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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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SEP– OCT 2024 NEWSLETTER
The Shrinking Trend: How Smaller Homes Are Maximizing Space and Functionality The future of home design is all about doing more with less, and new homes are getting smaller without losing their charm—or their function! In response to affordability challenges, builders are scaling back on square footage while finding creative ways to keep homes practical…
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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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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…
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Housing Market Forecast: 2nd Half of 2024
As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry:…
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Different Types of Deeds
Understanding the different types of deeds can make your real estate transactions smoother and more secure. Here’s a detailed guide to help you: Warranty Deed A warranty deed offers the highest level of protection to the buyer. It guarantees that the property is free from claims, liens, or other encumbrances. The seller assures that they…
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The Emotional Benefits of Homeownership
With all the headlines and talk about housing affordability, getting lost in the financial side of buying a home can be tempting. That’s only natural as you think about the dollars and cents of it all. And while you ultimately need to be able to afford a home you buy, don’t lose sight of why homeownership was so important to…
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How Many Homes Are Investors Buying?
Are big investors buying up all the homes today? If you’re looking to find a house to buy, this may be something you’re about. Maybe you’ve heard about it or seen reels on social media saying investors buying all the homes makes it even harder to find what the average buyer is looking for. But spoiler alert –…