Sentences with phrase «typical home buyer»

U.S. home buyers at the end of the second quarter could expect to pay 15.3 % of their incomes to a mortgage on the typical home

When looking for a new home, the priorities of Canada's wealthy are often in line with the typical home buyer — but having more money also means their home shopping list is far longer, and the items to be checked off are considerably more luxurious.

The USDA loan stands alone in its ability to completely finance the typical home buyer's purchase without the extra — and sometimes complicated — process of saving for a downpayment or getting financial help with one.

If you are a typical home buyer, you probably made a down payment of 20 percent, so you have 20 percent equity right away.

The typical home buyer searches for an average of 12 weeks and views approximately 12 homes.

The USDA loan stands alone in its ability to completely finance the typical home buyer's purchase without the extra — and sometimes complicated — process of saving for a downpayment or getting financial help with one.

The average mortgage amount in March 2015 was $ 294,900, according to the Mortgage Bankers Association, meaning a typical home buyer could be expected to pay from $ 1,475 to $ 2,945 in first - year PMI costs.

In 1974, a typical home buyer worked for five years before having enough for a 20 % down payment on an average priced single detached home in Canada.

Sure, the average Realtor clearly knows more about houses than a typical home buyer.

But for a typical home buyer / borrower, employment is a key qualification item during the mortgage application process.

Between April and June, it cost the typical home buyer around $ 240,700 to purchase a median value home, nearly 5 % more than the same three - month period in 2015.

The typical home buyer searched for 10 weeks and viewed 10 homes — this is two weeks shorter than the previous year's report.

The typical home buyer is in their mid-to-late 30s or early 40s, married (67 percent), college - educated (75 percent), and on the hunt for a single - family home (83 percent).

Studies have shown that the typical home buyer decides if they are attracted to a room in the first eight seconds.

This report will usually cover a wide variety of small details that would escape the attention of a typical home buyer.

As mentioned above, the typical home buyer will pay full list price when they buy a home that had been on the market for a week or less.