Category: Tenants
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How the Federal Reserve’s Next Move Could Impact the Housing Market
Now that it’s September, all eyes are on the Federal Reserve. The overwhelming expectation is that they will cut the Federal Funds Rate at their upcoming meeting. This would be driven primarily by recent signs that inflation is cooling, and the job market is slowing down. But what does this mean for the housing market,…
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What Mortgage Rate Are You Waiting For?
You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac. And…
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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 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…
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Real Estate Still Holds the Title of Best Long-Term Investment
With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here is some information that could help put your mind at ease. Investing in a home is still a powerful decision.…
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Housing Market Forecast: What’s Ahead for the 2nd Half of 2024
As we move into the second half of 2024, here’s what eperts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected to Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the best forecasts from seven of the most trusted…
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How Do Climate Risks Affect Your Next Home?
Climate change is impacting where people buy homes. As the experts at the National Association of Realtors explain: “Sixty-three percent of people who have moved since the pandemic began say they believe climate change is – or will be – an issue in the place they currently live.” If you are planning to move, climate…