![Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]](https://lamarlending.com/wp-content/uploads/2019/04/20190412-Share-KCM-549x300.jpg)
by Brandon Lamar | Apr 12, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing, Rent vs. Buy
Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit...
by Brandon Lamar | Apr 10, 2019 | Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Millennials, Move-Up Buyers, Rent vs. Buy
There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”. And while this might be true for some millennials, more and...
by Brandon Lamar | Mar 14, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
“The rumors of my death are greatly exaggerated.” The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash,...
by Brandon Lamar | Feb 26, 2019 | First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date...
by Brandon Lamar | Feb 25, 2019 | First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15%...
by Brandon Lamar | Feb 20, 2019 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing, Rent vs. Buy
The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven home...
