Home Buying

April 25, 2021

Home Is Where the Heart Is

  • There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year.Home Is Where the Heart Is [INFOGRAPHIC] | Keeping Current Matters
  • The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during the COVID-19 pandemic.
  • Owning a home provides a sense ...
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April 21, 2021

Some Buyers Prefer Smaller Homes

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives.

Some Buyers Prefer Smaller Homes

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 ...

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April 11, 2021

Buyer Competition Is Good News for Sellers

  • With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast.
  • Buyer Competition Is Good News for Sellers [INFOGRAPHIC] | Keeping Current Matters
  • According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), on average, houses are receiving over four ...
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April 3, 2021

Buyer & Seller Perks in Today’s Housing Market

Right now, the housing market is full of outstanding opportunities for both buyers and sellers.

Buyer & Seller Perks in Today’s Housing Market

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 ...

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April 2, 2021

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house.Why You Should Think About Listing Prices Like an Auction’s Reserve Price

Buyers would then try to determine how much ...

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March 31, 2021

Should We Fear the Surge in Cash-Out Refinances?

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. Should We Fear the Surge in Cash-Out Refinances?

The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is:

“a mortgage refinancing option in which an old mortgage ...

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March 29, 2021

What Credit Score Do You Need for a Mortgage?

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February.

What Credit Score Do You Need for a Mortgage?

As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards ...

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March 24, 2021

What Is the #1 Financial Benefit of Homeownership?

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains:

What Is the #1 Financial Benefit of Homeownership?

“Homeownership has cemented its role as part of the American Dream ...

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March 14, 2021

How Smart Is It to Buy a Home Today?

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. 

How Smart Is It to Buy a Home Today?

You may have to take personal or professional considerations into account, and only you can judge what impact those factors should ...

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March 13, 2021

Home Prices: What Happened in 2020? What Will Happen This Year?

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows.Home Prices: What Happened in 2020? What Will Happen This Year? The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn ...

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