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“The cost of new construction and the buyer’s moving timeline are some of the factors to consider, but also the area [and] location that they are looking to move into, told Bankrate.com. “In some cases, there is better value in a new home for the purchaser versus…

I actually expect that MAR and SPAAR come up with a different system that they will offer to us that we can use instead of ShowingTime.

Minnesota Realtors LogoDecember Housing ReportDecember Housing ReportHome sales in Minnesota continued to outpace normal trends through the end of 2020. Closed sales in December rose +21.9% versus December 2019 with a total of 7,300 transactions across the state. Home sales…

This year has been a lesson in the importance of community.Whether it’s shopping for an elderly neighbor, supporting a small business, or creating a local food drive, communities come together to support their neighbors in times of need. This is why our team recently…

Participating lenders, are you wondering if DPAs are still viable, or can be made so? Are you looking for affordability solutions?We keep hearing “local DPAs are going away” and “there’s no money from cities and counties anymore.” Our…

Congressman Sean Maloney (D-NY) recently introduced legislation to

allow first-time buyers to withdraw up to $25,000 from retirement

savings accounts tax-free if used for a down payment. 

At Down Payment Resource we are committed to providing you with the most updated and accurate information on down payment assistance programs. Our most recent Down Payment Report includes important information regarding how the pandemic is affecting the industry and the…

COVID-19 DPA Program Updates and TrendsOctober 2, 2020 The Down Payment Resource research team is closely monitoring the impact on down payment assistance (DPA) programs and first-time homebuyers as a result of COVID-19. We are committed to keeping you informed about…

There are enough television shows and magazine spreads about home decorating that many of us probably assume we have the basics down pat — declutter to the nth degree and clean, clean, clean, then apply your “neutral with pops of color” philosophy, swap out…

Buying a new home can be an exciting time. It can also be frustrating and exhausting. To help prepare you for home hunting success, here are five important things to know about the market before you schedule your first viewing, or visit your first open house.

Building a new home is a perfect opportunity to customize your space according to your own needs and wants -- and it can also feel completely overwhelming. Many homes built from the ground up will require the new owner to make more than one thousand decisions about…