First Time Home Buyers | Brandon Lamar

Where Are Interest Rates Headed in 2019?

by Brandon Lamar | Dec 5, 2018 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart...

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

by Brandon Lamar | Dec 4, 2018 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy, Senior Market

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner...

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

by Brandon Lamar | Nov 30, 2018 | First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...

75% of Renters Have Been Misinformed

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...

5 Tips When Buying a Newly Constructed Home

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...

Taking Fear Out of the Mortgage Process

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...