According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 16% of all first-time buyers last year.If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2017, while single men accounted for 7% of buyers. A recent report pointed to a sense of responsibility and commitment that drives many single women to want to own their own homes rather than rent someone else’s.Here is the breakdown of all first-time homebuyers in 2017 by percentage of all buyers, income, and age:Bottom LineYou may not be that much different than those who have already purcha…
1. The Year of the Data Breach: Keep an Eye on Your Accounts
Most experts say the Equifax data breach will impact approximately 143 million people. Unfortunately, data breaches aren’t likely to decrease next year, so it’s important to stay alert. The biggest takeaway from this is to vigilantly watch your credit and credit card accounts.
Check your statements closely and check your credit report regularly to flag any potential signs of identity theft and fraud early on. There are also some important steps to take to protect your personal information and minimize the impact of a data breach.
2. Krack: Make Sure Your Devices and Wi-Fi Networks Are Secure at Home
KRACK and other hacks made it clear that many of our connected devices can be at risk. Even your kids’ ‘smart’ toys can be targets for hackers.
Whether your home has all the latest smart devices or you just use your home internet to catch up on news and chill on Netflix, there are software updates and other best practices to sta…