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Move-Up Buyers

24 Jan

Posted at 11:30h in Blog, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing by
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The 3 Factors That Affect Home Affordability Simplifying The Market

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:

17 Jan

Posted at 11:30h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers by
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Think Twice Before Waiting for 3% Mortgage Rates Simplifying The Market

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.

19 Dec

Posted at 11:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers by
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Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director...