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Posts Tagged ‘homeownership’

5 TIPS FOR MAKING YOUR BEST OFFER ON A HOME

As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition. 1. Kn...

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SELLERS ARE STILL FIRMLY IN THE DRIVER’S SEAT

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to m...

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UNDERSTANDING THE RISE IN MORTGAGE RATES

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three mo...

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SURPRISING SHIFT IN HOME BUYERS’ PREFERENCE

In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they'd prefer new constr...

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TAKE ADVANTAGE OF TODAY’S CURRENT LOW RATES

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher tha...

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APPRAISAL GAPS IN TODAY’S MARKET

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Rea...

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YOUR HOMEBUYING BUDGET AND MORTGAGE RATES

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. ...

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ARE YOU STILL LOOKING FOR A HOME TO PURCHASE?

Are you looking for a home to purchase right now and having trouble finding one? Don't worry, you are not alone.  At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. A...

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ARE YOU WONDERING IF WE ARE IN A HOUSING BUBBLE?

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a dec...

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