What Would You Sacrifice To Buy A Home? [INFOGRAPHIC]

Sacrifices-to-Buy-BOA-K

Buying a Home: Down payments

down paymentSo you’ve found your perfect home and you’re ready to move in and make it yours. But there’s one giant hurdle that stands between you and your new sanctuary – the down payment.

10 mistakes to avoid when investing in real estate

10-Mistakes-To-Avoid-When-Investing-In-Real-Estate

The Difference Interest Rate Make

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Slaying Myths About Buying A Home [INFOGRAPHIC]

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Millennials and Housing

Housingwire published a story that loanDepot interviewed 1,000 parents of Millennial-aged children and 1,000 adults ages 18-38 to see what the financial relationship is like between the two. The study found that 85% of Millennials plan to own a home someday; however, how they will afford it is a different story.

Seventeen percent of parents said they plan to help their children buy homes, while only 11% expect to be paid back (check out the bottom, left of the graph below).

Oddly enough, the percent of parents expecting to be paid back is significantly lower than the 43% of Millennials who plan on repaying their parents.

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Foreclosure Inventory Hits Lowest Mark in Over 7 Years [INFOGRAPHIC]

Thanks to KCM for this infographic.Corelogic-Foreclosure-KCM

Cost of Land in the US in the Past 40 Years

Have you ever wondered how much it would cost to buy an average piece of land in your state 40 years ago? Click on the map to find out.

land aquisition

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Mortgage Rates Over The Last 40 Years

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