The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship…
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The first thing you should know as a prospective home seller is, it’s still a great market! That’s right, for over 2 years now, sellers have been uniquely positioned to get the best possible value for the sale of their homes. We even saw sellers receive offers well above asking price on occasion. It’s Economics…
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Are you a buyer with your eyes on a charming older house or a bargain fixer-upper? As you’re researching what it will take to buy the property, you’ll likely come across some hefty costs for updates to replace the outdated furnace and drafty single-pane windows. And that might leave you thinking you can’t afford the…
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Some things are just meant to go together: macaroni and cheese, Pam Beesly and Jim Halpert, a bubble bath and a glass of wine. But when it comes to bathroom decor, some pairings are less obvious. If you’re looking to liven up your look or add value to a bathroom in your home you plan…
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Like all things in life, setting up your new home is more manageable if you break it down into steps and prioritize what needs to get done right away, and what can (or even should) wait. Do: Start with a deep clean. Before unpacking, before painting, before anything really, the first thing you should do…
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There are many flavors of compromise you can strike with your lender if you are facing foreclosure. One of the toughest to execute is the short sale. What Is a “Short Sale”? The title “short sale” is somewhat misleading; many assume that “short” means quick, implying a transaction that has a short escrow period. Au…
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Now that Spring is quickly approaching, you might be considering taking the leap from renting to buying your first home! This is a very exciting step to take, but it also comes with a lot of questions. Before you decide on whether or not you want to purchase a home, take a look at these…
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What will the new year bring for homebuyers, homeowners, and home sellers? Lower or higher home prices? Higher or lower mortgage interest rates? Or a continuation of the overheated pandemic-inspired housing market? There’s no question that the blistering housing market of the past three years was hard on homebuyers. By October 2022, the average mortgage…
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With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted…
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Did you know that April is National Lawn and Garden Month? Well now that you do, it’s time to celebrate! Many people use this as a month to focus on their own garden or lawn and others use it as an opportunity to beautify their community. However, you want to celebrate, we got you covered!…
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