by David Floyd | May 8, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage. The truth is that...
![Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]](http://davidmfloyd.com/wp-content/uploads/2019/04/20190412-Share-KCM-549x300.jpg)
by David Floyd | Apr 12, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing, Rent vs. Buy
Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit...
by David Floyd | Mar 26, 2019 | Buying Myths, First Time Home Buyers, For Agents, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths
“I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” – John Stuart Mill (1840s) Even back in the mid-1800s, people knew that negative news sells. That is still...
by David Floyd | Feb 7, 2019 | Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing
Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. Those headlines are accurate. Understandably, buying a home is more expensive now than immediately following one of the worst housing crashes...
by David Floyd | Feb 5, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. In combination with...
by David Floyd | Jan 14, 2019 | Buying Myths, First Time Home Buyers, For Buyers
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your...
