How Do Interest Rates Affect the Housing Market?

Interest rates and the housing market

Most prospective home buyers work with a mortgage lender to finance a home purchase. In fact, according to a U.S. Census statistic in 2020, 64.8% of current homeowners used a mortgage loan to buy their homes. The mortgage interest rate plays a vital role in most home purchases, often the most significant single investment individuals…

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Staging Tips: Sell Your Home Faster and For a Higher Price

Home Staging Tips

Staging a home will help it sell faster and for a higher price. However, home staging is more than just cleaning, straightening, and rearranging the furniture. Home staging is a way to showcase your home’s best assets to make it appealing to the broadest range of potential buyers. Think of staging as dressing your home…

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Homeowners Have the Selling Power

Selling power is with the homeowner

According to the real estate brokerage firm Redfin, the average homeowner stays in their home longer than they used to. In 2010 a typical homeowner stayed eight years in a home. In 2019, the average was 13 years. Longer homeownership helps drive increased homeowner equity. It is one of the bright spots of the 2020 real estate…

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Is Working from Home Changing Homebuyer Needs?

Is Working from Home Changing Homebuyer Needs?

Working remotely has changed how Americans spend their time at home. The home office has taken on new meaning, and homeowners are no longer looking for a house with a room like the kitchen or den that can double as a home office. Spending extra time at home and the desire for more space, both…

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Top Five Reasons To Hire A Property Management Company

keep calm sign

Overlooked Advantages of Hiring a Property Manager Hiring a property manager may seem like an added expense at first, but when considering the benefits that come along with having a property manager, it’s actually hardly an expense at all. Property managers are available to make your life more convenient and handle the tedious parts that…

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Maximizing Your Credit

Now more than ever, there is a lot of confusion about being qualified for a home mortgage – and a lot of misinformation as well. It’s common to hear people say, “I heard banks aren’t lending money right now,” or, “I heard you need to have 20 percent down to get a mortgage these days.” While mortgage underwriters…

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