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Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because th...

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How Inflation Affects the Housing Market

August 31, 2023 For BuyersFor SellersInterest RatesHousing Market Updates Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both ...

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Buyer Traffic Is Still Stronger than the Norm

August 30, 2023 For SellersHousing Market UpdatesDemographicsSelling Myths Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the late...

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Gen Z: The Next Generation Is Making Moves in the Housing Market

August 28, 2023 For BuyersFirst Time Home BuyersDemographicsBuying Myths Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. Accor...

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Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your ...

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More Jobs and Better Pay Leads to More Buyer Demand

August 24, 2023 For SellersHousing Market UpdatesSelling Myths There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed...

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Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

August 22, 2023 For BuyersInterest RatesBuying Myths If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonex...

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Why Median Home Sales Price Is Confusing Right Now

August 21, 2023 For BuyersFor SellersPricingHousing Market UpdatesBuying MythsSelling Myths The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This m...

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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Some Highlights With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely. Fewer people are seriously behind on mortgage payme...

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People Want Less Expensive Homes – And Builders Are Responding

August 17, 2023 For BuyersPricingInterest RatesHousing Market Updates In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the pa...

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