Posts in Rental Rates
Keys to Success for First Time Home Buyers

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better.

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Reasons To Own Your Home

Some Highlights

  • June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.

  • Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having a secure and stable financial future.

  • Are you ready to enjoy all the amazing advantages that come with owning a home? Let’s get in touch to start the process today.

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How Changing Mortgage Rates Can Affect You.

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power.

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Should You Rent Your House or Sell It?

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years.Owning a short-term rental can be a tempting idea, but you may find the reality of being responsible for one difficult to take on. Here are some of the challenges you could face if you rent out your house instead of selling it.

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Where Will You Go If You Sell Your Home?

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

In today’s market, it makes sense to explore all your options. That includes both homes that have been lived in before as well as newly built ones. To help you decide which is right for you, let’s compare the benefits of each.

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Avoid the Rental Trap in 2023

If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward.

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What Buyers Need to Know Abount the Housing Inventory

If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market.

If this sounds like you, here’s one key factor that could help you with your decision: there are more homes for sale today than there were at this time last year.

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Two Questions Every Homebuyer Should Ask Themselves Right Now

If you’re thinking about buying a home, asking yourself about home prices and mortgage rates will help you make a powerful and confident decision. Experts see both prices and rates rising in the future. The alternative is to rent, but rents are also increasing. That may mean buying a home makes more sense than renting.

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Buying a Home May Make More Sense than Renting

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. That means rising prices will likely impact your housing plans either way. But there are a few key differences that could make buying a home a more worthwhile option for you

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What's Causing Ongoing Home Price Appreciation?

Based on today’s factors driving supply and demand, experts project home price appreciation will continue. It’ll just happen at a more moderate pace as the housing market continues its shift back toward pre-pandemic levels.

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Is the Housing Market Correcting Itself?

If recent headlines are generating any concerns, look at a more typical year for perspective. The current market is not a crash or correction. It’s just a turning point toward more typical, pre-pandemic levels.

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Where are Mortgage Rates Headed?

While no one knows exactly where rates are headed, experts do think they’ll continue to rise in the months ahead. In the meantime, if you’re looking to buy a home, know that rising rates do have an impact. As rates rise, it’ll cost you more when you purchase a house. If you’re ready to buy, it may make sense to do so sooner rather than later.

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A Key to Building Wealth is Homeownership

The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth.

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What You Can Expect from the Spring Housing Market

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — the housing market seems to be relatively immune.

Here’s a look at what experts say you can expect this spring.

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Owning Is More Affordable Than Rent

While it’s true home prices and mortgage rates are rising, so are monthly rents. If you’re weighing your options between renting and buying, it’s important to look at the full picture

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Have You Ever Seen a Housing Market Like This?

Some Highlights

  • Whether you’re buying or selling – today’s housing market has plenty of good news to go around.

  • Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale.

  • If this sounds like good news to you, let’s connect today so you can capitalize on the unique opportunity you have in today’s market.

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If Housing Affordability is About The Money, Don't Forget This....

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t the case.

If you’re on the fence about whether to buy or rent right now, let’s connect so we can determine if the equity increase in our local market should impact your decision.

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