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Category Archives: Home Buyers

Home Buying Tips for the Spring Real Estate Market

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Home Buying Key Takeaways:

  • Get your best mortgage rate with a better credit score
  • When you find a property you love, make an offer
  • Don’t wait—contact us and start planning your move today!

The spring real estate market looks different for home buyers in 2023 than in previous years. With recent changes to interest rates, available inventory, home prices, and a lot more, it’s essential to work with your trusted local real estate team to get prepared! The spring real estate market is full of opportunity and potential, making it the ideal time to purchase a home. If you’re looking to buy a home this season, here are some tips on what steps to take during the spring real estate market. Continue reading →

Why Now Is a Good Time to Enter the Housing Market

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Key Takeaways:

  • Low default rates are a positive sign of the housing market’s resiliency  
  • There are signals that the market is shifting to favor homebuyers
  • Our team is ready to help you achieve your goals, so contact us today!

As with any investment, the best time to buy is when prices are low. It’s no different when it comes to real estate. With one historic and unprecedented event after another these days, knowing when to move in today’s market can be complicated and intimidating, but it doesn’t need to be.

Analysts agree about where the market is likely headed. So as 2022 winds down, let’s review the latest news to help you better understand where your opportunity lies (and why now may actually be the best time to buy!).

Low loan defaults are keeping the housing market healthy

Portrait Of Happy Family Showing Key, Standing In Living Room.

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Top 5 Tips for Home Buying in Today’s Market

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Key Takeaways:

  • There are plenty of strategies to successfully buy in today’s market.
  • Lean in on the expertise of your local real estate—we’ve seen it all!
  • Our team is ready to help you achieve your goals, so contact us today.

Whether you’re shopping for your first home or relocating to a new area, purchasing a home in today’s real estate market can be daunting. However, the good news is that today’s housing market can actually be helpful if you’re a prospective home buyer who knows how to play the game well. When it comes to making a winning offer on your dream home, you must know certain particulars of the home buying process to be successful.

So, let’s look at the top five home buying tips that will help to play the real estate game more effectively and pave your path to home ownership.

1. Determine and know your budget

Woman looking over finances to buy a home

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Why Now Is the Right Time to Buy Your Dream Home

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Key Takeaways:

  • Mortgage rates are going up, but they’re actually not that high.
  • You’re still in control: you can get yourself a lower rate with these smart tips.
  • Find opportunities in your local real estate market—contact us today!

Many would-be homebuyers putting off buying their dream home because they are fearful of rising mortgage rates. It seems like the news is non-stop negative when it comes to talking about the housing market. But it’s worth putting those headlines into perspective. In 1981, mortgage rates hit an all-time high of 18.45%! On a 30-year fixed mortgage right now, you can expect to find rates around 5.9%—that’s 68% less than the highest mortgage rates homeowners have historically managed. Let’s take a look at today’s mortgage rates and see why this is still the time to buy your dream home.

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Why You Need a Real Estate Agent in This Shifting Market

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Key Takeaways:

  • Understanding the ebbs and flows of the market is crucial to success
  • A real estate agent is on your side and knows your local market best 
  • Start planning your next move now – contact us!

What to Do When the Market Changes

Buying or selling a home is one of the most exciting moments in people’s lives, and it’s also affected by broader economic trends. The challenging process is filled with details and detours. Today’s housing market is continually pivoting amid persistent global pandemic-related influences and a subsequent housing supply crisis.

If you’re looking to buy, sell, or both, employing the services of a trusted real estate professional is a critical decision that can make or break your deal. The local knowledge and experience they bring to the table will help you navigate the real estate investing process wisely, especially in today’s rapidly shifting housing market. 

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Is It Better to Rent or Buy Right Now?

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Key Takeaways:

  • Homeownership remains one of the best ways to build long-term wealth
  • The cooling housing market is causing bidding wars for rental units
  • Our experienced team of dedicated agents will help you secure a home!

The Cost of Rent Is Rising

Should you rent or buy? Recent reports on current conditions in the real estate market have highlighted a new trend developing in today’s heated market: rising rents. In addition to increasing rental costs, bidding wars within the apartment and housing rental market are increasingly becoming commonplace, with some offering hundreds of dollars more than the asking price.

If you’ve been renting and wondering if buying a home instead of renting would be a better use of your money, the good news is that, yes, buying a house is still a better use of your money. So let’s take a closer look at what’s happening in today’s market and why buying a home remains the better option for building your wealth versus renting. Continue reading →

The 2022 Summer Housing Market

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Key Takeaways:

  • There’s a lot to be excited about with this summer’s housing market.
  • Homes are for sale with the features you want, like swimming pools.
  • Our team knows how to help get the most for your home – contact us!

Despite news about a looming recession, high mortgage interest rates, and low inventory negatively impacting real estate, many good things are still happening and worth getting excited about in the 2022 summer housing market.

Some promising news in today’s historic housing market is that home demand remains strong, with well-vetted, qualified buyers making cash offers, creating a more balanced seller’s and buyer’s market. Additionally, home values continue to defy the odds and climb higher with no end in sight, helping your equity gains grow, which creates opportunities to put your equity gains to use that have never been better. Continue reading →

The Top 5 Things You Shouldn’t Do When Buying a Home

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Key Takeaways:

  • You want to make sure you’re doing everything right when it’s time to buy a new home in a competitive market.
  • Stability with your employment and finances is super important, so don’t make any sudden changes.
  • Don’t skip out on working with a buyer’s agent—an experienced real estate agent is an invaluable partner.

Buying a home is an exciting and sometimes nerve-wracking experience. In addition to finding the right place, you also have to find the right mortgage, and with low inventory in many markets and rising home prices nationwide, securing your dream home can be a challenge if you don’t make the right decisions when preparing to buy. Here are five of the most common mistakes you should avoid when buying a home. Continue reading →

Inflation – and Home Values – Are Up. Should You Sell?

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Key Takeaways:

  • Home values are rising faster than inflation, making homes a prized asset
  • This housing market offers unique opportunities for buyers and sellers
  • Contact us today to secure your assets and safeguard your future!

The state of real estate and inflation

As inflation soars to near 40-year highs and raises the cost of everything, many are looking for innovative ways to secure their assets against inflationary losses. Additionally, given the housing market’s recent volatility (primarily driven by historic low levels of housing inventory that have caused an imbalance between supply and demand), it’s understandable that many might consider real estate to be a wrong or risky move right now. But the great news is that nothing could be further from the truth. Let’s explore how and why buying or selling a home can safeguard you against inflation. Continue reading →

Should You Be Worried About a Housing Bubble?

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Key Takeaways:

  • Real Estate Bubbles: what are they, are we in one now, and why there’s no cause for alarm.
  • It’s natural to compare today to 2008, but this housing market is vastly different.
  • You can lean on our expertise! We’ve seen all types of markets, so reach out with questions.

With home prices soaring to levels never before seen, it is undeniable that the U.S. housing market is in uncharted territory, with many industry experts speculating that we’re in the midst of yet another housing bubble. However, like snowflakes, every bubble is created differently and is unique. Continue reading →

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