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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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Is Buying a Home Now a Smart Move?
Are you thinking about buying a home? If so, you’re probably wondering: Should I buy now or wait? Nobody can make the decision for you, but here’s some information to help you decide. What’s Next for Home Prices? Fannie Mae and Pulsenomics publish the Home Price Expectations Survey (HPES) results each quarter. It asks more than 100 experts—economists, real estate professionals,…
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4 Tips for Your Strongest Home Offer
Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low, leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more. Remember these four tips to make…
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Finding Your Perfect Home in a Fixer-Upper
If you’re trying to buy a home and have difficulty finding one you can afford, it may be time to consider a fixer-upper. That house needs a little elbow grease or some updates but has good bones. Fixer-uppers can be a great option if you want to break into the housing market or stretch your budget further. According to NerdWallet: “Buying a…
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The Truth About Down Payments
If you plan to buy your first home, saving up for all the costs involved can feel daunting, especially regarding the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case. Unless specified by your loan type or lender, it’s typically not…
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Strategic Tips for Buying Your First Home
Buying your first home is a big, exciting step and a significant milestone that can improve your life. As a first-time homebit, it’s a dream you can make come true. Still, there are some things you’ll need to overtake today’s housing market – specifically, the limited supply of homes for sale and ongoing affordability challenges. You’re ready, willing, and able to buy your first…
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The Love of Homeownership
Chances are, at some point in your life, you’ve heard the phrase, home is where the heart is. There’s a reason that’s said so often. Becoming a homeowner is emotional. So, if you’re trying to decide if you want to keep renting or are ready to buy a home this year, it’s so easy to fall in love with homeownership. Customizing…
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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…