![You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]](https://www.emellopagani.com/wp-content/uploads/sites/15/2023/02/You-May-Not-Need-As-Much-As-You-Think-For-Your-Down-Payment-MEM-480x675.jpg)
by Emello Pagani | Feb 3, 2023 | Buyers, Buying Myths, Infographic
Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to...
![Homeownership Builds Your Wealth over Time [INFOGRAPHIC]](https://www.emellopagani.com/wp-content/uploads/sites/15/2023/01/Homeownership-Builds-Your-Wealth-In-The-Over-Time-MEM-480x675.jpg)
by Emello Pagani | Jan 27, 2023 | Buyers, First Time Home Buyers, Infographic
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in...
by Emello Pagani | Jan 26, 2023 | Buyers, First Time Home Buyers, Housing Market Updates
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that...
by Emello Pagani | Jan 24, 2023 | Buyers, First Time Home Buyers, Housing Market Updates
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp,...
by Emello Pagani | Jan 19, 2023 | Buyers, First Time Home Buyers, Move-Up Buyers
One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells...
by Emello Pagani | Jan 17, 2023 | Buyers, Buying Myths, First Time Home Buyers
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...
