The National Association of Realtors estimates that 18% of all new homes bought are by single women, representing the fastest growing segment in the real estate market. The Joint Center for Housing says the reason for this is; the desire to own a home, a need to change the home size, or to be closer to family, job or school. Three out of four new home purchases are under $200,000, and single women are looking for two or more bedrooms. While location and quality of neighborhoods takes on a higher priority, single … [Read more...]
Real Estate: Second Homes
November 17, 2011 by Leave a Comment
The message delivered to the 2011 Realtors® Conference & Expo over the weekend was, “A diverse set of buyers and property types comprise the second-home sector and opportunities for second-home buyers exist in nearly every market, even in nontraditional, non-resort markets.” Many people investigating the real estate market in Big Bear are looking for getaways close to home. Your second home is an investment that should be carefully analyzed. Ask yourself the following questions: Do you plan to use it for … [Read more...]
Renting vs. Buying a Home
November 1, 2011 by Leave a Comment
Extremely low interest rates, lots of inventory, and cheap prices are all reasons why you should consider a home purchase. But, is it right for you to buy now? Let’s take a look at a few of the factors to consider when making the decision to buy or to rent: When To Buy A Home Buying a home is one of the biggest investments that you will ever make. If you have excellent credit, a stable job, and enough cash in the bank to make a down payment with money left over, then buying a home may be a wise financial decision … [Read more...]
