Articles | The Paradigm Realty Group

Homebuyer Traffic Is on the Rise

For Sellers, Move-Up Buyers / Ajeenah Crittendon

$\"Homebuyer$ One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that […]

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The Latest Unemployment Rate Fell to 8.4%

For Buyers, For Sellers, Housing Market Updates / Ajeenah Crittendon

$\"The$ Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough to look at this as great news when millions of Americans are […]

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Have You Ever Seen a Housing Market Like This?

Housing Market Updates, Interest Rates, Pricing / Ajeenah Crittendon

$\"Have$ The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. Here’s a look at four key […]

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Thank You, Essential Workers

Holidays, Time-sensitive / Ajeenah Crittendon

To all essential workers on this Labor Day, thank you.

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The 2020 Homebuyer Wish List [INFOGRAPHIC]

For Buyers, Infographics / Ajeenah Crittendon

Some Highlights

The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible.
From more outdoor space to virtual classrooms for their children, bu…

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Homebuyer Demand Is Far Above Last Year’s Pace

For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"Homebuyer$ Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, […]

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How Will the Presidential Election Impact Real Estate?

Demographics, For Buyers, For Sellers, Housing Market Updates, Interest Rates / Ajeenah Crittendon

$\"How$ The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects […]

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It’s Not Just About the Price of the Home

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

$\"It’s$ When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low […]

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Three Ways to Win in a Bidding War

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

$\"Three$ With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy […]

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The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy / Ajeenah Crittendon

Some Highlights

The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.
This is making buying a home an increasingly attractive option for many people, especially with low mortgage ra…

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