FM Home Loans Queens

Americans Favor Homeownership as an Investment Given the option, most Americans would prefer to invest in homeownership than in stocks. Let's connect today if you're ready to enjoy the financial benefits of homeownership. #retirement #realestate #mortgage #investment #financialplanning #realtor #retirementplanning #financialplanning #retirementplanning #lifeinsurance #personalfinance #savings #interestrates #homeownership #investments #wealth

4 Tips to Maximize the Sale of Your House Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to the National Association of Realtors (NAR), homes are typically on the market for just 18 short days. Despite t...he speed and opportunity for sellers, there are still steps you can take to prep your house to shine so you get the greatest possible return. 1. Make Buyers Feel at Home 2. Keep It Clean 3. Give Buyers Access 4. Price It Right Bottom Line If you want to sell on your terms, in the least amount of time, and for the best price, today’s market sets the stage to make that happen. Let’s connect today to determine the best ways to maximize the sale of your house this year. #realestate #realestate #realtor #mortgage #home #realtors #realestateagent #mortgage #realtor #sold #realtors #sold #housing #homesforsale #realestatemarket #kellerwilliams #opportunity #remax #stage

82,338 Great Reasons to Buy a Home Today The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation Survey, a survey of over one hundred economists, real estate experts, and investment and market strategists, exp...ects home appreciation to increase as follows: 2021: 6% 2022: 4.5% 2023: 4% 2024: 3.6% 2025: 3.5% Using their annual projections, the graph below shows the equity build-up a purchaser could earn, using a $350,000 home as an example: A homeowner could increase their net worth by over $80,000 in five years. That’s an average of $16,000 annually. That number should be in any equation determining the financial benefits of owning a home compared to renting. Bottom Line Homeowners are going to make a substantial amount of money in home equity over the next five years. If you’re ready to buy a home, let’s connect so you can enjoy this great benefit as well. # #realestate #mortgage #realtor #investment #homeownership #mortgages #money #home #property #housing #realestateagent #homeowners

How Much Time Do You Need To Save for a Down Payment? One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think. Using data from the U.S. Department of Housing and Urban Development (HUD) and Apartment List, we can estimate how long it might take someon...e earning the median income and paying the median rent to save up for a down payment on a median-priced home. Since saving for a down payment can be a great time to practice budgeting for housing costs, this estimate also uses the concept that a household should not pay more than 28% of their total income on monthly housing expenses. According to the data, the national average for the time it would take to save for a 10% down payment is right around two and a half years (2.53). Residents in Iowa can save for a down payment the fastest, doing so in just over one year (1.31). The map below illustrates this time (in years) for each state: #mortgage #housing #realestate #homebuyers #loans #home #development #housing #homebuyers #loans #homeowners #realestate #data #home #development #finance #loan

Your Tax Refund and Stimulus Checks May Help You Reach Your Homeownership Goals If you're ready to buy your first home, your tax refund and stimulus savings may cover more of a down payment than you realize. Let's connect to discuss how these key savings could add up big for your homebuying goals this year.