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How Much Home Equity Have You Gained?
There are several reasons you may be thinking about selling your house. As you weigh your options, you may find you’re unsure how you will deal with one thing about today’s housing market – affordability. If that’s your biggest concern, understanding how much equity you have in your house could help make your decision that much easier. Here are two key factors that have…
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How the Federal Reserve’s Next Move Could Impact the Housing Market
Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their meeting, driven primarily by recent signs that inflation is cooling and the job market is slowing down. Mark Zandi, Chief Economist at Moody’s Analytics, said: “They’re ready to cut, just as long as we don’t…
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Market Trends Report | SEP. ’24
Key Tips for September Home Sellers September often presents unique challenges for home sellers. As summer vacations wrap up and families shift their focus back to school, the real estate market tends to cool down. However, with the right strategies, you can still attract buyers and stand out in a competitive market. Here’s what you…
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2025 Housing Market Forecasts: What To Expect
Looking ahead to 2025, it’s essential to know what experts are projecting for the housing market. Whether you’re considering buying or selling a home next year, having a clear picture of what they are for can help you make the best possible decision regarding your homeownership plans. Here’s an early look at the most recent projections…
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What Mortgage Rate Are You Waiting For?
You won’t find anyone who will argue that mortgage rates have significantly impacted affordability over the past couple of years. But there is hope on the horizon. Rates have started to come down. And, recently, they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see graph below): And if you’re thinking about buying a home, that may leave you wondering: how…