Monthly Archives: March 2021

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Home Prices: What Happened in 2020? What Will Happen This Year?

For Sellers, Housing Market Updates, Move-Up Buyers, PricingBy The Kinsella Hendy Team March 2, 2021

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal…

What Are the Benefits of a 20% Down Payment?

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up BuyersBy The Kinsella Hendy Team March 1, 2021

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want…