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Homes More Affordable Today than 1985-2000

[ad_1] Rising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home. However, it is not just the price of a home that determines its affordability.…
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Next Recession in 2020? What Will Be the Impact?

[ad_1] Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent report by Zillow Research shed light on a survey conducted by Pulsenomics…
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What’s the Median Home Value in Your State?

[ad_1] If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where they’re located. In…
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Homes are More Affordable in 44 out of 50 States

[ad_1] With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the…
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Did Tax Reform Kill the Luxury Market? NOT SO FAR!

[ad_1] The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that…
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Will Home Prices Fall as Mortgage Rates Rise?

[ad_1] Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing…
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Moving Up to Your Dream Home? Don’t Wait!

[ad_1] Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values…
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What If I Wait Until Next Year to Buy a Home?

[ad_1] We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will…
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4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again

[ad_1] With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve…
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This Just In: Data Says May is the Best Month to Sell Your Home

[ad_1] According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. For the study, ATTOM performed an “analysis of 14.7 million…
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Why Home Prices Are Increasing

[ad_1] There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that…
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“Short of a war or stock market crash…”

[ad_1] This month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: A 5% increase in home…