In a previous post, I dived into the market conditions that would help you understand whether now was the “right” time to buy or not. At the end of the day though, it all comes down to what your individual situation is, so let’s take a look at some of the key factors to consider …
Category Archives: Analysis
First Time Home Buyer Series: Is My Home an Asset? A More Comprehensive Look
A home is the single largest purchase most people make in their lives, often costing multiples of what they earn in a year. People who have owned their homes for many years often sell them for a higher price than they originally purchased, but is a home really an asset though? Let’s start with a …
Continue reading “First Time Home Buyer Series: Is My Home an Asset? A More Comprehensive Look”
First Time Home Buyer Series: How Much Should I Put Down on Buying a Home? Understanding the Pros & Cons of the Downpayment
If you’ve started the home buying process and are looking for more information on the pros and cons of a low vs. high downpayment, you’ve come to the right place. In this post, I will be reviewing (jump links below):– Downpayment Options– Financial Scenarios for a Low & High Downpayment– Investing the Difference: Does it …
First Time Home Buyer Series: Is Now the “Right” Time to Buy? A Look at Market Conditions
Market Conditions As you would expect, each regional market, as well as areas/neighborhoods within the regions are distinct and unique. The old real estate adage is “location, location, location” after all. Home prices differ vastly from San Francisco to Omaha, and are also very different from Mountain View to Oakland. So what are some of …