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How Much Home Can I Get in Different US States?

July 01, 2017 Housing markets across the U.S. vary wildly. Here’s what $300,000 can get you in different states.

Not all real estate markets are created equal. Housing prices vary considerably across the U.S., and what can get you a palatial home in one state might get you a small townhouse in another. Why do real estate markets differ? Local real estate markets are driven by three main factors that vary across the country. […]

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June Housing Market Analysis

June 30, 2017 The housing market continues to grow, and home prices have now surged higher than their 2008 peak.

Part of our mission at First Option Mortgage is to keep you informed about the latest trends in the housing market. Whether you’re a first-time homebuyer or trying to sell your home, we want you to make informed decisions when you venture into the market. Sales are fast Homes are selling quickly. Redfin reports that […]

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How to Save Money For Your Down Payment

June 28, 2017 Down payments are often a household’s biggest one-time expenditures. Here’s how to save for one.

Purchasing a home means coming up with a down payment, and coming up with that money can be difficult for homebuyers. A down payment is one of the single largest expenditures that most households ever make. It’s often in the tens of thousands of dollars, and sometimes the equivalent to an annual salary. Here are […]

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A Local’s Guide to Salt Lake City

June 23, 2017 Salt Lake City has become one of the most livable cities in the United States. Here’s what locals love about it.

Over the past few years, Salt Lake City has quietly gained a reputation as one of America’s most livable cities. The neighborhoods, culture, and access to nearby natural beauty have made the city an in-demand destination for tourists eager for a long weekend, or homebuyers hoping to join the growing city. If you’re looking to […]

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How to Calculate Which Type of Home You Can Afford

June 21, 2017

Calculating the type of home you can afford is one of the biggest questions many homebuyers have. Getting to that answer involves several factors. Your income and liabilities, what you can put forward as a down payment, and the particulars of your loan will all determine the kind of home and type of loan you […]

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Summer DIY: How to Make an Outdoor Kitchen

June 16, 2017 Summer’s here and so are backyard dinner parties. Here’s how to make your own outdoor kitchen.

Summer evenings mean late sunsets, lingering dinner parties, and sitting with friends and family around a grill or fire pit. It’s the time of year when gatherings can move outside, and you can take full advantage of your home’s yard. Adding an outdoor kitchen is an excellent way to make the most of your outdoor […]

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What First-Time Homebuyers Look for in a Property

June 14, 2017 First-time homebuyers are reentering the housing market. This is what they look for in a property.

If you’re looking to sell your home, there’s a good chance your buyers will be looking to purchase a house for the first time. More first-time buyers are coming into the market. Between 2013 and 2015, first-time buyers decreased as a total share of the entire housing market. 2016 saw a reversal of that trend. […]

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