A Homeowner’s net worth is 44x greater than that of a renter.
A Homeowner’s net worth is 44x greater than that of a renter. There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did […]
4 Reasons Why We Are Not Heading Toward Another Housing Bubble
4 Reasons Why We Are Not Heading Toward Another Housing Bubble With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here […]
Buying Is Now 26.3% Cheaper Than Renting in the US
Buying Is Now 26.3% Cheaper Than Renting in the US The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted […]
How Long Do Most Families Live in a House?
How Long Do Most Families Live in a House? The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As […]
Speaking with your Accountant before buying a home.
Speaking with your Accountant before buying a home. A home is the most expensive purchase you are likely to make, unless you buy a medical practice. Your home is more than a place to lay your head, it can serve as an investement. Given the high price of homes and the impact on your monthly […]
We found a great Vacant Land lender!
We found a great Vacant Land lender! Why is it so hard to get a land loan? Answer: Land loans are simply hard to get because of three reasons. These reasons are: 1) Land loan lenders are limited in number compared to home loan lenders. 2) Few land loan lenders specialize in land loans and […]
Will Home Prices Fall as Mortgage Rates Rise?
Will Home Prices Fall as Mortgage Rates Rise? Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home prices will depreciate. […]
5 Ways Tax Reform Has Impacted the current Housing Market
5 Ways Tax Reform Has Impacted the current Housing Market Starting late last year, some predicted that the new tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted […]
Renting VS Owning as a Doctor
Renting VS Owning as a Doctor Starting late last year, some predicted that the new tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted status as a major […]
Doctorloanprograms.com mentioned in the Philly News!
Doctorloanprograms.com mentioned in the Philly News! Doctorloanprograms.com is proud to have been mentioned in the real estate edition of the Philly News!Read article here A mortgage to help doctors settle into new homes http://www.philly.com/philly/business/real_estate/20160331_A_mortgage_to_help_doctors_settle_into_ new_homes.html