Category: Insights
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Buyer Activity Is Up!
Buyer activity is up despite higher mortgage rates If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is…
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Four Things to Haggle Over When Buying a Home
Home buyers can reduce their expenses by negotiating on more than just the price! Home buyers might have better luck saving thousands of dollars by focusing their haggling skills on items other than the home’s purchase price. The price of the home is a major detail, especially as mortgage rates move up. But given that…
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The Housing Market Has Cooled, But It’s Not Frozen!
Let’s say you would like to move but you’re handcuffed to your house by a low mortgage rate. If you move now, you’ll have to pay a much higher interest rate on your next home loan. Sound familiar? It’s a situation that millions of Americans find themselves in. This chart shows the opening of a…
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Leverage Your Equity When You Sell Your House
One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. “Home equity is the portion of your…
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Millennials Are Buying Homes
Five Reasons Millennials Are Buying Homes In the United States, there are over 72 million millennials. If you are part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. Why? There are plenty…
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Home Inspection vs Appraisal
What’s the Difference Between a Home Inspection and an Appraisal? If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. An appraisal is a professional evaluation of the market value of the home you’d like to buy.…
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An Expert Gives You Clarity in Today’s Housing Market
Ben Keeney * RE/MAX Right Choice * 203-313-0013 The housing market has been going through shifts lately. That’s why it’s so important to work with a professional who can be your guide throughout the process. I will give you the best advice on what’s really happening with home prices, housing supply, and expert projections. I…
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Balancing Your Wants and Needs
Balancing your wants and needs as a homebuyer this spring! Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Market Trends Report from realtor.com puts it this way: “While the number of…
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Your Tax Refund
Your Tax Refund Can Help You Achieve Your Homebuying Goals Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news. Yout tax refund can help you achieve your goals by paying…