Keys to Buying

Apr 27, 2021

After weeks, maybe even months of shopping, you finally find a house you can envision yourself living in. Now you will need to make an offer to the seller. But, how do you go about making an offer on the house? Making a successful yet reasonable offer requires planning and preparation to have the best chance of having your offer accepted.

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Are There Going to Be More Homes to Buy This Year?

Are There Going to Be More Homes to Buy This Year?

Feb 25, 2021

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of

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How Much Leverage Do Today’s House Sellers Have?

How Much Leverage Do Today’s House Sellers Have?

Feb 24, 2021

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory

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The Reason Mortgage Rates Are Projected to Increase and What It Means for You

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

Feb 23, 2021

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low

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Where Have All the Houses Gone?

Where Have All the Houses Gone?

Feb 22, 2021

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage

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