December 2017

Should Boomers Buy or Rent after Selling?

Baby Boomers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy /

\"ShouldIn a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent… Meanwhile, more than 5 million […]

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What is the Cost of Waiting Until Next Year to Buy?

First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing /

\"WhatWe recently shared that over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values […]

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Before You Make an Offer, Here Are 4 Tips for Success!

First Time Home Buyers, For Buyers, Move-Up Buyers /

\"BeforeSo, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 […]

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Why Getting Pre-Approved Should Be Your First Step

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers /

\"WhyIn many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for […]

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The #1 Reason to List Your House Today!

For Sellers, Move-Up Buyers, Selling Myths /

\"TheMany people believe that selling their house during “the spring buyers’ market” is the best thing to do. Their reasoning is that there will be more buyers than there are during the winter months and, therefore, their house will sell quicker and for a higher price. Historically, this made sense. However, today’s real estate market […]

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Home Prices Up 7% from Last Year

Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing /

\"HomeAccording to CoreLogic’s latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0% year-over-year increase. A lack of supply of homes for sale has led to upward pressure on home prices across the country, especially in areas […]

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Why Is There So Much Paperwork Required to Get a Mortgage?

First Time Home Buyers, For Buyers, Move-Up Buyers /

\"WhyWhy is there so much paperwork mandated by the lenders for a mortgage loan application when buying a home today? It seems that they need to know everything about you and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was […]

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