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Three Tips for First-Time Homebuyers

By |2022-05-05T03:00:57-07:00May 5th, 2022|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Real Estate|

Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much you need to [...]

Things That Could Help You Win a Bidding War on a Home

By |2022-05-03T03:00:34-07:00May 3rd, 2022|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing, Real Estate|

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how [...]

How Homeownership Can Help Shield You from Inflation

By |2022-04-26T03:00:24-07:00April 26th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Pricing, Real Estate|

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to [...]

Is It Enough To Offer Asking Price in Today’s Housing Market?

By |2022-04-25T03:00:54-07:00April 25th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would [...]

Myths About Today’s Housing Market [INFOGRAPHIC]

By |2022-04-22T03:00:46-07:00April 22nd, 2022|Categories: Buying Myths, For Buyers, For Sellers, Infographics, Real Estate, Selling Myths|

Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a professional to guide [...]

How To Approach Rising Mortgage Rates as a Buyer

By |2022-04-20T03:00:55-07:00April 20th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate|

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that [...]

Why Pre-Approval Is an Important Step for Today’s Homebuyers

By |2022-04-19T03:00:05-07:00April 19th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will check [...]

What Is Multigenerational Housing? [INFOGRAPHIC]

By |2022-04-15T03:00:19-07:00April 15th, 2022|Categories: Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing [...]

What You Need To Budget for When Buying a Home

By |2022-04-05T03:00:46-07:00April 5th, 2022|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you’ll [...]

Key Terms for Homebuyers [INFOGRAPHIC]

By |2022-03-11T04:00:46-07:00March 11th, 2022|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Real Estate|

Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a [...]