Tag: First Time Buyers

Posted on 12/18/2022
You May Have More Negotiation Power When You Buy a Home Today
Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from other buyers. And...
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Posted on 09/01/2022
Buyers: You May Face Less Competition as Bidding Wars Ease
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a...
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Posted on 01/07/2022
Why Waiting To Sell Your House Could Cost You Money
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40% of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house now rather than waiting...
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Posted on 11/03/2021
Sellers Have Incredible Leverage in Today’s Real Estate Market
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage...
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Posted on 07/27/2021
Real Estate Key Terms
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. Terms...
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Posted on 07/23/2021
More Options for Buyers
The Real Estate market is starting to ease. Inventory levels are starting to rise, and it is taking longer for homes to sell. If you are a buyer in this marketplace, you will see more homes starting to go for sale. More homes on the market mean more choices for buyers. With more homes on the market rapid...
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