Category: Sellers
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Are We Heading into a Balanced Market?
If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know. What is a Balanced Market? A balanced market is generally defined…
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Today’s Biggest Housing Market Myths
Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re thinking about buying or selling a home in today’s housing market. There’s a lot of misinformation out there. And right now, making sure you have someone you can go to for trustworthy information is extra important. I can clear…
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Where Will You Go After You Sell?
If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news. The supply of homes for sale has grown in a lot of markets this year. That’s not just existing, or previously owned homes. It’s true for newly built homes too. So…
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What Every Homeowner Should Know About Their Equity
Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize. Here’s a deeper look at what you need to…
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Are Home Prices Going To Come Down?
Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means. In the context of today’s housing market, it doesn’t…
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Unlocking Homebuyer Opportunities in 2024
There’s no arguing this past year has been difficult for homebuyers. And if you’re someone who has started the process of searching for a home, maybe you put your search on hold. A Bright MLS study found some of the top reasons buyers paused their search in late 2023 and early 2024 were: If any…
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Why a Foreclosure Wave Isn’t on the Horizon
Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage payments. But, does that mean there is a big wave of…
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Why Your Asking Price Matters Even More Now
If you’re thinking about selling your house, here’s something you really need to know. Even though it’s still a seller’s market today, you can’t pick just any price for your listing. While home prices are still appreciating in most areas, they are climbing at a slower pace. That’s because higher mortgage rates are putting a…
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Not a Housing Crash!!
3 Graphs That Show How Today’s Inventory Differs from 2008 Even if you didn’t own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people. Many now live with the worry that something like that could happen again. But rest easy, because things are…