February 2020

How the Housing Market Benefits with Uncertainty in the World

Buying Myths, For Buyers /

\"HowIt’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020, the fund explains, […]

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Homeownership Rate on the Rise to a 6-Year High

Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Millennials /

\"HomeownershipRegardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below: This increase does not come as […]

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Does “Aging in Place” Make the Most Sense?

Baby Boomers, Demographics, For Sellers, Generation X, Senior Market /

\"DoesA desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – […]

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How to Avoid a Gender Gap When Investing in the Housing Market

Demographics, For Buyers, For Sellers /

\"HowWhen buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away with very different financial outcomes when the deal closes. Thankfully, if you follow some simple […]

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Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

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

\"ThreeWhen the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough […]

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