- Your Voice
Making a list of resolutions is as much a part of some people’s New Year’s traditions as watching the ball drop at midnight. We set goals to exercise more, eat less and eliminate unhealthy habits. Unfortunately, nearly 80 percent of those who to make resolutions fail to keep them – particularly promises that involve quitting or giving up something, according to psychologists.
(NAPSI)—The American dream of homeownership may not be as hard to attain as many people seem to fear. A few intriguing facts and hints can help.
Homeownership is still attainable to qualified buyers. (NAPS)
(StatePoint) You may have heard the rule of thumb that you shouldn't buy a home unless you can put down 20 percent of the purchase price. However, today’s home buyers have many choices when it comes to the size of the down payment.
Arizona has been known to lure new residents with its favorable climate and low taxes, but three new studies may give the state a fresh appeal: zombie apocalypse survivability.
(BPT) - Owning a home is part of the American Dream, yet standards on income, credit and debt are making it tougher to buy a home than it was 10 years ago. Even though requirements are relaxing, only three out of five borrowers get approved.
Buying a home in Tucson just got easier.
(NAPSI)—The American Dream may have looked like more of a nightmare to the millions of millennials who entered the workforce in recent years—but there could be good news.
Many millennials may be surprised to learn just how easily they can own their own homes. (NAPS)
(StatePoint) Despite its many benefits, homeownership is not without its financial risks. Whether you’re a current homeowner needing assistance, or you’re looking to purchase a home in the future, realistic goals, sound advice, careful planning, and a clear understanding of the costs involved are critical.
The American dream of homeownership is alive and well, just as it was before the housing crisis hit. Despite the extreme fallout from the Great Recession, people still want a place to call their own. A place where they can raise a family, make memories and live comfortably. And, while purchasing a new home provides tremendous opportunity for families looking to improve their lives, the implications are even greater to the economy as a whole.
(BPT) - With the average American getting married later than they have in a century, according to the National Center for Family and Marriage Research, more and more singles aren't waiting for wedding bells before they take the plunge into homeownership. A new CENTURY 21 Real Estate survey shows that while singles are less willing to make lifestyle sacrifices in order to purchase a home, they still value homeownership. Find out how these determined buyers pull it off with the help of agents who understand their unique needs.
(StatePoint) As a result of the recent housing crisis, many potential homebuyers, especially first-timers, are hesitant to enter the market. But if you’re holding back, evaluate why. Experts say your reasons may be based on myth.
(BPT) - With each passing year, student loan debt is digging a deeper hole for more young Americans. Over a nine-year period, the average student loan balance among 25-year-olds has grown 91 percent, from $10,649 in 2003 to $20,326 in 2012. More than 38 million Americans have outstanding debt amounting to nearly $1 trillion. This figure has nearly quadrupled over the last four years, surpassing both credit cards and auto loans as a leading source of personal debt, according to Pew Research and the Federal Reserve Bank of New York.
The Great Recession may be in the rear-view mirror, but its effects on household formation are still being felt. According to researchers, 1.2 million more adults live with their parents than just eight years ago.
(BPT) - The housing market is thriving in many parts of the country, and the driving force is an estimated 92 million Gen Now consumers between the ages of 19 and 37 (aka Gen Y or Millennials) that will enter the market to become new homebuyers by the year 2020. These consumers have grown up during the introduction of the Internet, social networking, mobile devices and a huge recession. Not surprising, this massive group is demanding far different features in their homes from what their parents and grandparents have desired in the past, and it may forever change the way homes are designed and built in the future.
To own or rent, that is the question that continues to weigh on the minds of potential homebuyers everywhere. While the gap may have narrowed over the past year due to rising mortgage rates and home values, buying is still a better bargain than renting in most communities across the country – including Phoenix and Tucson -- according to an online real estate company.
(StatePoint) When it comes to budgeting and debt, are you financially literate? Over two-fifths of U.S. adults would give themselves a grade of C, D or F on their knowledge of personal finance, according to a recent National Foundation for Credit Counseling (NFCC) survey.
Today’s building trends are leaps away from what they were even just a decade ago. As technology has evolved, homeowner’s lifestyles have progressed in interesting ways. One notable change is more people telecommuting from home. However, with the advent of tablet devices equipped with wireless internet many are carving out spaces in the kitchen or living spaces rather than utilizing traditional home offices. The hub of the house for today’s homeowner consists of larger kitchens outfitted with casual dining spaces and hybrid office/ workspaces. For new construction, a “smart wired” house is a must, and slim, sleek smart TVs that stream movies, allow web surfing and Skyping with long distance relatives are becoming a luxurious commonplace. Lighting, temperature, whole house audio, security and even pool equipment can now be controlled conveniently and even while away with an iPad or similar device.
We’ve always known home buying is an entirely subjective experience, largely dependent on personal circumstances and tastes. Now, two national surveys shed light on how generational differences can influence the choices buyers make concerning home size, location and age.
(StatePoint) There’s a good reason why many people dream of owning a home. Homeownership offers benefits such as stable monthly payments and the opportunity to establish a sense of community. It can also be a way to build equity over time.
Despite rising housing prices, homeownership remains within reach for the majority of Americans, according to information released last month by the National Association of Home Builders.