Housing Market Updates

28 Mar A Key To Building Wealth Is Homeownership

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

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The link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership...

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24 Mar What You Can Expect from the Spring Housing Market

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

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As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate...

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23 Mar What You Need To Know if You’re Thinking About Building a Home

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

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If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider...

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21 Mar The Average Homeowner Gained More Than $55K in Equity over the Past Year

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

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If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity...

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17 Mar Did Your Dream Home Just Come on the Market?

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

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For 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...

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14 Mar This Spring Presents Sellers with a Golden Opportunity

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

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If 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...

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

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

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If 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...

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09 Mar Key Factors That Impact Affordability Today

Posted at 11:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing by MarciaMurray 0 Comments

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You 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...

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08 Mar How Global Uncertainty Is Impacting Mortgage Rates

Posted at 11:00h in Blog, For Buyers, For Sellers, Housing Market Updates, Interest Rates by MarciaMurray 0 Comments

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If 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...

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04 Mar Supply and Demand in Today’s Market [INFOGRAPHIC]

Posted at 11:00h in Blog, For Buyers, For Sellers, Housing Market Updates, Infographics by MarciaMurray 0 Comments

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Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For...

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