First Time Home Buyers | David M. Floyd

Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC]

by David Floyd | May 22, 2020 | First Time Home Buyers, For Buyers, Infographics, Interest Rates

Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect to determine the best way...

#1 Financial Benefit of Homeownership: Family Wealth

by David Floyd | May 18, 2020 | First Time Home Buyers, For Buyers, Move-Up Buyers

While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost forever. When you make a mortgage payment, much of...

Will Home Values Appreciate or Depreciate in 2020?

by David Floyd | May 11, 2020 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that...

U.S. Homeownership Rate Rises to Highest Point in 8 Years

by David Floyd | May 4, 2020 | First Time Home Buyers, For Buyers

For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down...

How to Test-Drive a Neighborhood While Sheltering in Place [INFOGRAPHIC]

by David Floyd | May 1, 2020 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights Staying at home doesn’t mean your search for a new place needs to come to a standstill. Check out these tips on how to explore other neighborhoods virtually in the homebuying process. You may find a spot that better suits your needs without ever...

Buying a Home Right Now: Easy? No. Smart? Yes.

by David Floyd | Apr 29, 2020 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last...