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[vc_row][vc_column][vc_column_text]Many people are currently trying to decide if now is the right the time to buy a home. Some are homeowners who have realized that their current home no longer fits their needs. Others are renters who are ready to become homeowners but are unsure if buying right now makes sense.   Both parties need to ask two simple questions to determine if they should buy now or...

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[vc_row][vc_column][vc_column_text]The housing market has seen significantly less single-family homes for sale this March than in March of 2020. This is part of the reason behind the lack of inventory we are experiencing. The key to continued success in the residential housing market is for more listings to come on the market. However, many homeowners are concerned that selling their homes could be challenging for several reasons.   What will...

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[vc_row][vc_column][vc_column_text]We are currently in the ultimate sellers’ market, which means competition between buyers right now is at an all-time high. The question many homebuyers are asking themselves is, “Why is it so hard to find a house?” , The National Association of Realtors (NAR) reported that homes are getting an average of 4.8 offers per sale, and that number keeps rising with so few houses for sale.   Comparative to what we saw...

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[vc_row][vc_column][vc_column_text]Homeowners are in a great position right now to make a move. With housing inventory so low, buyer competition is sky high. This gives sellers the leverage to sell for the best possible terms, and it is resulting in a drastic rise in home prices.   Houses are selling quickly in this hot market. According to the National Association of Realtors (NAR), homes are typically on the market for...

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[vc_row][vc_column][vc_column_text]There are likely to be some remarkable headlines about real estate over the coming months. However, don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (March, April, May, and June). The data will most likely show incredible one-year increases.   While these year-over-year jumps can catch your eye, buyers should take these numbers with a grain of salt. In reality, the...

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[vc_row][vc_column][vc_column_text]One of the most challenging aspects of buying a home is saving for a down payment. As you’re working hard to budget and plan for your purchase, you may want to understand how much you’ll need to put down and more specifically, how long it will take you to get there. The process may actually move faster than you think.   We are able to estimate how...

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[vc_row][vc_column][vc_column_text]As vaccines are administered and life begins to return to normal, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. That includes those who are focusing on buying a vacation home rather than staying in a hotel, too. The National Association of Home Builders (NAHB) reports that second homes account for 15 percent of new single-family home sales.   This increase...

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[vc_row][vc_column][vc_column_text]Recently, there has been discussion around what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program.   Some assume there could be millions of foreclosures hitting the market, but there are a few major reasons that won’t happen.   Almost 50% Who leave The Program Are Current on their Payments.   Data through March shows that 48.9% of homeowners who have already left...

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[vc_row][vc_column][vc_column_text]In today’s sellers’ market, many homeowners are tempted to try to sell their house on their own instead of working with a trusted real estate professional.   Right now, buyers are eager to snatch up virtually any house that comes to market. This makes it even more tempting to sell your home on your own. As a result, some sellers think selling their house will be a breeze. Let’s unpack why...

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[vc_row][vc_column][vc_column_text]It’s common knowledge that if you’re planning on buying a home, saving for a down payment is one of the most important steps in the process.   How do you start? Well, one of the best ways to start your savings is with the help of your tax refund.   According to the Internal Revenue Service (IRS), Americans can expect an average refund of $2,925 when filing their taxes this year. This number varies by...

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