Archive for the ‘Blog’ Category

Tips for Making Your Best Offer on a Home

July 26, 2023

Tips for Making Your Best Offer on a Home

While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mirror, but you may still come up against […]

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Saving for a Down Payment? Here’s What You Need To Know.

June 19, 2023

Saving for a Down Payment? Here’s What You Need To Know.

If you’re planning to buy your first home, then you’re probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for that, it may […]

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Powerful Job Market Fuels Homebuyer Demand

May 18, 2023

Powerful Job Market Fuels Homebuyer Demand

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, makes […]

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Buyer Activity Is Up Despite Higher Mortgage Rates

May 3, 2023

Buyer Activity Is Up Despite Higher Mortgage Rates

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much […]

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Why Buying a Home Makes More Sense Than Renting Today

May 1, 2023

Why Buying a Home Makes More Sense Than Renting Today

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report from Realtor.com shows rents continue to grow […]

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Falling out of Love with Your House? It May Be Time To Move.

April 19, 2023

Falling out of Love with Your House? It May Be Time To Move.

Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move. According to the latest Home Buyers and Sellers Generational Trends […]

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5 Reasons Millennials Are Buying Homes

April 18, 2023

5 Reasons Millennials Are Buying Homes

In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons you may choose to become a homeowner. Here’s why other millennials […]

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Think Twice Before Waiting for Lower Home Prices

April 17, 2023

Think Twice Before Waiting for Lower Home Prices

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. […]

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FHA Lowers Mortgage Insurance Premiums Bringing Financial Relief to Many Homebuyers

February 23, 2023

FHA Lowers Mortgage Insurance Premiums Bringing Financial Relief to Many Homebuyers

The Department of Housing and Urban Development (HUD) announced a 30-basis point reduction to annual mortgage insurance premiums charged to home buyers who get an FHA-insured mortgage. The average FHA borrower purchasing a single-family home with a $265,000 mortgage will save approximately $800 in 2023 as a result of the reduction. For a borrower with […]

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Mortgages: Volatility will ease and interest rates are predicted to stabilize

January 30, 2023

Mortgages: Volatility will ease and interest rates are predicted to stabilize

Originally published in the Jacksonville Daily Record on January 30, 2023 Today’s housing market appears to be normalizing, following the early pandemic unprecedented low interest rates to last year when rates doubled in record time. Here’s a look at what you can expect from the housing market this year: Refinancing Many homeowners took advantage of […]

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