Category: Tenants
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Builders Are Building Smaller Homes
There’s no arguing it, affordability is still tight. And if you are trying to buy a home, that may mean you need to look at smaller houses to find one that’s still in your budget. But there is a silver lining, builders are focucsed on building these smaller homes right now and they are offering…
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Perks of Downsizing When You Retire
If you are about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses. For Buyers: Smaller homes typically have lower energy and maintenance costs. Plus, you may have enough equity built up to fuel your move. For Sellers: If you are thinking about…
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Ways To Use Your Tax Refund if You Want to Buy a Home
Your Tax Refund Can Help Pay for Some of these Expenses Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – from your down payment to closing costs. But did you also know your tax refund can help you pay for some…
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Is It Easier To Find a Home To Buy Now?
One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that’s starting to change. The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the…
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Your Home is a Powerful Investment
Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting home prices would drop by as much as 10-20%. That might have made you feel a bit unsure about buying a home. But here’s what actually happened.…
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Finding Your Perfect Home in a Fixer Upper
If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper. That’s a house that needs a little elbow grease or some updates, but has good bones. Fixer-uppers can be a really great option if you are looking to break…
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What’s Really Happening with Mortgage Rates?
Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true. The simplest answer is: that what you read or…
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Houses Are Still Selling Fast
Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as frenzied as it was during the ‘unicorn’ years ,they are still selling faster than normal. The graph below uses data from Realtor.com. It tells the story of median days on the market. For Realtor.com, days…
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Why It’s More Affordable to Buy a Home This Year!
Some Highlights Home affordability depends on three factors: mortgage rates, home prices and wages Mortgage rates are down from their recent peak. Home prices are expected to rise at a slower pace. Wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting better.