Down Payments - SpokaneWA.RealEstate

Buyers, Buying Myths, Down Payments, Downsizing, First Time Home Buyers, Housing Market Update, Move-Up Buyers

Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC]

Some Highlights Here’s what you really need to know about a few myths causing fear in today’s housing market. Despite common misconceptions, many people can buy a home even if they have student loans, home prices are rising nationally (not falling), and you usually don’t have to have 20% for a down payment.
Buying, Down Payments, Downsizing, First Time Home Buyers, Move-Up Buyers

Affordable Homeownership Strategies for Gen Z

The idea of owning a home has always been a big part of the American Dream. It’s a symbol of stability, independence, and having a place to truly call your own. But for Gen Z, the “Zoomers” born between 1997 and 2012, making that dream a reality can feel like quite the challenge today with […]
Buying, Down Payments, First Time Home Buyers, Homeownership, Pricing

Invest in Yourself by Owning a Home

Are you wondering if it makes sense to buy a home right now? While today’s mortgage rates might seem a bit intimidating, here are two compelling reasons why it still may be a good time to become a homeowner. Home Values Appreciate over Time There’s been a lot of confusion around what’s happened with home […]
Buying, Buying Myths, Down Payments, First Time Home Buyers, Homeownership, Interest Rates, Move-Up Buyers

Three Things Buyers Can Do in Today’s Housing Market

It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re thinking of buying […]