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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 […]

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