Thinking of Selling Your Home? Why You Need A Pro in Your Corner

by MyHomeIdaho | Apr 25, 2018 | For Sellers, FSBOs, Move-Up Buyers |

With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most...

Home Buying Myths Slayed [INFOGRAPHIC]

by MyHomeIdaho | Apr 21, 2018 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers |

Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for...

Is Family Mortgage Debt Out of Control?

by MyHomeIdaho | Apr 20, 2018 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers |

Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become...

How Much Do You Need to Make to Buy a Home in Your State?

by MyHomeIdaho | Apr 19, 2018 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers |

It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C....

Rising Prices Help You Build Your Family’s Wealth

by MyHomeIdaho | Apr 18, 2018 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers |

Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As...

Getting Pre-Approved Should Always Be Your First Step

by MyHomeIdaho | Apr 17, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers |

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your...