Z House Realty Group

Buying A Home Can Be SCARY... Until You Know The FACTS! [INFOGRAPHIC]

Posted by Janice Ziesig on October 20, 2015 in  Buying
Some Highlights: 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%. 71% of loan applications were approved last month The average credit score of approved loans was 723 in September (the lowest recorded score since Ellie Mae began tracking in August 2011). ... read more
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Some Highlights: The average 30-year rate for all loans closed in August eclipsed 4.3% for the first time since October 2014. The average FICO score for all closed loans in August reached a new yearly low at 724 (the lowest since February 2014!) The average down payment of FHA loans closed was just 4%! ... read more
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Why You Should Stop Renting & Buy Today!

Posted by Janice Ziesig on October 09, 2015 in  Buy  Rent
There are many young people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home. Housing Cost & Net Worth Whether you rent or buy, you have a monthly housing cost. As a buyer, you are paying YOUR mortgage. Every mortgage payment is a form of what Harvard University’s Joint Center for Housing Studies calls “forced savings.” “Since many people have trouble saving and have to make a housing payment o... read more
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Over 23% Thinking of Selling. Why the Hesitation?

Posted by Janice Ziesig on October 08, 2015 in  Real Estate Market Statistics  Sell
Last month, the National Association of Realtors (NAR) reported that housing inventory was down 4.7% from the same time last year and that the month’s inventory of homes for sale stood at 4.8 - far below the six months necessary for a normal housing market. Why is there such a shortage of inventory? The recently released Homeowner Sentiment Survey suggests that the American homeowner may not be fully aware of the opportunities that exist in the current real estate market. The survey, conducted by... read more
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Economic Impact of Every Home Sold [INFOGRAPHIC]

Posted by Janice Ziesig on October 07, 2015 in  Real Estate Market Statistics  Sell
Some Highlights: Every time a home is sold, the surrounding economy feels a boost. Different industries and businesses benefit at each stage of the process of moving into a home! Hawaii leads the way with a $177,000 boost to the local economy. ... read more
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