First-Time Buyer Short answer: yes, for the right buyer a modern manufactured home can be a genuinely affordable path to ownership, often costing far less than a comparable site-built house. Financing has been the main hurdle, but new federal changes aim to make these homes cheaper and easier
First-Time Buyer Short answer: less than you probably think, and likely less than the typical household already earns. A new national analysis found the income needed to afford a typical starter home has slipped to about $70,700, while the median U.S. household earns roughly $17,000 more
First-Time Buyer Short answer: you have several ways to help, from a simple down-payment gift to co-borrowing or even buying the home, and each carries very different risk to you. The golden rule is to help without jeopardizing your own retirement. Here are the options, ranked roughly
Homebuyer Strategy Short answer: new nationwide rules now require a fuller review of a condo building’s finances and condition before your loan is approved, which can mean longer timelines and, in some buildings, a denied loan. The fix is simple: gather a few key documents early. Here is exactly
First Responders Short answer: yes, often much better than you would guess. A new national study found that households led by first responders, teachers, healthcare workers, and military members and veterans can afford the median-priced home in the large majority of major U.S. metros, while the typical household
VA & Veterans Short answer: yes. Because military families relocate often, many service members buy a home at each duty station, then turn the old one into a rental when orders send them somewhere new, using their VA benefit more than once. Done with a plan, it can build real
Homebuyer Strategy Short answer: yes. You do not need to be a U.S. citizen to get a mortgage and buy a home in the East Valley. Permanent residents and many visa holders can finance much like anyone else, and there are dedicated loan programs for buyers who file taxes
First-Time Buyer After years of too few entry-level homes and brutal competition for them, first-time buyers finally have the upper hand: more listings, more price cuts, and the bidding wars have faded. The catch is that many buyers are hesitating. Here is why the prepared ones who
Homebuyer Strategy Foreclosures are back to about the everyday levels we saw before the last decade’s crisis, and Phoenix is among the metros seeing the most of them right now. A foreclosed home can be a real deal, but the process and the risks are unlike a normal sale.
Homebuyer Strategy A prominent broker made waves saying there is no longer one housing market in America, that it has split into separate groups all living in different realities at the same time. He is right, and it is the most useful way to think about buying or selling right
Homebuyer Strategy There is an invisible line in mortgage financing that changes your loan the moment you cross it. Below it, you have a conforming loan with the most flexible options. Above it, you are in jumbo territory, with a different set of rules. Here is where that line sits
Homebuyer Strategy Second-home mortgages just rose for the first time in four years, and no major metro saw more of them than Phoenix. If a vacation place or a future retirement home in the East Valley has crossed your mind, the financing works differently than a primary home. Here
