pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7003 src=https://www.shanewillis.com/wp-content/uploads/2019/10/20191025-MEM-1046x667-1.png alt= width=1046 height=767 srcset=https://www.shanewillis.com/wp-content/uploads/2019/10/20191025-MEM-1046x667-1.png 1046w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191025-MEM-1046x667-1-300x220.png 300w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191025-MEM-1046x667-1-768x563.png 768w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191025-MEM-1046x667-1-1024x751.png 1024w sizes=auto, (max-width: 1046px) 100vw, 1046px //p

h3strongSome Highlights:/strong/h3

pMany potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:/p

ul

li71% of buyers who purchased homes have put down less than 20%./li

li78.1% of loan applications were approved last month./li

liIn September, the average credit score for approved loans was 737./li

/ul

h3 style=text-align: center;strongTo Schedule /strong/h3

p…/p

pThe post a href=https://www.shanewillis.com/podcast/buying-a-home-can-be-scaryuntil-you-know-the-facts-infographic/Halloween Special: Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-6999 src=https://www.shanewillis.com/wp-content/uploads/2019/10/20191007-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/10/20191007-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191007-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pAccording to the ‘a title=2019 Home BuyerReport href=https://www.nerdwallet.com/blog/2019-home-buyer-report/ target=_blank rel=noopener noreferrerem2019 Home Buyer Report/em/aem’/em conducted by emNerdwallet/em, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market:/p

blockquote

pem“More than 6 in 10 (62%) Americans believe you must put at least 20% down in order to purchase a home.”/em/p

/blockquote

pWhen potential homebuyers think they need a 20% down payment to enter the market, they also tend to think they’ll have to a title=wait several years href=https://www.shanewillis.com/blog/how-quickly-can-you-save-your-down-payment/wait several years/a (in some markets) …/p

pThe post a href=https://www.shanewillis.com/podcast/62-of-buyers-are-wrong-about-down-payment-needs/62% of Buyers Are Wrong About Down Payment Needs/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

p /p

pimg loading=lazy decoding=async class=size-full wp-image-6992 src=https://www.shanewillis.com/wp-content/uploads/2019/10/20191022-KCM-Share.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/10/20191022-KCM-Share.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191022-KCM-Share-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

p /p

pTo understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think./p

pIn real estate today, there are essentially three different price points in the market: the starter-home market, the middle-home market, and the premium or luxury market. Each one is unique, and depending on the city, the price point in these categories will vary. For example, a starter or lower-end home in …/p

pThe post a href=https://www.shanewillis.com/podcast/depending-on-the-price-youre-going-to-need-advice/Depending on the Price, You’re Going to Need Advice/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pMuch has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject./p

pIn the most recent a title=Apartment Rent Report href=https://www.rentcafe.com/blog/rental-market/apartment-rent-report/peak-rental-season-comes-end-national-average-rent-reaches-1472/ target=_blank rel=noopener noreferrerApartment Rent Report/a, emRentCafe/em explains how rents have continued to increase over the last twelve months because of a large demand and a limited supply./p

blockquote

p em“Continued interest in rental apartments and /ema title=slowing construction href=https://www.rentcafe.com/blog/rental-market/apartment-construction-2019/ target=_blank rel=noopener noreferreremslowing /em/a/p

/blockquote

p…/p

pThe post a href=https://www.shanewillis.com/podcast/think-prices-have-skyrocketed-look-at-rents/Think Prices Have Skyrocketed? Look at Rents./a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-6969 src=https://www.shanewillis.com/wp-content/uploads/2019/10/20191008-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/10/20191008-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191008-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pWhile a recent announcement from a title=CNBC href=https://www.cnbc.com/2019/09/10/average-fico-score-hits-all-time-high.html?__source=twitter%7Cmain target=_blank rel=noopener noreferreremCNBC/em/a shares that the average national FICOstrong®/strong score has reached an all-time high of 706, the good news for potential buyers is that you don’t need a score that high to qualify for a mortgage. Let’s unpack the credit score myth so you can to become a homeowner sooner than you may think./p

pWith today’s a title=low interest rates href=https://www.shanewillis.com/blog/whats-the-latest-on-interest-rates/low interest rates/a, many believe now is a great time to buy – and rightfully so! a title=Fannie Mae href=https://www.fanniemae.com/resources/file/research/housingsurvey/pdf/nhs-monthly-data-090919.pdf target=_blank rel=noopener noreferreremFannie Mae/em/a…/p

