Buying and Selling Tips and Resources

Did You Outgrow Your Home in 2020?

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your lifestyle. …

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The Difference a Year Makes for Homeownership

Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize: One option is to consider moving into a new …

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Homeowner Equity Increases an Astonishing $1 Trillion

In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: U.S. homeowners with mortgages have seen their equity increase by a total of $1 …

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time to buy your first home

The #1 Reason Not to Wait to List Your House for Sale

Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Housing …

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home buying advantage

Lower Costs, Bigger Advantages

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. The major factor is low mortgage rates. In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national …

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for sale homes

Low Mortgage Rate Advantage

Home buyers are accelerating their timelines to take advantage of low mortgage rates. Staying home has enabled some to save more money to put toward a down payment. Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and …

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homes for sale

Resilient Real Estate Market

America has faced its share of challenges in 2020. Even with all of the uncertainty, the residential real estate market continues to show great resilience and is doing remarkably well. Have You Ever Seen a Housing Market Like This? The year 2020 will certainly be one to remember, with new realities and norms that changed …

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home buying

Home Buying

Home Buyers are out in full force. Many Americans now need more space to work from home, and the current low mortgage rates are providing motivation to enter the housing market. Today’s buyers are serious about making a move. Your opportunity to sell your house in a market with high demand is growing, especially as …

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equity in your home

Homeowner Equity – A Driving Factor

On average, homeowners are staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable. As average homeowner tenure lengthens and home prices rise, equity can be applied forward to the purchase of a new home. Increasing equity is enabling many …

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