Millennials

Dec. 6, 2019

10 Tips to Make Your Next Offer the Winning Bid

10 Tips to Make Your Next Offer the Winning Bid

 

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Ah, the offer!

Cinematically speaking, this is the iconic moment — we’d forgive you if you imagined, say, putting a hand on your agent’s shoulder and whispering (in your best ...

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Dec. 2, 2019

The True Cost of Not Owning Your Home

The True Cost of Not Owning Your Home

There are great advantages to owning a home, yet many people continue to rent. The financial benefits are just some of the reasons why homeownership has been a part of the long-standing American dream.

Realtor.com reported that:

“Buying remains the more attractive option in the long term – that ...

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Nov. 27, 2019

How Long Can This Economic Recovery Last?

How Long Can This Economic Recovery Last?

The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows.

Home price appreciation is beginning to reaccelerate. This begs the question: How long can this economic recovery last?

The Wall Street Journal (WSJ) Survey ...

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Nov. 22, 2019

Two Myths Holding You Back From Owning a Home

Two Myths Holding You Back From Owning a Home

In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals,

“Saving for a down payment is one of the biggest ...

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Nov. 20, 2019

This is Not 2008 All Over Again: The Mortgage Lending Factor

The Mortgage Lending Factor

Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money.

Recent articles about the availability of low down-payment loans and down payment assistance programs are ...

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Nov. 18, 2019

Buyer Demand Growing in Every Region

Buyer Demand Growing in Every Region

Buyers are out in full force this fall, increasing the demand for home buying in all four regions of the country.

According to the latest ShowingTime Showing Index,

“Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began ...

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Nov. 15, 2019

Forget the Price of the Home. The Cost is What Matters

Forget the Price of the Home. The Cost is What Matters

Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward.

As an example, CoreLogic increased their 12-month projection for home values from 4.5 ...

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Nov. 13, 2019

Planning on Buying a Home? Be Sure You Know Your Options

Planning on Buying a Home? Be Sure You Know Your Options

When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build.

With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently ...

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Nov. 11, 2019

75 Years of VA Home Loan Benefits

75 Years of VA Home Loan Benefits

Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice.

This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law ...

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Nov. 6, 2019

How to Determine If You Can Afford to Buy a Home

How to Determine If You Can Afford to Buy a Home

The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today.

It is true that home prices and wages are two key elements in any affordability equation. There is, however, an ...

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