News Items in the Category

market conditions

Some Buyers Prefer Smaller Homes
April 13, 2021

Some Buyers Prefer Smaller Homes

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Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature of the pandemic, through the health implications, social distancing, […]

Homeownership Is Full of Financial Benefits
April 8, 2021

Homeownership Is Full of Financial Benefits

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A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a better chance of saving for retirement 87% – the best investment plan […]

Latest Jobs Report: What Does It Mean for You & the Housing Market?
April 7, 2021

Latest Jobs Report: What Does It Mean for You & the Housing Market?

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Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The […]

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year
April 5, 2021

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

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If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund. Using data from the Internal Revenue Service (IRS), it’s estimated that Americans […]

There’s No Reason To Panic Over Today’s Lending Standards
April 1, 2021

There’s No Reason To Panic Over Today’s Lending Standards

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Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing […]

Is Homeownership Still Considered Part of the American Dream?
March 31, 2021

Is Homeownership Still Considered Part of the American Dream?

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Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of Europe, which was still in many […]

How a Change in Mortgage Rate Impacts Your Homebuying Budget
March 30, 2021

How a Change in Mortgage Rate Impacts Your Homebuying Budget

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Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased […]

Buyer & Seller Perks in Today’s Housing Market
March 25, 2021

Buyer & Seller Perks in Today’s Housing Market

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Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to […]