Down Payment
The Dallas-Fort Worth market is the most permissive in Texas when it comes to saving for a down payment.
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The surge of first-time homebuyers is growing at an incredible pace. Spurred by latent economic effects of our recent COVID climate, many have been drawn to the market by a perfect combo of cash stimulus and limited opportunities to spend. While many restaurants, bars, and entertainment venues have been out of commission, home offices have…
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A new Zillow analysis shows that first-time buyers today need a year longer to save for a down payment than they did five years ago.
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From staff reports The good news? A person with a high school diploma could (in theory) afford to buy a home in North Texas. The bad news? It will probably take seven years (at least) to save the down payment. A new Zillow research report matched median mortgage payments in the country’s 50 largest metro…
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Homeownership is the most consistent way to build up the nest egg you’ll need in retirement. People who downsize their homes are cashing out equity built up over a lifetime (and telling the kids they’re on their own). Sure, there are many reports that claim folks who rent in some areas make out better. But…
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