Should I Buy Now? Or Wait Until Next Year?
Some Highlights:
The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 5.2% by the third ...
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Posted by Agent Connect on September 27, 2018 in For Buyers
Are Home Prices Softening or Are They Falling?
We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these ...
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Posted by Agent Connect on September 26, 2018 in For Buyers
The Cost of NOT Paying PMI
Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live.
There is a common misconception among homebuyers that a 20% down payment is required, ...
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Posted by Agent Connect on September 25, 2018 in For Buyers
How Much Has Your Home Increased in Value?
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year.
CoreLogic broke ...
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Posted by Agent Connect on September 21, 2018 in For Sellers
25% of Homes with a Mortgage are Now Equity Rich!
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising ...
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Posted by Agent Connect on September 18, 2018 in For Sellers
Home Prices: The Difference 5 Years Makes in Las Vegas
CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July ...
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Posted by Agent Connect on September 17, 2018 in For Buyers
If You Are Thinking of Selling? You Must Act NOW!
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we ...
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Posted by Agent Connect on September 16, 2018 in For Sellers
Is Buying a Home Really More Stressful Than Planning a Wedding?
Some Highlights:
According to a new survey from Open Listings, 62% of Americans ages 25-54 believe that buying a home is more stressful than planning a wedding.
Many young couples are saving for a wedding and a home at the same time.
The ...
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Posted by Agent Connect on September 13, 2018 in For Buyers
4 Reasons Why Fall Is A Great Time to Buy A Home!
Here are four great reasons to consider buying a home today instead of waiting.
1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 ...
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Posted by Agent Connect on September 7, 2018 in For Buyers
What Does the Future Hold for Home Prices?
Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash?
Let’s try to answer ...
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Posted by Agent Connect on September 5, 2018 in For Buyers
Homeownership is a Dominant Gene
There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents.
Children are More Likely to Own a Home if Their ...
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Posted by Agent Connect on September 4, 2018 in For Buyers
Rents Are on The Rise: Don’t Get Caught in The Rental Trap! Las Vegas
There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage.
Don’t Become Trapped
A ...
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Posted by Agent Connect on September 3, 2018 in For Buyers