Don’t Get Caught Off Guard by Closing Costs

First Time Home Buyers, For Buyers, Move-Up Buyers / By Tatiana Janes

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not […]

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Key Terms for Homebuyers [INFOGRAPHIC]

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers / By Tatiana Janes

Some Highlights

Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.
Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.
Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. Let’s connect so you have an expert guide and advice for any questions that may come up.

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How To Navigate a Market Where Multiple Offers Is the New Normal

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By Tatiana Janes

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast […]

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Key Factors That Impact Affordability Today

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing / By Tatiana Janes

You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, […]

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How Global Uncertainty Is Impacting Mortgage Rates

For Buyers, For Sellers, Housing Market Updates, Interest Rates / By Tatiana Janes

If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since […]

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Supply and Demand in Today’s Market [INFOGRAPHIC]

For Buyers, For Sellers, Housing Market Updates, Infographics / By Tatiana Janes

Some Highlights

Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell.
For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and get multiple offers.
If you’re ready to move, let’s connect to talk about our local area and how you can take advantage of today’s unprecedented housing market.

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Are Home Prices Continuing To Rise?

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing / By Tatiana Janes

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6% […]

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Down Payment Assistance Programs Can Help You Achieve Homeownership

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers / By Tatiana Janes

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For […]

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An Expert Advisor Will Give You the Best Advice in Today’s Market

For Buyers, For Sellers, Housing Market Updates / By Tatiana Janes

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate advisor isn’t just good to have by your side, they’re essential. Today’s housing market is full of extremes. Experts […]

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Millennials: Do You Need a Home with More Space?

Demographics, Down Payments, For Buyers, For Sellers, Millennials, Move-Up Buyers / By Tatiana Janes

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the […]

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