Infographics
The Cost of Renting vs. Buying a Home [INFOGRAPHIC]
Some Highlights:
- Historically, the choice between renting or buying a home has been a tough decision.
- Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
- Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
Source: Keeping Current Matters
VA Home Loans by the Numbers [INFOGRAPHIC]
Some Highlights:
- The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership.
- In 2017, $189 billion was loaned to veterans and their families through the program.
- VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.
Source: Keeping Current Matters
The Difference an Hour Will Make This Fall [INFOGRAPHIC]
Every Hour in the US Housing Market:
- 596 Homes Sell
- 278 Homes Regain Positive Equity
- Median Home Values Go Up $1.20
Source: Keeping Current Matters
Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]
Some Highlights:
Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts:
- 72% of buyers who purchased homes this year have put down less than 20%.
- 76.4% of loan applications were approved last month.
- The average credit score of approved loans was 727 in September.