumer News and Advice, Home Buying 101, Real Estate, Real Estate Finance
By Larissa Runkle Jul 25, 2023 (Getty Images) High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who purchased a home in the last few years knows, interest rates have more than doubled...
Jul 17, 2023 | Consumer News and Advice, Home Buying 101, Real Estate, Real Estate Finance
By Cathie Ericson Jul 16, 2023 (Getty Images) Conventional wisdom says you need a 20% down payment to buy a house, but let’s face it: That sum can be daunting, particularly for first-time homebuyers who don’t have a pile of cash from a property they...
Jul 12, 2023 | Consumer News and Advice, Home Buying 101, Real Estate
By Tara Mastroeni Jul 11, 2023 (Getty Images) An FHA-approved condo is a property that can be purchased using FHA loans—or loans that are insured by the Federal Housing Administration. These FHA loans are for first-time homebuyers (or someone who...