first time home buyer Archives -

30 Oct 2018 / down payments

More Than 25% of California Homes Were Bought with Down Payments of 3.5% or Less

A research report compiled by the Urban Institute shows that almost 30% of home buyers in California purchased a home with a down payment of 3.5% or less in 2017. Home buyers who put down 20% or more represented 42% of transactions. These statistics show more proof to quash the popular myth that all home…

Own vs. Rent: Where in OC Can You Own for less than $3,000 or $4,000 a month?

In Orange County, the median rent price is $3,022 and that amount is slightly above the Los Angeles MSA based on real estate data providers. According to real estate data provider RentCafe, in the city of Irvine, the median rent price for a 3 bedroom is $2,988. In nearby Aliso Viejo, it is $2,650. The…

9 Home Buyer Myths and Facts

For many consumers the decision to buy a home is one of the largest purchases of their lives. Many home buyers will be new to the process or haven’t owned a home in the last three years. It can be confusing to know what is true and what is a myth. The following are the…

More Than 25% of California Homes Were Bought with Down Payments of 3.5% or Less

Own vs. Rent: Where in OC Can You Own for less than $3,000 or $4,000 a month?

9 Home Buyer Myths and Facts

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