by Brandon Lamar | Nov 8, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy
Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a...
by Brandon Lamar | Nov 7, 2018 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last...
by Brandon Lamar | Nov 6, 2018 | First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction
The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5...
![The Difference an Hour Will Make This Fall [INFOGRAPHIC]](https://lamarlending.com/wp-content/uploads/2018/11/20181102-Share-STM.jpg)
by Brandon Lamar | Nov 2, 2018 | For Buyers, For Sellers, Housing Market Updates, Infographics
Every Hour in the US Housing Market: 596 Homes Sell 278 Homes Regain Positive Equity Median Home Values Go Up...
by Brandon Lamar | Nov 1, 2018 | For Buyers, For Sellers, Housing Market Updates
There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the...
by Brandon Lamar | Oct 31, 2018 | First Time Home Buyers, For Buyers
A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it...
by Brandon Lamar | Oct 30, 2018 | Down Payments, First Time Home Buyers, For Buyers, Rent vs. Buy
Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the...
by Brandon Lamar | Oct 29, 2018 | For Sellers, FSBO's, Move-Up Buyers
With home prices on the rise and buyer demand still strong, some sellers may be tempted to try and sell their homes on their own without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases,...
![Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]](https://lamarlending.com/wp-content/uploads/2018/10/20181026-Share-STM.jpg)
by Brandon Lamar | Oct 26, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Infographics
Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who purchased homes this year have put down less than 20%....
by Brandon Lamar | Oct 25, 2018 | For Buyers, For Sellers, Housing Market Updates, Pricing
There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over...
