Category: Tenants
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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.
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The Dramatic Impact of Homeownership on Net Worth
If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances. It compares net worth for homeowners and renters. The latest report…
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Achieving Your Homebuying Dreams in 2024
Highlights Planning to buy a home in 2024? Here’s what to focus on Improve your credit score. Plan for your down payment. Get pre-approved and decide what’s most important to you. Let’s get together to discuss your homebuying goals for 2024.
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Ways Your Home Equity Can Help You Reach Your Goals
I’ve you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about. That’s home equity! If you’re not familiar with that term, Freddie Mac defines it like this: “……your home’s equity is the difference between how much your home is worth and how much you…
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Thinking About Buying a Home? Ask Yourself These Questions
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones. Most likely, home prices and mortgage rates are coming up a…
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Why Pre-Approval Is Your Homebuying Game Changer
If you are thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you are working with a trusted lender to prioritize this essential step. Here’s…