After Teresa and Mark Taunton short sold their $535,000 four-bedroom dream home in Celebration, Florida, at the conclusion of the real estate meltdown in 2011, buying another house was the last thing on their minds. The American dream makes a comeback "It makes you feel you could ... » Learn More about The American dream makes a comeback
Moving
New FHA standards affect buyers?
Some first-time and low- to middle-income home-buyers will probably be edged out of the housing market under tougher standards recently adopted by the Federal Housing Administration (FHA), experts say. Will new FHA standards affect home-buyers? The FHA, which insures ... » Learn More about New FHA standards affect buyers?
Fed Agrees to maintain Rates
The Federal Reserve voted unanimously on Wednesday to leave borrowing costs unchanged and says it's going to continue being “patient” about making any moves to its benchmark rate. The Fed’s vote came despite increased calls from the White House to reduce rates of interest. However the central bank ... » Learn More about Fed Agrees to maintain Rates
Down-payment shouldn’t destroy budget
Maximizing a home down-payment tends to make sense: The larger the down payment, the cheaper the monthly mortgage bill and the better the possibility of building equity quicker. Home down-payment shouldn’t destroy buyers’ budget But putting an excessive amount down could ... » Learn More about Down-payment shouldn’t destroy budget
Home options determined by …
An array of factors play a role in millennial decisions to move to specific areas, and regardless of whether they remain in their home for an extended period or relocate soon after arrival. Millennial home options determined by affordability & jobs A location's job ... » Learn More about Home options determined by …