Real Estate Questions and Answers

First Time Home Buyers

How Trusted Professionals Make Homebuying Easier to Understand

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In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns … [Read more...] about How Trusted Professionals Make Homebuying Easier to Understand

The Overlooked Financial Advantages of Homeownership

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There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can … [Read more...] about The Overlooked Financial Advantages of Homeownership

Homeownership Rate on the Rise to a 6-Year High

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Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:This increase does not come as a surprise. According to realtor.com, “The largest cohort of … [Read more...] about Homeownership Rate on the Rise to a 6-Year High

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

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When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land … [Read more...] about Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey