Category: Real Estate
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Vacation Home
Should you Buy a Vacation Home Before a Starter Home? At the height of the pandemic, a millennial packed up his family of four in Brooklyn and sought refuge in upstate New York. Buying property was no small investment. Cities were largely shut down. Rural prices seemed attractive. Housing in Brooklyn was out of sight.…
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Home Pricing
Future of Home Price Appreciation and What It Means to YOU Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is…
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Tax Rules
3 Tax Rules you need to Know if you Purchased a House Last Year! Buying a house is a big investment Buying a house can come with lots of hidden expenses. Maybe repairs you didn’t expect, higher utility costs and homeowner or neighborhood association fees. You can save some money on your taxes by taking…
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House Structure
How to tell if a house has “Good Bones” What the term means and how to know if a home has them. Not so recently built homes are often described as having “good bones.” This means a strong structure and high level of quality and craftsmanship. Of course, you can’t see beneath the paint and…
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Curb Appeal
Curb appeal is critical Flowers and shrubs are great, butt the accessories you buy for the yard tell a story. They create a vision that prospective buyers fall in love with. Buyers will imagine themselves entertaining friends on summer nights underneath the the bistro lights, or curled up with a drink and a blanket around…
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Prices & Rates
Housing prices and interest rates aren’t going back down! Mortgage rates surged to the highest level in two years, leaving homebuyers on high alert as further increases loom. Things aren’t going back down. Now is the time to buy! 30 year fixed mortgage The rate on the 30 year fixed mortgage – the most common…
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Closing Facts
5 Closing Facts for Home Purchases What is closing? Closing is the legal transfer of property ownership, also called settlement. Who attends closing? In most states, closings are in person, although remote closings are becoming more common. The participants may include you and your agent, the seller and their agent, and each party’s attorney. Where…
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Investors
In a tough home-sales market, investors are winning Rising prices and shrinking inventory have made it difficult to bid successfully on a home. This is frustrating for home buyers. Why? During the third quarter of 2021, investors bought more than 18 percent of the homes sold in the United States. That equates to 90,000 homes…
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Sellers Have Leverage
Sellers Have Incredible Leverage in Today’s Market With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next…