Author: matthews7111

Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices

 Thursday March 22nd, 2018  Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage…
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March 22, 2018 0

Is a Major Home Renovation Worth It in the Long Run?

 Wednesday March 21st, 2018  For Buyers, For Sellers, Move-Up Buyers Last week, we shared “7 Factors To Consider When Choosing A Home To Retire In.” For some homeowners, these seven factors can be taken into account with a home renovation, but is it worth it to remodel or change floor plans? Let’s look at this example. Let’s say you have…
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March 21, 2018 0

Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!

 Tuesday March 20th, 2018  For Sellers, Move-Up Buyers CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase…
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March 20, 2018 0

Dreaming of a Luxury Home? Now’s the Time!

 Monday March 19th, 2018  First Time Home Buyers, For Buyers, Luxury Market, Millennials, Move-Up Buyers If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control.…
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March 19, 2018 0

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home!

March 16, 2018 0

Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years

 Thursday March 15th, 2018  For Buyers, For Sellers, Move-Up Buyers If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the…
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March 16, 2018 0

7 Factors to Consider When Choosing A Home to Retire In

 Wednesday March 14th, 2018  Baby Boomers, For Buyers, For Sellers, Move-Up Buyers As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate…
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March 14, 2018 0

You Can Save for a Down Payment Faster Than You Think!

 Tuesday March 13th, 2018  Down Payments, First Time Home Buyers, For Buyers Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment…
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March 13, 2018 0

4 Reasons Spring is a Great Time to Buy a Home!

Monday March 12th, 2018 First Time Home Buyers, For Buyers, Move-Up Buyers Here are four great reasons to consider buying a home today instead of waiting. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.6% over the last 12 months. The same report predicts that prices…
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March 12, 2018 0

The Difference an Hour Will Make This Spring [INFOGRAPHIC]

Some Highlights: Don’t forget to set your clocks forward this Sunday, March 11th at 2:00 AM EST in observance of Daylight Saving Time. Unless of course, you are a resident of Arizona or Hawaii! Every hour in the United States: 614 homes are sold, 81 homes regain equity (meaning they are no longer underwater on their…
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March 9, 2018 0