IN THIS ISSUE

A surprise sneak peek
Falling in love with mortgage insurance
Quiz: How well do you know home values?

Read Time: 5 Minutes

You're Getting A Homebuyer Sneak Peek

February 13, 2024

Hello Home Buyer.

I don't usually share information like what I'm about to share, but I thought you might find it interesting.

Here's the story...

Starting about 10 weeks ago, a flood of new subscribers started to show up for this newsletter. To understand what I mean: On December 1, 8,500 readers subscribed to this newsletter.

Today, that number is doubled.

There are now 17,131 of you here! That is a lot of new subscribers, and I'm thrilled you've opened your inbox to me.

So, first: thank you for subscribing; hello and welcome.

I know I haven't met you all individually, so please, take a minute and tell me about yourself. Hit reply and send me some notes: What are your home-buying goals, what's important to you, how can I help?

And, please! Don't be bashful. If you're willing to put your thoughts into an email to me, you deserve a reply. I will get your message and respond.

Second, I'm also feeling like I need to give you more value.If you're new to the newsletter, you hear from me once a week and I usually just discuss the news. That's not a great on-ramp if you ask me. I never even give you the basics.

So, let me share something with you now that I have yet to shared anywhere...

Starting this month, we're sending a six-email welcome series to every new subscriber with actually good emails on topics like mortgage rates, down payments, credit scoring, and being a good home buyer (because yes - it's a skill).

Here is an excerpt from "The Down Payment Email":

The typical first-time home buyer spends 7 years saving for a down payment.

A lot can happen in seven years to get in the way of buying your first home. The most obvious is that home prices go up. The average home value increase is about 4% per year.

Let's do the math here.

After seven years, a home that once cost $100,000 now costs $131,000. So the price of your dream house goes up and you'll need to make a larger down payment to buy it.

But here's something most people don't know:

You can buy a house today with just 3% down. So, instead of waiting seven years to save for a large down payment, you can skip to the start line and buy your new home now.

We also made videos that accompany each welcome series email that won't show up on our YouTube - they're premium Subscriber Only.

I've added the video that pairs with the down payment email below. It's about mortgage insurance and why it's so inexpensive for first-time buyers to use.

So... thank you again for subscribing. There are so many more of you here, and I'm happy to be part of your journey to homeownership.

Happy Homebuying!

Dan Green
NMLS #423065
See today's mortgage rates here

KNOW YOUR NUMBERS

18.25% of First-Time Home Buyers

The percentage of first-time home buyers who make a down payment of at least twenty percent, which is less than 1-in-5.

28.89% of first-time buyers make a down payment of 3% or less.

See Today's Mortgage Rates

MORTGAGE SMART IN 60 SECONDS

A New $15,000 Tax Credit Bill

The DASH Act, a sweeping housing bill that includes a $15,000 first-time home buyer tax credit, is now a bicameral bill with co-sponsors, introduced in both the House and Senate. Find out more.