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Tag: First-time homebuyer (70 Articles)

July 16, 2024 | 4 minute read

Navigating a Low Inventory Housing Market

Even in an ideal market, finding the right home and getting an offer accepted can be a challenge for homebuyers. When inventory is low, it becomes even more crucial to have the right professionals by your side to ensure you have an effective strategy and understand how to compete in ... More

July 1, 2024 | 3 minute read

National Association of Realtors (NAR) Settlement: Key Takeaways

The recent National Association of Realtors (NAR) Settlement introduces significant changes to broker compensation practices in the real estate industry. The settlement requires greater transparency in broker commissions and aims to create a more competitive and fairer real estate market by eliminating practices that could potentially mislead homebuyers. The changes ... More

June 5, 2024 | 3 minute read

Pre-Pandemic Home Prices: What This Means for Buyers

In mid-2020, home price growth reached historic levels, with the year-over-year (YoY) index demonstrating a huge increase in property values. For much of the pandemic, mortgage rates were also at near-historic lows, which helped to offset some of the impacts of rapid home price growth. More

May 22, 2024 | 4 minute read

The Importance of Mortgage Pre-Approval in Today’s Market

During the home-buying process, you should find a property you like and then get a mortgage pre-approval, right? Not exactly. While both of those are important steps in your journey, getting pre-approved needs to be at the top ... More

April 5, 2024 | 3 minute read

Spring Is in the Air: Is the Housing Market Thawing?

Historically, the housing market typically slows to a crawl during the winter months — and this year’s winter season was especially slow. However, the spring home buying season is officially underway, and many are excited that this may mark a major rebound for the real estate industry ... More

March 15, 2024 | 4 minute read

If Mortgage Rates Are Dropping: Should Homebuyers Shop Now or Wait?

You may have heard that mortgage rates are dropping and thought, “This is the perfect time to start shopping for a home.” The question is, should you jump into action now or wait until spring is in full swing before resuming your search for a new house? More

March 8, 2024 | 4 minute read

A Boost in Homebuilder Sentiment as Mortgage Rates Trend Down

The housing market has been turbulent over the last few years, to say the least. Homebuilders were finally ramping up construction to keep up with surging demand. Then, mortgage rates shot into the stratosphere. As a result, many homebuilders pumped the brakes, which made the shortage worse. More

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