Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]

by MyHomeIdaho | Dec 7, 2019 | First Time Home Buyers, Infographics, Millennials

Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market,...

Buyers Are Looking For Your Home [INFOGRAPHIC]

by MyHomeIdaho | Nov 30, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights: Existing Home Sales are currently at an annual pace of 5.46 million. The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply. Inventory remains low due to high demand from buyers...

Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]

by MyHomeIdaho | Oct 26, 2019 | Buying Myths, First Time Home Buyers, For Buyers, Infographics

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 process: 71% of...

Homes Are Selling Quickly [INFOGRAPHIC]

by MyHomeIdaho | Oct 19, 2019 | For Buyers, For Sellers, Housing Market Updates, Infographics

Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate...

5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]

by MyHomeIdaho | Oct 5, 2019 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your local professionals are...

6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]

by MyHomeIdaho | Sep 14, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are...