March 2022

Did Your Dream Home Just Come on the Market?

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers /

\"DidFor the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of declines). Here’s a graph showing the monthly new […]

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Are You Wondering if This Is the Year To Buy a Home?

First Time Home Buyers, For Buyers, Rent vs. Buy /

\"AreEvery year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time. After all, according to Census […]

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Don’t Get Caught Off Guard by Closing Costs

First Time Home Buyers, For Buyers, Move-Up Buyers /

\"Don’tAs a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not […]

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This Spring Presents Sellers with a Golden Opportunity

For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"ThisIf you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be able to get the […]

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How To Navigate a Market Where Multiple Offers Is the New Normal

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers /

\"HowIf you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast […]

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Key Factors That Impact Affordability Today

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"KeyYou can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, […]

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How Global Uncertainty Is Impacting Mortgage Rates

For Buyers, For Sellers, Housing Market Updates, Interest Rates /

\"HowIf you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since […]

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