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Homebuyer Wants and Needs Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. [...]
With inflation driving up the cost of items in our everyday lives, seeking out an energy efficient home can be a great way to decrease expenses you can control. Here's what you should know: Having an Efficient Home: Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can [...]
Buidling A Home In 2022 If you’re ready to move up, you may be trying to decide whether you want to be buying a home that’s already on the market or building a home that's just how you want it. And since the supply of homes available for sale today is low, you’re willing to [...]
Searching for Your Dream Home For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of declines). Here’s a [...]
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not [...]
Real Estate Golden Opportunity If you’re thinking of selling your house this year, timing is crucial, and right now is a golden opportunity. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, [...]
Key Terms: Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information [...]
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast [...]
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, [...]
Rising Home Prices Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing [...]
