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Waiting To Buy a Home Could Cost You [INFOGRAPHIC]

ByDavid Dowd
July 30, 2021
Buyers, Infographic, Move-Up Buyers

Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again.The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big

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Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

ByDavid Dowd
July 29, 2021
Move-Up Buyers, Sellers

Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65%

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4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

ByDavid Dowd
July 28, 2021
Foreclosures, Housing Market Updates, Pricing

With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble

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A Look at Housing Supply and What It Means for Sellers

ByDavid Dowd
July 27, 2021
Housing Market Updates, Move-Up Buyers, Sellers

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means

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3 Hot Topics in the Housing Market Right Now

ByDavid Dowd
July 26, 2021
Buyers & Sellers, Housing Market Updates

If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact

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Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]

ByDavid Dowd
July 23, 2021
Buyers & Sellers, Infographic

Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which

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Today’s Real Estate Market Explained Through 4 Key Trends

ByDavid Dowd
July 22, 2021
Buyers & Sellers, Housing Market Updates

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four

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Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

ByDavid Dowd
July 21, 2021
Buyers & Sellers, Housing Market Updates

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving

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3 Charts That Show This Isn’t a Housing Bubble

ByDavid Dowd
July 20, 2021
Buyers & Sellers, Housing Market Updates

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by

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What You Should Do Before Interest Rates Rise

ByDavid Dowd
July 19, 2021
Buyers & Sellers, Buying Myths

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you

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