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Top Reasons Homeowners Are Selling Their Houses Right Now

By |2022-09-21T03:00:35-07:00September 21st, 2022|Categories: For Sellers, Interest Rates, Move-Up Buyers, Real Estate|

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage [...]

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

By |2022-09-16T03:00:38-07:00September 16th, 2022|Categories: First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Real Estate|

Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know [...]

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

By |2022-09-15T03:00:24-07:00September 15th, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a [...]

Three Things Buyers Can Do in Today’s Housing Market

By |2022-09-13T03:00:12-07:00September 13th, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re [...]

New Homes May Have the Incentives You’re Looking for Today

By |2022-09-01T03:00:28-07:00September 1st, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction, Real Estate|

According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that [...]

Buyers: You May Face Less Competition as Bidding Wars Ease

By |2022-08-31T03:00:25-07:00August 31st, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried [...]

Why You May Want To Start Your Home Search Today

By |2022-08-25T03:00:09-07:00August 25th, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers [...]

3 Tips for Buying a Home Today

By |2022-08-22T03:00:17-07:00August 22nd, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But it’s important to keep in mind that [...]

Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

By |2022-08-10T03:00:02-07:00August 10th, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your [...]