First Time Home Buyers | David M. Floyd

Is the Number of Homes for Sale Finally Growing?

by David Floyd | Sep 19, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason...

5 Tips for Making Your Best Offer

by David Floyd | Sep 19, 2021 | First Time Home Buyers, For Buyers, Move-Up Buyers

In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found...

Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]

by David Floyd | Sep 11, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing

Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly...

What You Can Do Right Now To Prepare for Homeownership

by David Floyd | Sep 5, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy

As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in...

The Difference in Net Worth Between Homeowners and Renters Is Widening

by David Floyd | Sep 5, 2021 | First Time Home Buyers, For Buyers, Rent vs. Buy

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial...

If Housing Affordability Is About the Money, Don’t Forget This.

by David Floyd | Aug 29, 2021 | First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in...