Category: Housing Market
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Buying a Home May Help Shield You From Inflation
It feels like everything is getting more expensive these days. That’s because inflation has remained higher than normal for longer than expected – and that’s impacting the costs of goods, services, and more. And with rising costs all around you, you are probably questioning: is now really the right time to buy a home? Here’s…
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The Real Benefits of Buying a Home this Year
Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision. Renting can feel like the easier option, especially if buying a home feels out of reach. But, here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the…
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3 Reasons To Buy a Home Before Spring
Let’s face it – buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait until spring when more homes hit the market and rates might be lower?” But here’s the thing, no one knows for sure where mortgage rates will go from here. Waiting…
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Two Resources that can Help You Buy a Home Right NOW
A recent report from Realtor.com says 20% of Americans don’t think homeownership is achievable. Maybe you feel the same way. With inflation driving up day-to-day expenses, saving enough to buy your first home is more of a challenge. But here’s the thing. With the right resources and help, you can still make it happen! There…
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Smaller Homes, Bigger Opportunities: The Homebuilder Trend Buyers Love
It’s no secret that affordability is tough with where mortgage rates and home prices are right now. And that may have you worried about how you’ll be able to buy a home. But, if you don’t need a ton of space, you may find you have more cost-effective options in an unexpected place: new home…
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Why More People Are Buying Multi-Generational Homes Today
Today, 17% of homebuyers are choosing multi-generational homes. When you buy a house with your parents, adult children, or even distant relatives, that’s multi-generational. What makes that noteworthy is that 17% is actually the highest level ever recorded by the National Association of Realtors. But what’s driving the recent rise in multi-generational living? Top Benefits…
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One Homebuying Step You Don’t Want To Skip: Pre-Approval
There’s one essential step in the homebuying process you may not know a whole lot about. That’s pre-approval. Here’s a rundown of what it is and why it’s so important right now. What is Pre-Approval? Pre-approval is like getting a green light from a lender. It let’s you know how much they are willing to…
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How Much Home Equity Have You Gained? The Answer Might Surprise You
(opens in a new tab)Publish Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner? As home values rise, so does your net worth. And, if you’ve been in your house for a few years (or longer), there’s a good chance you’re sitting on a pile of…
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What to Save for When Buying a Home
Knowing what to budget for when buying a home may feel intimidating. It doesn’t have to be. By understanding the costs you may encounter upfront, you can take control of the process. Here are just a few things experts say you should be thinking about as you plan ahead. 1. Down Payment Saving for your…