It’s not news that buying a house is a big financial investment. But many first-time buyers wonder if buying a home is worth it. They wonder how long it will take before breaking even compared to renting. The St. Louis region actually has one of the shortest break-even times in the country. 

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How Buying a Home Affects Your Credit

Thursday, February 6th, 2020

Taking on a mortgage, especially as a first-time homebuyer, can be intimidating. Finding out that it can lower your credit score can be downright stressful. It’s a bit of a “Catch 22”: You need good credit to buy a house, but buying a house lowers your credit. 

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After the real estate bubble burst in 2008, it seemed like foreclosed houses could be found in almost every neighborhood across the country. The number of foreclosed homes reached an all-time high in 2010 but has steadily decreased each year since. Nevertheless, as long as there have been mortgages, there have been people unable to pay them. Buyers can get a bargain buying a foreclosed home. But if they’re not cautious, they can get more than they bargained for.

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When you’re planning to sell a home or buy a home—it’s a big deal. Sure, you can do it on your own, but it’s a complicated process and will take up a lot of your time. There are some things that are better left to the experts, and real estate is one of them. 

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How Buying is Better than Renting

Thursday, September 26th, 2019

Whether you’re looking to move out of your parents’ house or just ready to relocate in general, there are a few options for you to consider. We’re talking about buying or renting. While there are benefits to each, we believe that buying has an amount of benefits. Have you spoken to a BHHS Select real estate agent before? Maybe it’s time to consider this option. Keep reading to find out how buying is better than renting.

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9 Ways to Save for a Down Payment

Thursday, January 11th, 2018
Brett Murray

By Kay Bell

You’ve found the perfect house. Interest rates are still low. There’s just one thing standing between you and your dream home: a down payment.

Don’t abandon your homeownership dreams just yet. Here are nine ways to come up with the cash for your new home.

Pay Off Your Credit Cards

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5 Essential Home-Buying Considerations

Thursday, January 4th, 2018
Brett Murray

By Cheryl Knight

Buying a house is a life-changing process that requires lots of upfront financial planning.

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