For Buyers

23 Aug What Do Experts Say About Today’s Mortgage Rates?

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

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Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why...

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20 Aug Options for First-Time Homebuyers [INFOGRAPHIC]

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

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Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs. If you’re having trouble finding...

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19 Aug More Young People Are Buying Homes

Posted at 10:00h in Blog, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy by MarciaMurray 0 Comments

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There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain...

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18 Aug Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

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

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One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the...

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11 Aug Are Houses Less Affordable Than They Were in Past Decades?

Posted at 10:00h in Blog, Buying Myths, For Buyers, Interest Rates, Pricing by MarciaMurray 0 Comments

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There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today...

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10 Aug Looking for a Place To Call Home? Consider a Condominium.

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

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It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a...

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09 Aug The Community and Economic Impacts of a Home Sale

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

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If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of...

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05 Aug Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

Posted at 10:00h in Blog, Buying Myths, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction by MarciaMurray 0 Comments

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In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home.” However, it seems buyers are...

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03 Aug With Rents on the Rise – Is Now the Time To Buy?

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy by MarciaMurray 0 Comments

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According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across...

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02 Aug Key Questions To Ask Yourself Before Buying a Home

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

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Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your...

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