Tag Archives: affordability

City Or Suburbs: Where Should You Buy A Home?

Getting ready to buy your first home? You’re probably caught in that age-old dilemma of whether to buy in the city or move to the suburbs. There are plenty of reports out there that detail how millennials want to stay … Continue reading

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What You Should Know Before Buying A Condominium

Condos were once thought of as homes that attracted singles or couples, often without children. But today, condos are growing in popularity and attracting families of all sizes. Condos can be an excellent choice for the right buyers. Here are … Continue reading

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Critiquing The 15-Year Home Loan

Question. I bought my first home in the early 2000s when interest rates were much higher then now, and got a fixed, 30 year loan for 6.25 percent. This is a small condominium unit. I am 50 years old and … Continue reading

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4 Expenses Your Buyers Don’t Expect

Buyers need to reserve the equivalent of about 2 percent to 5 percent of a home’s purchase price for closing costs, such as appraisal, lender, and title fees. But that’s only a portion of extra homeownership expenses. “Click here to read.”

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How To Buy A House Without Going House Poor

How much house can you really afford? Is it the amount the bank tells you when preapproving your loan? “Click here to read.”

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Increased Affordability

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Could The Fair Housing Act Be Used To Abolish Restrictive Zoning?

In the debate on how to solve the urban housing affordability issue, there is a theoretical side and a political side. On the theoretical side, a growing bipartisan cluster of journalists, academics, business people, and even the president himself has … Continue reading

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Affordability Facts

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Why Aren’t New Homes Going Up That Millennials Can Afford?

All across the country, home prices are shooting up, driving buyers to slug it out in bloody bidding wars. And those feeling the punches the hardest: first-time home buyers. Cut me, Mick! Click here to read article.

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Pending Home Sales Slow in October but Remain Higher Than a Year Ago

Pending home sales declined in October but remained at a healthy level of activity and are above year-over-year levels for the second straight month, according to the National Association of REALTORS. Click here to read article.

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