by Charles River Properties | Mar 10, 2023 | Buyers, Buying Myths, First Time Home Buyers
Some Highlights If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation. If you’re ready to take...
by Charles River Properties | Feb 23, 2023 | Buyers, Buying Myths, First Time Home Buyers
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable....
by Charles River Properties | Feb 3, 2023 | Buyers, Buying Myths, Infographic
Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to...
by Charles River Properties | Jan 17, 2023 | Buyers, Buying Myths, First Time Home Buyers
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...
by Charles River Properties | Jan 13, 2023 | Buyers, Buying Myths, First Time Home Buyers, Infographic
Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to...
by Charles River Properties | Jan 3, 2023 | Buyers, Buying Myths, First Time Home Buyers
If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make the process...