The Dunnican AdVantage

Do 46 Million Millennials Know They Are Mortgage Ready?

The good news is that more and more millennials are realizing that they can afford a home now!
Posted by Cindy Dunnican on March 21, 2019 in  Home Ownership  Millennials  Mortgage  Mortgage Knowledge
Do 46 Million Millennials Know They Are Mortgage Ready? Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying a home. However, that does not mean that they do not still aspire to achieve those things. History shows that people tend to buy their first home around age 30. Ne... read more
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Want To Increase Your Family’s Wealth? Here’s How!

Home equity is a large portion of a family’s overall net worth.
Posted by Cindy Dunnican on March 18, 2019 in  Building Wealth  Buying A Home  Net Worth  Rent vs. Buy
Want To Increase Your Family’s Wealth? Here’s How! Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth. Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. T... read more
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Homeownership is a Cornerstone of the American Dream

In the United States, the concept of homeownership as part of the American Dream is very much alive and well.
Posted by Cindy Dunnican on March 15, 2019 in  American Dream  Building Wealth  Buying A Home  Home Ownership  Rent vs. Buy
Homeownership is a Cornerstone of the American Dream “The rumors of my death are greatly exaggerated.” The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years. That led to speculation that homeownership was no longer seen as a major component of the American Dream. That beli... read more
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7 Things To Avoid After Applying for a Mortgage!

Before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer.
Posted by Cindy Dunnican on March 15, 2019 in  Buying A Home  Credit Score  Finance  Home Buyers  Mortgage  Mortgage Knowledge  Owning A Home
7 Things To Avoid After Applying for a Mortgage! Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer. They will be able to tell you how your decision will impact your home loan. Below is a list of 7 Things You Shouldn’t Do After Applying for a Mortgage! Some may seem obv... read more
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Rockwall Real Estate Market Update - January 2019

Rockwall Real Estate Market Continues to Improve Amid Increasing Inventories
Posted by Cindy Dunnican on March 15, 2019 in  2019 Housing Market  Rockwall Texas
Rockwall Real Estate Market Update - January 2019Rockwall Real Estate Market Continues to Improve Amid Increasing Inventories The Rockwall Median Price increased 8.5% over last year.  We are still in a "seller's market" with only a 2.7 month supply of homes on the market.  The number of Active listings is up 6.8% over January 2018, and the number of closed sales increased 16.3% for the month of January.  While we expect to see an active Spring market with prices continuing to increase, they will... read more
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