Mortgage Payment Archives

Guidance is Most Important When You Are A First-Time Homebuyer

By Prestige Waterfront Realty Posted in Economy, Market Trends On Jul 29, 2020

First time homebuyers made up 35% of the homebuyers in the month of June. This trend is building and steadily increasing through the year. The National Association of Realtors says: “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending […]

Is a Recession Here? Yes. Housing Crash? No.

By Prestige Waterfront Realty Posted in Economy On Jun 10, 2020

The National Bureau of Economic Research (NBER) announced on Monday that the United States economy is in a recession. A recession is defined as: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of […]

Family Wealth – The Benefit of Homeownership

By Prestige Waterfront Realty Posted in Economy On May 18, 2020

Owning a home is financially the smartest decision you can make in your life. Some see it as a “savings plan”. When you pay a rent payment you are ultimately losing your money. You pay for a one month usage of the property and are realistically paying the homeowner’s mortgage. There is no benefit for […]

Tag: Mortgage Payment