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The Best Time To Buy a Home This Year
A shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a home this year is just around the corner. Your sweet spot is…
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Could a 55+ Community Be Right for You?
If you’re considering downsizing, you may hear about 55+ communities and wonder if they’d be a good fit for you. Here’s some information that could help you make your decision. What Is a 55+ Community? It’s important to note that these communities aren’t just for people who need extra support – they can be pretty vibrant,…
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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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Today’s Biggest Housing Market Myths
Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re considering buying or selling a home in today’s housing market. There’s a lot of misinformation out there. And right now, ensuring you have someone you can go to for trustworthy information is extra essential. If you partner with a real estate agent, they can clear up some…
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How Mortgage Rate Changes Impact Your Homebuying Power
If you’re considering buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to factor that into your planning. Here’s what you need to know. What’s Happening with Mortgage Rates? Mortgage rates have been trending…
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What Credit Score Do You Need To Buy a House?
When considering buying a home, your credit score is one of the most significant pieces of the puzzle. Consider it like your financial report card that lenders look at when determining if you qualify and which home loan will work best for you. As the Mortgage Report says: “Good credit scores communicate to lenders that you have a…
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Where Will You Go After You Sell?
If you plan to sell your house and move, you probably know there’s been a shortage of options. But here’s the good news: the supply of homes for sale has grown in many markets this year – and that’s not just existing or previously owned homes. It’s true for newly built homes, too. So, how do you decide which…
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How the Economy Impacts Mortgage Rates
As someone buying or selling a home, you’re likely paying close attention to mortgage rates and wondering what they’re like. One factor that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve (the Fed) doesn’t control mortgage rates, it does control the Federal Funds…
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Homebuyer Opportunities in 2024
There’s no arguing this past year has been difficult for homebuyers. And if you’ve started searching for a home, maybe you put your search on hold because the challenges in today’s market felt too much to tackle. You’re not alone in that. A Bright MLS study found some of the top reasons buyers paused their search in late 2023 and early…
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Am I Ready to Buy a Home?
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And you’re juggling how all of those things will impact the choice you’ll make. While housing market conditions are a factor in your decision, your situation and finances…