Buyers

There are currently 25 blog entries related to this category.

Young homebuyers say they are ready for their next big purchase

Millennial home buyers

Many potential young homebuyers say that they are gearing up towards purchasing a home of their own. Young buyers and Millennials are reshaping the real estate market as they 

are finding their dream homes on their own. The reason for the increase in young people wanting to purchase might own a home than to rent one.

Why young buyers say they are ready for their next big buy

Although most Millennials prefer renting, those that seek home ownership are looking at the bigger picture and are considering a home purchase for the following reasons.

Qualifying for a mortgage is getting easier

Long gone are the days when qualifying for a mortgage was a long, drawn out process.

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How Millennials are changing the housing and real estate market

MillennialsMore and more Millennials are looking to purchase a home, and Millennials now represent 32 percent of homebuyers, which is the largest portion of homebuyers in the market. According to Austin Hale, a Millennial product manager for a real estate investment software company “Millennials present an entirely new dynamic in the real estate market. They’re much more likely to rent, to congregate in urban areas, and to be cautious when taking on debt.”

The purchasing habits and lifestyle changes of Millennials are altering the real estate market. The following are ways that Millennials are altering the way that the housing and real estate market operate.

Millennials have a preference for

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Atlanta’s real estate hot spots 2017

Atlanta Real Estate MarketThe residents of Cobb County have become increasingly worried about the prospect of higher property taxes. One of the main reasons for this may be the new SunTrust Park as more and more people become interested in owning a house in this area of town.

RE/MAX Georgia has indicated that Metro Atlanta’s real estate market continues to expand and grow rapidly as the home sales and price gains have failed to slow down and continue to show no signs of abating. RE/MAX has recently surveyed its brokers and analyzed a combination of data which has been provided by the local Metro Atlanta First Multiple Listing Service to determine which cities are in most demand. In this study, they found the following cities to be the

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A new study shows Atlanta homeowners are willing to pay a premium for their dream home

homebuyers in AtlantaMore and more individuals and Atlanta residents are looking to purchase a home during the Spring season. Spring seems to be the ideal time to buy a home and settle into a new routine. However, as homebuyers are gearing up for a busy Spring home buying season, approximately 70 percent of Atlanta residents are expecting the home purchasing process to be challenging. This difficulty according to the Georgia Multiple Listing Service is because of Atlanta’s shortage of homes for sale which was the most severe in the country as of May 2016. This report is good news for sellers.

The shortage of housing inventory is so drastic it has been labeled as historic. This has

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How much have home values changed in East Cobb?

Home values have seen significant changes since 2004. From 2004, home values rose significantly, only to fall during the collapse of 2007. It is safe to say the value of homes has been on a roller East Cobb Homescoaster since then. However, some areas have been affected more than others, and house price recovery is not consistent across counties. Many homebuyers and homeowners are not aware of how their home value has changed and if their area has been affected. Do you know if your area was affected or if it has recovered?

This is the question The Washington Post was on a mission to answer. They set out to study the country as a whole and individual neighborhoods and towns. In total, The Washington Post was able to

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Real estate Georgia laws to consider before buying a home

Purchasing a home is a big step regardless of the city or state in which you choose to reside. However, before calling a real estate agent and seeking to purchase a home in your desired area, you may want to look into the local real estate laws. Many potential homeowners aren’t aware of the fact that there are a significant number of laws per city that should be considered before purchasing a property.

The state of Georgia has multiple real estate laws. These laws can make purchasing a home safer for the homebuyer as well as for home renters. Consider the following legislation in Georgia before buying a home.

Homestead Laws

The homestead law allows home and other property owners to

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Tiny houses may be coming to Atlanta

Atlanta Tiny housesIn recent years, we have all become aware of the new trend in housing that has taken over across the United States. Under-sized homes have become a huge trend, and more and more people are interested in purchasing one. However, not all states have taken a liking to this trend and Atlanta is one of them.

Atlanta currently has laws that do not allow tiny homes to be built in the city. However, Atlanta Councilman, Kwanza Hall, who is running for mayor, has another idea in mind. He introduced legalization for tiny homes, which he hopes will place hundreds, if not more, tiny homes in the city. Councilman Hall has stated that creating tiny homes is all about diversifying housing choices offered to Atlanta residents or

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Atlanta versus the Suburbs-where is it cheaper to live?

Finding a home is an exciting and enjoyable time for many families, especially when you are considering where to move. However, once you start factoring in your family’s living costs, you may become Atlanta Suburbsa little less excited. Let’s face it, moving is expensive regardless of where you decide to go.

Many homeowners ask themselves before moving or purchasing a home, “Where is it cheaper to live, the city or the suburbs?” Different individuals will give you different answers; many people will tell you that the urban center is a lot cheaper while others will opt for the suburbs. We have done enough diligent research, and no doubt have found the correct answer to this question.

There are multiple

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7 Smart Tips for Buyers with Bad Credit

Homebuyers with bad creditPotential homebuyers have many things to think about when considering purchasing a home. One of the main financial difficulties they may come across is not being able to qualify for a good loan because of their credit score. Knowing your credit score when you are trying to purchase a home is essential. This is one of the first things lenders look at before granting a loan. In reality, your credit score shows lenders how reliable you are when it comes to paying off your debt.

Although lenders want to lend you the money to help you purchase your home, they also want to make sure you will be able to pay back your loan with little to no difficulties. If you have less than good credit you may come across as a

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6 Tax Breaks Most Home Buyers Don't Realize They Can Get

Tax season is here once again, which means you don't want to miss out on any tax deductions you may qualify for. Whether you purchased a home in 2016 or you’ve been living in your existing home for some time, you may benefit from a few home owner tax deductions. Here are some deductions to consider.

Mortgage Interest

One of the largest tax deductions for homeowners is the interest made on mortgage payments, which covers interests paid up to $1 million dollars.

As a home owner, you’ll need to file an itemized tax return in order to claim your deduction. To know how much you paid in interest your loan provider will send you a 1040 form shortly after the tax year ends showing how much you

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