On average, homeowners stay in their houses for six years. At the end of this period, their home has likely appreciated sizable. For buyers purchasing a home with the intent to live in it for the next several years, tumultuous market conditions do not affect their long-term plans. On average, homeowners stay in their houses for six years. At the end of this period, their home has likely appreciated sizable. For buyers purchasing a home with the intent to live in it for the next several years, tumultuous market conditions do not affect their long-term plans.
On average, homeowners stay in their houses for six years.
At the end of this period, their home has likely appreciated sizable.
For buyers purchasing a home with the intent to live in it for the next several years, tumultuous market conditions do not affect their long-term plans.
Here are the facts on resale homes in Ada County. Year Units Sold 2001 3,539 2002 4,685 2003 5,275 2004 6,004 2005 7,351 2006 6,547 2007 5,173 2008 3,371 Through Oct 08. 4,000+ project for 08 This year will be the 7th best year in resale home sales in Ada County EVER! Granted this is down from the high point of 2005 but lets have some perspective here. I think anyone would agree that 05 & 06 were a bit out of wack.
Here are the facts on resale homes in Ada County.
This year will be the 7th best year in resale home sales in Ada County EVER!
Granted this is down from the high point of 2005 but lets have some perspective here. I think anyone would agree that 05 & 06 were a bit out of wack.
Many loan programs have been eliminated over the past year but if you are in a “qualified profession” (residents, physicians, orthodontists and dentists) there are some very attractive loan options even if you are new on the job.
I know of a young couple who had accepted his first physician position in September and were looking to buy their first home. He had just finished his residency in July were he was earning typical resident salary. His newly accepted position as an ER doctor was to pay nearly the same per month as he made in 45 days as a resident. His first pay check covered his down payments and the basic loan requirements allowing them to purchase the home they had worked so hard for. This doctor program is available in 34 states with some states allowing for 100% financing!
A good option for this type of financing can be located here.
Many loan programs have been eliminated over the past year but if you are in a “qualified profession” (residents, physicians, orthodontists and dentists) there are some very attractive loan options even if you are new on the job. I know of a young couple who had accepted his first physician position in September and were looking to buy their first home. He had just finished his residency in July were he was earning typical resident salary. His newly accepted position as an ER doctor was to pay nearly the same per month as he made in 45 days as a resident. His first pay check covered his down payments and the basic loan requirements allowing them to purchase the home they had worked so hard for. This doctor program is available in 34 states with some states allowing for 100% financing! A good option for this type of financing can be located here.
There are 76m households in the US that own their own home. 24m of these homes are free and clear There are 52m homes with mortgages 97.2% of these are not in foreclosure 93.8% of these homes are current on their payments
There are 76m households in the US that own their own home.
There are 52m homes with mortgages