Buyer Information

Nov. 2, 2022

Homeownership is Historically a Great Hedge Against Inflation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(iStock)

 

In an inflationary economy, prices rise across the board. Historically, homeownership is a great hedge against those rising costs because you can lock in what’s likely your largest monthly payment (your ...

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Nov. 2, 2022

The Fed and It's Influence on Real Estate - November 2022 Market Update

 

 

All year long the Federal Reserve has been in the news. Inflation had become enemy number one and they were going to do everything in their power to tamp down out-of-control inflation. Prices of goods, services, food, and energy were climbing at an unhealthy rate. Home values had ...

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Oct. 31, 2022

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good ...

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Oct. 4, 2022

Buyer's Opportunity - The 2-1 Temporary Buydown

 

With interest rates in the high 6% range, quite simply, you don't get as much for your money. 

 

But there is hope! It is called the 2-1 Temporary Buydown and has helped many buyers and sellers close escrow in this sluggish market.

 

What is a ...

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Posted in Buyer Information
Sept. 22, 2022

Top Reasons Homeowners Are Selling Their Houses Right Now

 

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 homes. You may even have the same hesitation if you’re thinking about selling your house.

Data shows 51% of homeowners have ...

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Aug. 9, 2022

August 2022 Market Update - No Bargains

 

 

MANY BUYERS ARE LOOKING FOR A DEAL OR WAITING FOR THE HOUSING MARKET TO CRASH BEFORE THEY PURCHASE, BUT THAT IS NOT GOING TO HAPPEN ANYTIME ON THE HORIZON. 

 

 

The looming recession has buyers on the edge of their seats fully aware that the housing ...

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Aug. 8, 2022

3 Graphs to Show This Isn't a Housing Bubble

 

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008 ...

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Aug. 3, 2022

Mortgage Rates - This is What We Know To Be True


Up until about 20 years ago, rates generally remained about 7.5% and home buyers purchased homes at record rates to get their slice of the American Dream. But now that rates are in the mid-5% range, sales are slowing dramatically.

This is what we know to be true:

1 ...

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July 26, 2022

July 2022 Real Estate Market Update - What a Difference a Year Makes

 

 

IN COMPARING THIS YEAR TO LAST YEAR, THE HOUSING MARKET IS PROFOUNDLY DIFFERENT WITH HIGHER MORTGAGE RATES, MORE AVAILABLE HOMES, MUCH LOWER DEMAND, AND SIGNIFICANTLY 

LONGER MARKET TIMES. 

 

The tell-tale signs that the market has changed are all here. OPEN HOUSE directional arrows now adorn ...

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June 20, 2022

Home Price Deceleration Doesn’t Mean Home Price Depreciation

 

 

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a ...

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