Myths for A First Time Buyer As you might have guessed, there are a lot of myths surrounding the home buying process! Because laws, regulations, and standard practices change somewhat frequently, we find that information that first time buyers have received (usually from their parents) may be a bit outdated. The biggest myth involves the amount…
Foreclosures are back to normal…. almost! Nearly seven years after the housing market collapsed, industry analysts are reporting a significant drop in foreclosures that is suggestive of a recovered housing market. Incredibly, the foreclosure rate has dropped 67% since its peak in September 2010. Rising home values, buyer demand (especially compared to the low inventory of homes…