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Showing posts from December, 2021

When You Sell Your House

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If you’re trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of today’s strong sellers’ market when you make a move. Win When You Sell Right now, conditions are very favorable for current homeowners looking for a change. If you sell now, here’s what you can expect: Your House Will Stand Out – While recent data shows there are more sellers getting ready to list their homes this winter, there are still more buyers in the market than there are homes for sale. If you sell your house now before more houses are listed, it will get more attention from serious buyers who are eager to find a home. Your House Will Likely Get Multiple Offers – When supply is low and demand is high, buyers have to compete with each other for a limited number of homes. The latest Realtors Confidence Index from the National Association of Realtors (NAR) shows sellers are getting an average of 3.6 offers in today’s market. Your...
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There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly changed our needs and who we are, and as a result, homeownership has a whole new meaning for many of us. According to the 2021 State of the American Homeowner report by Unison: “Last year, staying home became a necessity and that caused many homeowners to have renewed gratitude for the roof over their head.” As a nation, we continue to work through the challenges of a pandemic that’s pushed us all to new limits. Over the past year and a half, we’ve spent more time than ever at home: working, eating, schooling, exercising, and more. The world around us changed almost overnight, and our homes were redefined. Our needs shifted, and our shelters became a place that protected us on a whole new level. The same study from Unison n...

Meet the Future Homebuyer

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It’s almost 2022 and we are in some of the most interesting times. In just a little over a decade we have had two major recessions, a pandemic virus, seen historic low interest rates, and a historic home purchase boom. Amidst these highs and lows the Federal Reserve, the CDC, and other Federal Agencies of the government have been in our lives to either combat disease or bolster the economy. As we look into 2022, there are dynamics that will shape the housing and mortgage markets for decades to come. Major demographic shifts coming Harvard University has a research think tank called the Joint Center for Housing Studies. It’s a highly regarded academic center that does nothing but look at housing from a variety of angles. Each summer they publish the State of the Nation’s Housing, a publication awaited for and studied by policy makers who work on housing issues. Several years ago they dedicated their publication to focusing on demographic changes in household formation. Household formati...