Home Buying

Nov. 9, 2021

Numbers Don’t Lie – It’s Still a Great Time To Sell

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Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says.

Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the …

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Posted in Home Buying
Nov. 4, 2021

Experts Project Mortgage Rates Will Continue To Rise in 2022

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Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in …

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Nov. 3, 2021

Sellers Have Incredible Leverage in Today’s Market

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With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying:

“Housing demand remains strong …

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Oct. 29, 2021

Does Your House Have What Buyers Want?

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 The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs.

 

As a seller, if you …

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Posted in Home Buying
Oct. 26, 2021

There Are More Homes Available Now than There Were This Spring

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 There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year.

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Posted in Home Buying
Oct. 21, 2021

What Does the Future Hold for Home Prices?

 

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If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or …

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Posted in Home Buying
Oct. 19, 2021

Sellers: Your House Could Be an Oasis for Buyers Seeking More Options

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 Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a …

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Posted in Home Buying
Oct. 15, 2021

The Big Question: Should You Renovate or Move?

The Big Question: Should You Renovate or Move?

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following:

 

·         70% of respondents want more outdoor living space

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Posted in Home Buying
Oct. 12, 2021

Two Reasons Why Waiting a Year To Buy Could Cost You

Two Reasons Why Waiting a Year To Buy Could Cost You

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home.

To determine if you should buy now …

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Posted in Home Buying
Oct. 8, 2021

What’s Causing Today’s Competitive Real Estate Market?

What’s Causing Today’s Competitive Real Estate Market?

Today’s strong sellers’ market is the direct result of high demand and low supply.

Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low …

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Posted in Home Buying