5 Things to Know About Buying a Home in 2016

5 Things to Know About Buying a Home in 2016


The new year looks like it's shaping up to provide first-time buyers with the opportunity to enter into the housing market. Interest rates are still hovering around record lows, so there's some time left to snag a great deal. If you're planning on taking the plunge into homeownership in 2016, here are some key points to keep in the back of your mind before you begin the process.


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Why Millennials Could jump into Home Ownership

Why Millennials Could Jump Into Home Ownership






When it comes to homeownership, roommates Gina Beach, 28, and Bill Galatzer, 31, are polar opposites. The two friends currently rent a two-bedroom, two-bath duplex in Chicago’s up-and-coming West Town neighborhood. Galatzer is actively looking to buy his own condo in the area, but Beach says she never plans to become a homeowner.




“Let's say I move into a place tomorrow and get a roommate the same day. I pay $300 less per month and the money I pay goes to equity,” Galatzer said.  http://flip.it/AvDR4

Homeownership among young people at record low

Homeownership among young people at record low


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