Author: MarciaMurray

25 Mar Buyer & Seller Perks in Today’s Housing Market

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates, Interest Rates by MarciaMurray 0 Comments

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Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for...

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24 Mar Why You Should Think About Listing Prices Like an Auction’s Reserve Price

Posted at 10:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing by MarciaMurray 0 Comments

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For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then...

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23 Mar Should We Fear the Surge in Cash-Out Refinances?

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates by MarciaMurray 0 Comments

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Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in which...

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22 Mar What Credit Score Do You Need for a Mortgage?

Posted at 10:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers by MarciaMurray 0 Comments

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According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a...

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19 Mar Americans See Major Home Equity Gains [INFOGRAPHIC]

Posted at 10:00h in Blog, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing by MarciaMurray 0 Comments

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Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a...

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18 Mar To Renovate or Not To Renovate Before You Sell

Posted at 10:00h in Blog, For Sellers, Pricing, Selling Myths by MarciaMurray 0 Comments

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When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be...

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17 Mar What Is the Strongest Tailwind to Today’s Recovering Economy?

Posted at 10:00h in Blog, For Buyers, For Sellers, New Construction by MarciaMurray 0 Comments

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Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11, 2020, from the...

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16 Mar What Is the #1 Financial Benefit of Homeownership?

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates by MarciaMurray 0 Comments

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There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the...

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15 Mar How to Make a Winning Offer on a Home

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Move-Up Buyers by MarciaMurray 0 Comments

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Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream...

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12 Mar How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]

Posted at 11:00h in Blog, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers by MarciaMurray 0 Comments

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Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain...

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