VA Home Loans by the Numbers

by | Nov 10, 2018 | Buyers, First Time Home Buyers, Home Search, Infographic

Some Highlights:

  • The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership.
  • In 2017, $189 billion was loaned to veterans and their families through the program.
  • VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.

*Keeping Current Matters

2 Myths Holding Back Home Buyers

by | Nov 8, 2018 | Buyer Myths, Buyers, Financing, First Time Home Buyers, Home Search

“Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership. Thirty-nine percent of renters believe that more than 20% is needed for a down payment and many renters are unaware of low–down payment programs.”  Learn more…

5 Tips for Starting Your Home Search

by | Oct 17, 2018 | Buyers, First Time Home Buyers, Home Search

In today’s real estate market, with low inventory dominating the conversation in many areas of the country, it can often be frustrating to be a first-time homebuyer if you aren’t prepared.

In a recent realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement of buying a home throughout the whole process. Here are five steps to put your best foot forward.   Learn more…

Buying a Home? Do You Know the Lingo?

by | Oct 15, 2018 | Buyers, Financing, First Time Home Buyers, Home Search, Infographic, Move-up Buyers

  • Buying a home can be intimidating if you are not familiar with the terms used during the process.
  • To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home.
  • The best way to ensure that your home-buying process is a confident one is to find a real estate professional who not only puts your family’s needs first, but will guide you through every aspect of the transaction with ‘the heart of a teacher.’

How Does the Supply of Homes for Sale Impact Buyer Demand?

by | Oct 2, 2018 | Buyers, First Time Home Buyers, Home Search, Pricing, Sellers

Even as peak season fades, low inventory continues to drive buyer demand in Oregon. SELLERS have less competition, so price it right while demand is higher. BUYERS be prepared to MOVE on well-priced properties with a strong offer strategy.

The price of any item is determined by the supply of that item, as well as the market’s demand for it. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.

Their latest edition sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand).  Learn more…