Market Updates: Slaying Myths About Buying A Home

Posted by Dil Gillani on Friday, November 13th, 2015 at 9:08am

Slaying Myths About Buying A Home [INFOGRAPHIC] | Keeping Current Matters
 
  • Interest Rates are still below historic numbers.
  • 88% of property managers raised their rent in the last 12 months.
  • Credit score requirements to be approved for a mortgage continue to fall. The 723 average score is the lowest since Ellie Mae began reporting on scores in August 2011.
  • The average first-time buyer down payment was 6% in 2015 according to NAR. 

 If you're curious about your home's market value, use our free Comparative Market Analysis tool! You'll get an instant home evaluation and even a free in-person assessment provided by one of our agents at your leisure.

Thanks to our friends at KCM for the awesome market information!

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