Buying your first home can feel like stepping into unknown territory. If you don't plan financially, you risk overcommitting to payments, receiving a bad loan, or facing unexpected costs you aren't prepared to handle. The key is understanding your financial situation, improving areas like credit and savings, and planning for every cost involved. This guide takes you through all the steps[...]
Eric Teusink, managing partner and real estate attorney with Williams Teusink, joins host Carol Morgan for this week’s Atlanta Real Estate Forum Radio episode. Teusink discusses the legal ramifications of unmarried homebuyers purchasing real estate together in this podcast segment. He explains that it has become common practice in the last 10 to 20 years for people to purchase homes outside[...]
Deciding whether to rent or buy a home is a dilemma that most people face at some point in their lives. For students, this decision can feel especially tricky. Between balancing tuition fees, student loans, and other expenses, it might seem overwhelming to consider whether buying a property is even an option. However, both renting and buying come with their[...]
Artisan Built Communities debuts Horizon Line of home plans at new Calhoun community Artisan Built Communities announces a new line of entry-level, affordable home plans to its extensive plan library. The Horizon line includes eight two-story floor plans making their debut at Salacoa, a new community opening in Calhoun later this year. “We are excited to unveil a new collection of entry-level[...]
Redfin recently revealed startling findings about the U.S. housing market. To afford the typical starter home, a first-time buyer must earn $64,500 per year. This figure is up 13% from last year due to rising mortgage rates and home prices. The income needed to afford a starter home has risen over 20% in Fort Lauderdale, FL, and Miami -- more[...]
As the largest generation in the country, Millennials are taking the homeownership world by storm. According to RentCafe, the number of Millennials who own a home has significantly increased within the last five years. With 52% of Millennials owning a home, the generation is no longer a renter-majority demographic. Millennial homeownership reached 18.2 million in 2022, making Gen Y the second fastest-growing[...]
Senior Loan Consultant with New American Funding Jay Glover joins the Atlanta Real Estate Forum Radio podcast to discuss the current state of the market and the lender’s wide variety of loan products for first-time homebuyers. Glover joins host Carol Morgan on the All About Real Estate segment. A resident of Gainesville, Georgia, Glover has been in the mortgage industry since[...]
Buying your first home is an exciting and overwhelming experience. It should be an enjoyable one, which is why Atlanta Real Estate Forum has five first time homebuyer tips. Just because you can, doesn't mean you should. Remember, home buying is not a competition. Decide on how much home you really need and how much you can really afford, and[...]
Kim Arrington, Branch Manager of the New American Funding metro Atlanta office, joins the Atlanta Real Estate Forum podcast to discuss educating homebuyers on being mortgage ready and new diversity initiatives, highlighting the New American Dream Initiative. She joins hosts Carol Morgan and Todd Schnick for the All About Real Estate segment. Arrington has a great passion for helping homeowners find[...]
Tired of rising rental costs and national student debt averaging $36,635 per individual, Millennials (those aged 25 to 40) are trading their apartments and condos for a home of their own. Millennials place greater emphasis on home buying and investing when in a serious relationship, waiting to tie the knot in their thirties versus previous generations who commonly married in[...]