Market

Guidance and Support Are Key When Buying Your First Home

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending …

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Why Home Equity Is a Bright Spark in the Housing Market

  Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and grocery stores, retail, delivery, and more …

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Expert Insights: Is it Possible to Buy a Home Below Market Price?

Certainly, but it takes a lot of determination and time to find a real bargain. But if you are adamant, here are some likely targets to pursue: -Foreclosed property -A fixer-upper -Hard-to-sell new homes in a housing development -Tenant-in-common partnerships With the latter, you may be able to buy a partial interest in this form …

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