The Bank of Mom and Dad is Stretched Thin

YOUR MOM CALLED: THE BANK OF MOM AND DAD IS STRETCHED THIN

Home and rent prices are increasing faster than incomes, especially for younger households. Add in the strain of student loan debt and it’s hard for many to see a path to homeownership. Who you gonna call? Turns out, for 17.1 percent of millennials it’s the bank of mom and dad. And, one in three anticipate family support will cover at least 30 percent of their down payment. But, that may not be your best option.


TOP 10 DOWN PAYMENT PROGRAM MYTHS DEBUNKED: DOWNLOAD THE GUIDE

We know buyers have questions—Is 20 percent down required? Is a bigger down payment better? How do down payment programs work with your mortgage? Are down payment programs only for low cost homes?

In our new guide, we break down the top 10 most common myths about down payment programs.

Download the guide today.

Last Modified: Wednesday, September 14, 2022 

April-2018

Have You Registered for an Upcoming Realcomp Webinar? Don’t Forget – Add it to Your Calendar!

Have You Registered for an Upcoming Realcomp Webinar? Don’t Forget – Add it to Your Calendar!

Jobs: They’re Not What They Used to Be by Elliot Eisenberg, President of GraphsandLaughs, LLC

April 2018 Article by Elliot Eisenberg, President of GraphsandLaughs, LLC,

Leverage Your Real Estate Photography Options in 2018

Gain tips, tricks, and other sound advice from the experts at Next Door Photos (NDP) during this session and apply them to your next photo assignment!

Love Us?

LOVE Realcomp? Have a great story to share about an experience using Realcomp’s MLS or other services? We would love to hear from you...

New Addition to InfoSparks: ShowingTime MarketView Now Available

Realcomp is pleased to announce it has enhanced its InfoSparks program (created by ShowingTime) to include a new add-on module called MarketView. MarketView is an agent, office, and firm ranking and research module that is easily accessible to MLS Subscribers within InfoSparks.

Realcomp REALTORS®: Your Access to Data Continues to Grow!

Data Sharing Update: Realcomp Subscribers now have access to 60,000+ properties in the Sunshine State (Florida) through our partnership with MyFlorida MLS! To get started, go to the “Data Co-op” icon under the Data Sharing section of the Realcomp Dashboard.

Thanks to You, Realcomp Reaches a New Milestone!

During the month of March, Realcomp reached an important milestone in the number of MLS subscriptions; we hit the 15,000 subscribers mark! We couldn’t have done it without you and your participation in this MLS. For that, we sincerely say “THANK YOU” for your business!

The Bank of Mom and Dad Stretched Thin

Home and rent prices are increasing faster than incomes, especially for younger households. Add in the strain of student loan debt and it’s hard for many to see a path to homeownership. Who you gonna call? Turns out, for 17.1 percent of millennials it’s the bank of mom and dad. And, one in three anticipate family support will cover at least 30 percent of their down payment. But, that may not be your best option.

The Down Payment Report - March 2018

In this edition of The Down Payment Report, we cover: First-time homebuyer share falls, Low down payments help Hispanic buyers, Counselors target housing finance agencies, DPR Interview with the program administrator for Maryland’s SmartBuy Program that helps buyers eliminate student debt

Two (2) New MLS Policies Approved; Photos and Re-List DOM Affected

At their March 22nd meeting, your Realcomp Board of Governors approved two (2) motions that we want to make all MLS Subscribers aware of. They were as follows: