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How Supply & Demand Impacts the Real Estate Market [INFOGRAPHIC]

[ad_1] Some Highlights:The Concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high!Anything under a 6-month supply is a Seller’s Market!There has…
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‘Old Millennials’ Are Diving Head-First into Homeownership [INFOGRAPHIC]

[ad_1] Some Highlights:‘Old Millennials’ are defined as 25-36 year olds according to the US Census Bureau.According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old.More…
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What States Give You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]

[ad_1] Some Highlights:Thinking of moving across the country? How far will your money take you?The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and Western states.The ‘Biggest Bang for your…
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Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC]

[ad_1] Some Highlights:Interest rates have come a long way in the last 30 years.The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.Interest…
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Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC]

[ad_1] Some Highlights:Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million.Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down…
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Slaying Myths About Home Buying [INFOGRAPHIC]

[ad_1] Some Highlights:Interest Rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!Credit score requirements to be approved for a mortgage continue to fall. [ad_2] Source link
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Should I Wait Until Next Year? Or Buy Now? [INFOGRAPHIC]

[ad_1] 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 4.6% by next…
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Saving To Buy A Home? What Would You Sacrifice? [INFOGRAPHIC]

[ad_1] Some Highlights:95% of first-time homebuyers are willing to sacrifice to make homeownership a reality.The top thing that buyers sacrifice are new clothes at 54%.Even repeat or experienced buyers say they sacrificed taking a vacation…
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Sales at Highest Pace in 9 Years! [INFOGRAPHIC]

[ad_1] Some Highlights:Sales of existing homes reached the highest annual pace in over 9 years at 5.29 million.Inventory remains below the 6-month norm and prices are still on the rise.Interest rates are at a historic low of 3.48%. [ad_2] Source…
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Thinking You Should FSBO? Think Again [INFOGRAPHIC]

[ad_1] Some Highlights: According to NAR's Profile of Home Buyers & Sellers:88% of buyers look for their new home online.Using a real estate agent can net you $39,000 more than FSBO'ing.There is a long list of people that you will have…
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Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC]

[ad_1] Some Highlights:According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007.April marked the 54th consecutive month of year-over-year…
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Home Prices Up 5.67% Across The Country! [INFOGRAPHIC]

[ad_1] Some Highlights:Across the country, home prices are up by 5.67%.Each state is appreciating at a different rate, however, which is important to realize if you plan on relocating to a different state.Regionally, prices have appreciated…