For Buyers

31 Mar Is Homeownership Still Considered Part of the American Dream?

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

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Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip...

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30 Mar How a Change in Mortgage Rate Impacts Your Homebuying Budget

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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Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist...

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26 Mar 2021 Real Estate Myth Buster [INFOGRAPHIC]

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

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Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to 5 common myths about the 2021 housing market. Let’s connect to...

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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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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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