Home Buying, Mortgage, Residential, US Real Estate

Higher Mortgage Rates stifling the plans of first time home buyers

By Chris Porter | February 17, 2017
The recent surge in mortgage rates is hindering the plans of first time home buyers to purchase this spring.  According to a report recently released by the realtor.com, the increase in mortgage rates in the last two months of 2016 have
First time buyers point to a down payment as the reason for not buying homes
Home Buying, US Real Estate

First Time Buyers Don’t Know What They Don’t Know

By Brian Kline | January 30, 2017
Regardless of the market cycle, first time buyers always make up a significant portion in any market. That’s just as true today with millennials entering the first time buyers’ market at an ever-increasing pace.
Home Buying

Expenses That Can Surprise First Time Buyers

By Brian Kline | October 25, 2016
It's a tough and tight market out there for everyone looking to buy a home in this strong sellers' market. Second and third time buyers have a few advantages because they have been through the process before and know there are buying expenses beyond the down payment. Additionally, now that most homes are no longer […]
Real Estate

DPR and eHome America Announce Expanded Partnership During National Homeownership Month

By Allison Halliday | June 17, 2016
eHome America and Atlanta based Down Payment Resource recently announced an expanded partnership to help enhance awareness of online homebuyer education and the availability of programs for down payment and closing cost help, affordable mortgages and tax credits. Homebuyers can now benefit from a redesigned online education platform, enabling them to directly explore available homeownership […]
Home Buying

Tips for First Time Homebuyers

By Al Twitty | June 8, 2016
Buying a home is an awesome experience; its fun to search for new homes in your budget, and even more fun to think about how you would decorate it, having family get-togethers, and maybe starting a family in your house. But, all too often, people make mistakes, especially when it comes to buying their first […]
Home Buying, US Real Estate

Homebuyers Worry Most About Cost and Competition in Latest Redfin Survey

By Press Release | May 27, 2016
SEATTLE — May 27, 2016 — Affordability is the main concern keeping homebuyers up at night, according to a survey of 975 buyers conducted this month by Redfin (www.redfin.com), the next-generation real estate brokerage. One in four respondents cited affordability as their top concern in buying a home, making it the most common response. Competition […]
Real Estate, US Real Estate

Sales of Existing Homes Increased in May

By Allison Halliday | June 26, 2015
According to data from the National Association of REALTORS®, sales of existing homes increased in May to reach their highest pace for nearly 6 years. This increase is at least partly due to greater numbers of first-time buyers. All major regions saw sales increase in May with the Northeast registering the greatest differences. The total […]
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