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How much home can I afford?

A house is one of the biggest purchases you can make, so figuring out how much you can afford is a key step in the home-buying process. You’ll need to start by weighing how much money you have coming in — your monthly earnings from your job, investments and any other streams of income — versus how much you have going out to cover costs like student loans, credit card balances and car payments.

How to buy a house in 2023

2023 may go down in real estate history as the year of correction. After two years of a pandemic-fueled, seller-benefitting boom — with bidding wars, inventory shortages and spiraling prices all over the country — the housing market began to cool down in 2022. The impact of inflation in general and fast-rising interest rates in particular dampened buyers’ interest, causing sales to slow and price appreciation to decelerate.

First-time homebuyer guide

What is a first-time homebuyer? A first-time homebuyer might refer to someone who has never purchased a home before, but in some contexts, the definition is actually much broader. Homebuyers who don’t have a substantial down payment could be eligible for down payment assistance through first-time homebuyer grants and loan programs, even if it isn’t their actual first time buying a home. To qualify for many of these programs, buyers must simply not have owned a home for at least the previous three years.

Artificial Intelligence Is the Next Step for Smart Homes

smart home technologies to improve their quality of life. Connected devices and appliances perform actions, tasks, and automated routines based on a homeowner’s preferences. Smart technologies enable homeowners to save time, money, and energy.