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What’s Happening with Mortgage Rates?
Are you feeling a bit unsure about what’s happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true. The most straightforward answer is that what you read or hear…
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INFOGRAPHICS: Homebuying Winning Plays in Today’s Market
In today’s competitive housing market, achieving success requires combining the right team and a solid plan. Here are some key strategies to help you come out on top when buying a home: Build My Dream Team: Surround yourself with a team of professionals who understand the intricacies of the market. This includes real estate agents,…
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Importance of Pre-Approval in 2024
On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s essential if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will look at your finances to figure out what they’re willing to…
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Houses Are Still Selling Fast
Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as fierce as during the ‘unicorn’ years when houses sold quicker than ever, they’re still selling faster than usual. The graph below uses data from Realtor.com to tell the story of median days on the market for every January from 2017 through…
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Market Trends Report | FEB. ’24
Unveiling January’s Real Estate Market Trends As we enter the new year, the real estate market is buzzing with activity and significant shifts. Let’s delve into the latest insights and trends shaping the landscape for homebuyers and sellers in January 2024. Insights from the Field: Increased Purchasing Power: Homebuyers with a monthly budget of around…
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Why Your Own Agent Matters for New Home Construction
Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a more significant percent of the total homes available for sale than usual. That’s why if you’re craving more options, seeing if a newly built…
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INFOGRAPHICS: Demystifying Foreclosure Trends
In a world flooded with headlines, it’s easy to feel uneasy, especially when they proclaim a rise in foreclosures. However, a closer look at the numbers reveals a different story that doesn’t warrant unnecessary worry. Let’s break it down into key points: Despite alarming headlines, the real estate market is not on the precipice of…
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Don’t Wait Until Spring To Sell Your House
As you think about the year ahead, one of your big goals may be moving. But how do you know when to make your move? While spring is usually the peak homebuying season, you don’t need to wait until spring to sell. Here’s why. 1. Take Advantage of Lower Mortgage Rates Last October, the 30-year fixed mortgage…
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2 of the Factors That Impact Mortgage Rates
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last few years, they hit record lows, rose dramatically, and dropped slightly. Ever wonder why? The answer is complicated because a lot can influence mortgage rates. Here are just a few of the most impactful factors at play. Inflation…