For Buyers
The Difference an Hour Will Make This Fall [INFOGRAPHIC]
![The Difference an Hour Will Make This Fall [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/10/29113033/20191101-MEM.jpg)
Every Hour in the U.S. Housing Market:
- 614 Homes Are Sold
- 95 Homes Regain Positive Equity
- Median Home Values Go Up $1.38
For Buyers
For Buyers
Buying Myths
Buying a home can be SCARY…Until you know the…
![Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/10/22120517/20191025-MEM.jpg)
Some Highlights:
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:
- 71% of buyers who purchased homes have put down less than 20%.
- 78.1% of loan applications were approved last month.
- In September, the average credit score for approved loans was 737.
For Buyers
Homes Are Selling Quickly [INFOGRAPHIC]
![Homes Are Selling Quickly [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/10/16170513/20191018-MEM-1.jpg)
Some Highlights:
- The National Association of REALTORS® surveyed their members for the release of their Confidence Index.
- The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions.
- Homes across the country are selling quickly, in an average of just 31 days.
- 49% of homes sold in less than a month.
Down Payments
What You Need to Know About the Mortgage Process…
![What You Need to Know About the Mortgage Process [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/10/02133330/20191011-MEM.jpg)
Some Highlights:
- Many buyers are purchasing homes with down payments as little as 3%.
- You may already qualify for a loan, even if you don’t have perfect credit.
- Your local professionals are here to help you determine how much you can afford, so take advantage of the opportunity to learn more.
First Time Home Buyers
5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]
![5 Homebuying Acronyms You Need to Know [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/10/02130624/20191004-MEM.jpg)
Some Highlights:
- Learning the lingo of homebuying is an important part of feeling successful when buying a home.
- From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them.
- Your local professionals are here to help you feel confident and informed from start to finish…and this infographic will help you as you go.