Top 10 Most—and Least—Expensive College Towns, 2017 Edition

What’s so great about living in a college town, long after the days of nootropics, Kegerators, and miserable dorm food have begun receding in your rearview mirror?

Simple, really: College towns aren’t just for college kids. They’re hot tickets for those looking to buy a house, too.

“In the same way that department stores serve as anchors in shopping malls, colleges and universities operate as anchors within a city,” says Michael Harris, director of the Center for Teaching Excellence at Southern Methodist University in Dallas. TX. “Cities with colleges receive tremendous benefits, from a better-educated workforce to improved arts, culture, and leisure.”


But not every community with an institution of higher learning offers equal value when it comes to buying a home. That’s why the studious data team at® stepped in to rank college towns on our homeowner-centric grading curve. We looked at median home prices to find the 10 blessed with the least expensive homes—and for buyers for whom money is no object, we also tallied up the 10 priciest college towns.

In selecting “college towns,” we chose places where 20% of the population is enrolled in an institute of higher education—at the undergraduate level and beyond. The total number of students in the town needed to be greater than 2,000. We limited the final results to two cities per state, to provide some geographic diversity.

Read more.

2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers | Keeping Current Matters In’s recent article, “Home Buyers’ Top Mortgage Fears: Which One Scares You?” they mention that “46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try.”

Myth #1: “I Need a 20% Down Payment”

Buyers overestimate the down payment funds needed to qualify for a home loan. According to the First Quarter 2017 Homeownership Program Index (HPI) from Down Payment Resource, saving for a down payment was the barrier that kept 70% of renters from buying. Rob Chrane, CEO of Down Payment Resource had this to say,

There are many mortgage-ready renters today, but they don’t know it. Often, homebuyers remain sidelined for years due to the down payment.

Many believe that they need at least 20% down to buy their dream home, but programs are available that allow buyers put down as little as 3%. Many renters may actually be able to enter the housing market sooner than they ever imagined with new programs that have emerged allowing less cash out of pocket.

Myth #2: “I Need a 780 FICO® Score or Higher to Buy”

The survey revealed that 59% of Americans either don’t know (54%) or are misinformed (5%) about what FICO® score is necessary to qualify. Many Americans believe a ‘good’ credit score is 780 or higher. To help debunk this myth, let’s take a look at Ellie Mae’s latest Origination Insight Report, which focuses on recently closed (approved) loans. 2 Myths Holding Back Home Buyers | Keeping Current Matters As you can see in the chart above, 53.2% of approved mortgages had a credit score of 600-749.

Bottom Line

Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Your dream home may already be within your reach.

#AmericanDream #Homeownership #FinancialSecurity

84% of Americans Believe Buying a Home is a Good Financial Decision

84% of Americans Believe Buying a Home is a Good Financial Decision | Keeping Current Matters

According to the National Association of Realtors®’ 2017 National Housing Pulse Survey84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision:

  1. Homeownership means the money you spend on housing goes towards building equity, rather than to a landlord
  2. Homeownership creates the opportunity to pay off a mortgage and own your home by the time you retire
  3. Homeownership is an investment opportunity that builds long-term wealth and increases net worth
  4. Homeownership means a stable and predictable monthly mortgage payment
  5. Homeownership allows for various deductions on federal, state, and local income taxes

The survey also revealed that the majority of Americans strongly agree that homeownership helps create safe, secure, and stable environments.

Bottom Line

Homeownership has always been and still is a crucial part of the American Dream.

Call REGINA SINGH at 714-883-5205

Just Listed – custom #Tinyhouse in #MaburyRanch

A unique opportunity to own one of 10 homes with hundreds of acres of natural reserves behind you. The oversized lot is a private oasis in Mabury Ranch backing to Santiago Creek with walking distance to wilderness trails. Enjoy summer evenings relaxing in the professionally designed backyard with its inviting pool, spa and waterfall. The tranquil backyard offers lots of additional room ideal for your summer entertaining. The extra side yard offers a charming playhouse for the kids perfect for all the summer play dates.

‘Amazingly Open’ Tiny House in Wyoming Changes the Form of Wee Abodes


By now, we all know that the tiny-house movement is anything but tiny—in fact it’s downright huge. It’s become a widespread obsession among many designers, along with the public looking to shed the unnecessary trappings of our modern life.

After all, the thinking goes, we’ve all become used to the idea of homes that are really, really small—now let’s see what we can do with the form and function of those tiny spaces.

The latest example: this tiny house located in Sheridan, WY (for now). The wood-sided home on wheels is on the market for $61,000, and it’s a mere 229 square feet. But inside it feels pretty darn roomy. Welcome to the open-concept tiny home. Read more.

Can #TinyHomes Solve America’s #Homeless Problem?


Four cities in the Pacific Northwest are proving the case for living super-small — and their experiments can teach the rest of us a thing or two about building real community.

In 2001, a group of homeless people In Portland, Oregon, set up a campsite under a downtown bridge. The city didn’t have enough shelter space to accommodate its homeless population, and as the camp attracted more and more people, authorities began regular sweeps, clearing away tents and sleeping bags — which inevitably cropped right back up. Then something less predictable happened. A group of community leaders and activists teamed up with those living at the camp and hatched a plan: make the tent village permanent by developing a community of tiny homes for homeless people. Read more.

9 Things to Purge Before You Move


A new home means a fresh start: new paint, a new bedroom, even a fresh take on arranging your old furniture.

But your new space won’t feel so wonderful if it’s weighed down with junk you didn’t bother ditching during the move. Now’s the time to purge your home—and we’re not talking about just sifting through stacks of magazines while you binge on Netflix.

“Your possessions should have three purposes: function, aesthetic purpose, or sentimental value,” says Christina Giaquinto, a professional organizer in Franklin Lakes, NJ. “Pick up each item in your home, and ask yourself, ‘Why do I have this item? What does this item do for me?'”

Read more.

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