Home Buying is More Affordable than Ever
The latest affordability report from Zillow shows that rents in the US are become less affordable. In the second quarter of 2015, rents hit the least affordable point to date, with renters in US markets spending an average of 30.2% of monthly income on rent payments. Mortgages, however, continue to be affordable to many buyers. […]
Mortgage Rates Hit Seven-Month Low!
Mortgage rates this week fell from a recent seven-month high, according to data recently released by Freddie Mac. The 30-year fixed rate average decreased to 4 percent, compared to a rate of 4.17 one year ago. The 15-year fixed rate average dropped to 3.23 percent, compared to 3.25 percent at this time last year. […]
Last-Minute Tax Tips for Homeowners
Time is ticking as the tax-filing deadline approaches! Before you pay up to Uncle Sam, be sure claim all the tax deductions and credits you’re eligible for! Mortgage Interest Deduction – This is the most well-known deduction, and a huge benefit of being a homeowner. Deduct mortgage interest for both your primary residence and second […]
Special Incentives for New Home Purchases at Kelly Mill and Ashbrook!
Richardson Housing Group (RHG Homes) is pleased to announce special incentives for new home purchases at Kelly Mill and Ashbrook, featuring new homes in Gwinnett County! For a limited time, receive ZERO CLOSING COSTS on any loan for contracts written between February 27 and March 31, 2015! Kelly Mill features new homes in Grayson from […]
“Who’s Who” for Your New Home Purchase
There are so many people involved when you buy a new home – brokers, agents, attorneys, and more – it can be quite confusing! Here’s a quick primer on the main players who will be involved in your new home purchase. Real Estate Agent The most familiar person to you might be the real estate […]
An Increase in Housing Stock Means that NOW is the Time to Purchase Your New Home!
The growing economy has created an incredible uptick in home sales over the past several months. Whereas during the recession, there was a surplus of available homes, home sales have become increasingly competitive in recent months, signaling the presence of a strong seller’s market. If you are like many home buyers, you may have been […]