Posts

Showing posts with the label Impact of Interest Rates on Housing

Real Estatin' The Facts Market News - 2/11/2022

   Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends. First-time homebuyer guide: steps to get you started Source: Fox Business News Owning a home has been a pillar of the American dream for decades, and for good reason. Homeownership brings financial benefits like stable monthly payments and tax deductions, and intangibles like the ability to put down roots in your community. But now may or may not be the right time for you to take the leap and buy your first home. Before you go any further, you’ll first want to go through some steps including deciding whether homeownership is right for you, getting your finances into shape, setting your budget and saving for a down payment.   READ MORE...  CA housing affordability inches up in 4th-quarter 2021 Source: CALIFORNIA ASSN. OF REALTORS® A tempering of home price growth combined with a solid increase in household incomes improved the affordability outlook for Californians in the fourt