Home >> Tag Archives: Homebuying process

Tag Archives: Homebuying process

Average American Homeowner Rents for Five Years Before Buying a Home

The average American homeowner was able to purchase their first home at nearly 29 years old, according to a new survey from Shane Co.'s The Loupe. The survey revealed that the average homeowner rents for roughly five years before purchasing a home, while more than 25% of respondents believe it's now impossible to afford a home as a single person in the current housing market.

Read More »

The Down Payment is the Big Thing

The most commonly cited concern among potential homebuyers is coming up with enough money for that initial payment, which in some cases could cost as much as two-thirds of a buyer's yearly income, according to one poll.

Read More »