For Buyers | The Paradigm Realty Group

99% of Experts Agree: Home Prices Will Increase

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

$\"99%$ Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year. What is the Home Price Expectation Survey? Each quarter, […]

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Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

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

$\"Be$ Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The rate you […]

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Buyer Demand Still Outpacing the Supply of Homes for Sale

For Buyers, For Sellers / Ajeenah Crittendon

$\"Buyer$ The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic […]

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5 Reasons Why to Sell This Spring!

For Buyers, For Sellers, Move-Up Buyers / Ajeenah Crittendon

$\"5$ Here are five reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the […]

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Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"Freddie$ Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which […]

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Is a Major Home Renovation Worth It in the Long Run?

For Buyers, For Sellers, Move-Up Buyers / Ajeenah Crittendon

$\"Is$ Last week, we shared “7 Factors To Consider When Choosing A Home To Retire In.” For some homeowners, these seven factors can be taken into account with a home renovation, but is it worth it to remodel or change floor plans? Let’s look at this example. Let’s say you have a 4-bedroom colonial style home […]

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Dreaming of a Luxury Home? Now’s the Time!

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

$\"Dreaming$ If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control. The inventory of homes for sale […]

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The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

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

Some Highlights:

Interest rates are projected to increase steadily heading into 2019.
The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
Rates are still low right now. Don’t wai…

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Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years

For Buyers, For Sellers, Move-Up Buyers / Ajeenah Crittendon

$\"Moving$ If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the last 40+ years […]

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7 Factors to Consider When Choosing A Home to Retire In

Baby Boomers, For Buyers, For Sellers, Move-Up Buyers / Ajeenah Crittendon

$\"7$ As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs […]

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