Compass Contemplations for Halloween
- By Leonard Steinberg
- Posted
Blog :: 10-2019
Compass Contemplations for Wednesday
- By Leonard Steinberg
- Posted
Buying a home can be SCARY…Until you know the FACTS
- By Michael Lyons
- Posted
![Buying a home can be SCARYUntil you know the FACTS [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2019/10/22080625/20191025-MEM-1046x667.jpg)
Some Highlights:
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the [...]
4 Reasons to Buy a Home This Fall
- By Michael Lyons
- Posted
Here are four great reasons to consider buying a home today, instead of waiting.
1. Prices Will Continue rising
CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will continue to increase at a rate of 5.8% over the next year.
The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes
[...]Compass Contemplations for Friday
- By Leonard Steinberg
- Posted
DID YOU KNOW? Construction on U.S. new houses fell more than 9% in September, but a recent surge in permits suggests the decline in so-called housing starts is just a brief pause in a real estate market reinvigorated by lower mortgage rates. Housing starts slid to an annual rate of 1.26 million last month from a revised 1.39 million in [...]
Compass Contemplations for Wednesday
- By Leonard Steinberg
- Posted
Homeownership is the Top Contributor to Your Net Worth
- By Michael Lyons
- Posted
Many people plan to build their net worth by buying CDs or stocks or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth,
“The biggest determinants of household wealth [are] owning a home and having a retirement
[...]
What FICO® Score Do You Need to Qualify for a Mortgage?
- By Michael Lyons
- Posted
While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for potential buyers is that you don’t need a score that high to qualify for a mortgage. Let’s unpack the credit score myth so you can to become a homeowner sooner than you may
[...]
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