pThe post a href=https://www.shanewillis.com/podcast/what-fico-score-do-you-need-to-qualify-for-a-mortgage/What FICO® Score Do You Need to Qualify for a Mortgage?/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-6964 src=https://www.shanewillis.com/wp-content/uploads/2019/10/20191009-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/10/20191009-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191009-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pIf you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great place to start the home-buying process, and the truth on why it should never be your only go-to resource when it comes to making such an important decision./p

pAccording to the emNational Association of Realtors/em (NAR), the a title=three most popular href=https://www.nar.realtor/infographics/infographic-2019-real-estate-in-a-digital-age target=_blank rel=noopener noreferrerthree most popular/a…/p

pThe post a href=https://www.shanewillis.com/podcast/3-reasons-to-use-a-real-estate-pro-in-a-complex-digital-world/3 Reasons to Use a Real Estate Pro in a Complex Digital World/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=size-full wp-image-6958 src=https://www.shanewillis.com/wp-content/uploads/2019/10/20191017-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/10/20191017-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191017-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pNo one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, however, the market is very different now. Here are three suppositions being put forward by some, and why they don’t …/p

pThe post a href=https://www.shanewillis.com/podcast/3-reasons-this-is-not-the-2008-real-estate-market/3 Reasons This is NOT the 2008 Real Estate Market/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

p /p

pIn today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from emrealtor.com/em’s a title=article href=https://www.realtor.com/advice/buy/how-to-find-your-dream-home-without-losing-your-mind/ target=_blank rel=noopener noreferrerarticle/a, em“How to Find Your Dream Home—Without Losing Your Mind.”/em/p

pstrong1. Get Pre-Approved for a Mortgage Before You Start Your Search/strong/p

pOne way to show you’re serious about buying your dream home is to get pre-qualified or a title=pre-approved href=https://www.shanewillis.com/blog/stop-wondering-what-your-budget-is-get-pre-approved/pre-approved/a for a mortgage. Even if …/p

pThe post a href=https://www.shanewillis.com/podcast/5-tips-for-starting-your-home-search/5 Tips For Starting Your Home Search/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pa href=https://www.shanewillis.com/wp-content/uploads/2019/10/20191015-Share-KCM.jpgimg loading=lazy decoding=async class=aligncenter size-full wp-image-6941 src=https://www.shanewillis.com/wp-content/uploads/2019/10/20191015-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/10/20191015-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191015-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //a/p

pYou’ve likely heard a ton about Millennials, but what about Gen Z? In the next 5 years, this generation will be between the ages of 23 and 28, and they’re eager to become homeowners faster than you may think./p

pAccording to a title=realtor.com href=https://magazine.realtor/daily-news/2019/02/01/hey-gen-z-better-start-saving-for-a-home-now?utm_source=feedburnerutm_medium=feedutm_campaign=Feed%3A+DailyRealEstateNews+%28Daily+Real+Estate+News%29 target=_blank rel=noopener noreferreremrealtor.com/em/aem,/em “emNearly 80 percent of Generation Z members say they want to own a home before age 30,/em” and a title=Concentrix Analytics href=https://info.bankofamerica.com/assets/pdfs/BofA-2019-HBIR.pdf target=_blank rel=noopener noreferreremConcentrix Analytics/em/a said, “em52% of prospective Gen Z buyers are already saving to buy a home.”/em…/p

pThe post a href=https://www.shanewillis.com/podcast/be-on-the-lookout-for-gen-z-the-next-generation-of-homebuyers/Be on the Lookout for Gen Z: The Next Generation of Homebuyers/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pa href=https://www.shanewillis.com/wp-content/uploads/2019/10/20191018-MEM-1.jpgimg loading=lazy decoding=async class=aligncenter size-full wp-image-6935 src=https://www.shanewillis.com/wp-content/uploads/2019/10/20191018-MEM-1.jpg alt= width=1500 height=1941 srcset=https://www.shanewillis.com/wp-content/uploads/2019/10/20191018-MEM-1.jpg 1500w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191018-MEM-1-232x300.jpg 232w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191018-MEM-1-768x994.jpg 768w, https://www.shanewillis.com/wp-content/uploads/2019/10/20191018-MEM-1-791x1024.jpg 791w sizes=auto, (max-width: 1500px) 100vw, 1500px //a/p

h3strongSome Highlights:/strong/h3

ul

liThe emNational Association of REALTORS®/em surveyed their members for the release of their emConfidence Index./em/li

liThe emREALTORS® Confidence Index/em is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions./li

liHomes across the country are selling quickly, in an average of just 31 days./li

li49% of homes sold in less than a month./li

/ul

h3 style=text-align: center;strongTo Schedule a /strong/h3

p…/p

pThe post a href=https://www.shanewillis.com/podcast/homes-are-selling-quickly-infographic/Homes Are Selling Quickly [INFOGRAPHIC]/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p