Displaying posts tagged with: Did You Know

It's a Wrap

It's a Wrap

Did you know it's the last day of National Homeownership Month? Today we wrap-up our month-long blog series and recap the favorites. More

Are Americans Paying More or Less for Housing?

Are Americans Paying More or Less for Housing?

Did you know that in some states like Maine 3.3% more of its homeowners were spending more than 30% of their income on housing in 2012 than they were in 2005? In California, the opposite occurred. Looking at renters, we see an almost unilateral increase in their cost burden during the same time period. More

Five Generations in Housing

Five Generations in Housing

Did you know that 76% of first-time homebuyers are Gen Y? And that only 55% of The Silent Generation finances their home purchase? No matter our age, we all play an important role in today’s housing market. More

Dissecting High, Medium and Low Homeownership Rates

Dissecting High, Medium and Low Homeownership Rates

Did you know homeownership rates are very high (80 percent or more) in former Eastern Bloc nations like Romania (97 percent), Slovakia (90 percent), and Bulgaria (87 percent) because a wave of mass privatization following the fall of Communism in the 1990s enabled families living in public housing to take title to their flats at little or no cost? More

Millennials Hold on Homeownership

Millennials Hold on Homeownership

Did you know that the homeownership rate for young Americans under 35 is at its lowest ever? The rate is down to 36 percent for Millennials, our largest generation making up 25 percent of the U.S. population. More

What $769 Buys You

What $769 Buys You

Did you know that the U.S. median apartment rent is $769 a month? For that amount of money you get an apartment that ranges in size from 242 to 1,059 square feet depending on where you live. More

Where Inventory is Better

Where Inventory is Better

Did you know that Florida metros boast some of the best opportunities to buy a home based on inventory? Based on the number of homes for sale per household, Miami-Ft. Lauderdale-Pompano Beach and Tampa-St. Petersburg-Clearwater top the list in inventory across the nation’s major metropolitan areas. More

Use Your Assets

Use Your Assets

Did you know that you can use your financial assets to qualify for a conforming, conventional mortgage? More

One Loan Per Second

One Loan Per Second

Did you know that it used to take up to two years’ worth of documentation and two months wait time to find out if your mortgage would be approved? More

Look Who's Renting Now

Look Who's Renting Now

Did you know that more than one-third of U.S. households rent their homes today? In fact, renting is more popular now than it’s been in almost 20 years. More

Buying a Home? Get CreditSmart

Buying a Home? Get CreditSmart

There’s a good reason why we dream of owning a home. And, there's also a good reason to prepare and become financially literate first. Why? Because educated borrowers are better prepared for successful, long-term homeownership and overall financial stability. Get smart through CreditSmart, our free financial education program. More

All in the Family

All in the Family

Did you know that 14 percent of recent homebuyers purchased a home to accommodate growing households as their adult children, siblings or aging parents move in? More