Recent data from Fannie Mae shows a large majority of current renters intend to someday buy a house. In fact, just 18 percent of surveyed renters said they plan to remain renters forever.
So what are some of the obstacles renters face when thinking about whether or not they should begin taking steps toward homeownership? Well, the upfront costs of buying a home were the top answer, with 45 percent of respondents citing coming up with money for a down payment and closing costs as the obstacle that keeps them from buying. However, an almost equal amount said they were most concerned about their credit. Other answers included insufficient income, too much debt, confusion about the buying process, and job security. In short, current renters want to buy but are worried they aren't financially secure enough to become homeowners.
And, though that is a legitimate concern, Fannie Mae also points out that their previous research has shown many potential home buyers overestimate the size of the down payment they'll need and are unaware of many of the programs available to help first-time home buyers reach their goal of becoming homeowners.
Author:Tim Stoll Phone: 214-868-2959 Dated: October 12th 2017 Views: 383 About Tim: It’s hard to find another real estate agent in Dallas who is as hard working, honest, educated, ex...
Ryan Hardin is a real “go getter” in the truest sense of the word! He has never met a stranger and treats each new day with as much enthusiasm as he did the last. Ryan is
a proud native of the DFW Metroplex and is passionate about showing people all that the area has to offer. Whether you are looking for an up-and-coming urban oasis or a
peaceful respite just on the outskirts of town, Ryan has his finger on the pulse of the current local real estate market.
His unique and spirited brand of customer service stems from his roots working for his family’s business. Ryan’s parents owned and ran a successful flower shop for thirty-six
years in the beautiful downtown historic district of Grapevine, Texas. During the time that Ryan worked for the family business he got a first-hand lesson in the importance
of customer service, following through on promises, and building relationships that last a lifetime. This foundation helped prepare Ryan when he decided to pursue his love of
Ryan always has his clients’ best interests at heart and will represent them to the best of his ability. He will help guide them through the sometimes complicated process of buying or selling a home so that his clients feel knowledgeable and at ease. Buying, selling, leasing, apartment renting, and commercial investing, are all areas where Ryan excels. He is currently a member of the Texas Real Estate Commission, Metro-Tex Realtors, and the National Association of Realtors.
His love of family and his devotion to friends make him a reliable and reputable agent. When Ryan is not leasing or selling properties, he loves to play golf and attend sporting events. However, Ryan’s biggest love is cooking, especially hosting crawfish boils!
Give Ryan a call, and he can find the perfect property for you, a property that fits your lifestyle.