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Uncategorized People Want Less Expensive Homes – And Builders Are Responding People Want Less Expensive Homes – And Builders Are Responding In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with […]
Uncategorized How To Know If You’re Ready to Buy a Home How To Know If You’re 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 […]
Uncategorized Tips for Making Your Best Offer on a Home Tips for Making Your Best Offer on a Home While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the […]
Uncategorized Explaining Today’s Mortgage Rates Explaining Today’s Mortgage Rates If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and […]
Uncategorized Renting or Selling Your House: What’s the Best Move? Renting or Selling Your House: What’s the Best Move? If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in […]
Uncategorized What Homebuyers Need To Know About Credit Scores What Homebuyers Need To Know About Credit Scores If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s […]
Uncategorized Lending Standards Are Not Like They Were Leading Up to the Crash Lending Standards Are Not Like They Were Leading Up to the Crash You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data […]
Uncategorized What Homebuyers Need To Know About Credit Scores What Homebuyers Need To Know About Credit Scores If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. […]
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Uncategorized How Owning a Home Grows Your Wealth with Time How Owning a Home Grows Your Wealth with Time Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years. That means your net […]
Uncategorized This Real Estate Market Is the Strongest of Our Lifetime This Real Estate Market Is the Strongest of Our Lifetime When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our […]
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