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4 Key Homebuying Terms You NEED to Know

Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use to fuel a move up. TermsContinue reading “4 Key Homebuying Terms You NEED to Know”

Why experts say we AREN’T in a housing bubble

3 Charts That Show This Isn’t a Housing Bubble With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven byContinue reading “Why experts say we AREN’T in a housing bubble”

Patience is the key to buying a home this year

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? It’s because there areContinue reading “Patience is the key to buying a home this year”