Housing Market

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Housing Market Navigating Today’s Real Estate Market: What Are Your Buying Options? The real estate market is always evolving, and 2024 is no exception. Whether you’re re a first-time homebuyer, an investor, or someone looking to upgrade, the key to success is understanding your options. With fluctuating interest rates, shifting inventory levels, and competitive bidding situations, it’s crucial to explore all avenues before making a move. Let’s […]
Housing Market Top 10 Mistakes First-Time Homebuyers Should Avoid Buying your first home is an exciting milestone, but it can also feel overwhelming. With so many steps involved, it’s easy to make missteps that could cost you time, money, or even your dream home. To help you navigate the process, here are the top 10 mistakes first-time homebuyers should avoid: 1. Skipping Mortgage Pre-Approval […]
Housing Market Step-by-Step Guide to Buying a Home: From Agent to Closing Buying a home is exciting, but it takes several key steps to get there. Start by finding a real estate agent who understands your needs and the market. Your agent will help you explore listings, tour homes, and negotiate a fair offer when you find the right one. With a good agent, you’ll have the […]
Housing Market Real Estate Market: A Look Back 50 Years – Then vs. Now   1. Interest Rates: Then & Now In 1974, the U.S. was in the midst of an economic downturn following the 1973 oil crisis. Mortgage interest rates were around 9%, and inflation was climbing. For prospective homebuyers, this meant facing both high borrowing costs and fewer incentives to purchase. Adjustable-rate mortgages were common as banks […]
Housing Market The Benefit of Having an Agent In 2024, the real estate market moves quickly and changes often. Interest rates, new technologies, and legal rules all impact how homes are bought and sold. That’s why having a real estate agent on your side is key. Agents bring expert knowledge, helping you decide on pricing, timing, and negotiations. They also offer insights into […]
Housing Market 10 Surprising Facts You Didn’t Know About Selling Your Home     Selling a home is a significant life event that requires careful planning and consideration. Most people know the basics of putting their home on the market, but there are several lesser-known facts that can influence how quickly your home sells and how much profit you make. Here are ten surprising things you might […]
Housing Market Fed Rate vs. Interest Rate, what’s the difference?       Understanding the Fed Rate: What It Is and How It Works The Federal Reserve (Fed) rate is the interest rate banks charge each other for overnight loans. The Fed sets this rate to influence economic activity. When inflation rises or the economy grows too fast, the Fed raises the rate to make […]
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