realtors Archives - Page 2 of 6 - Real Estate Exchange

People Want Less Expensive Homes – And Builders Are Responding

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total […]

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Pricing Your House Right Still Matters Today

Blog / Real Estate Exchange

While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of Realtors (NAR) shows 76% of homes sold within a month and the average saw 3.5 offers in

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Renting or Selling Your Home: What’s the Best Option?

Blog / Real Estate Exchange

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. While a short-term rental can be a

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Keys to Success for First-Time Homebuyers

Blog / Real Estate Exchange

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors that have made it more challenging in recent years: “Since

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Powerful Job Market Fuels Homebuyer Demand

Blog, Uncategorized / Real Estate Exchange

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, makes

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Why Buying a Home Makes More Sense Than Renting Today

Blog / JoAnne Hamberg

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report from Realtor.com shows rents continue to

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4 Agent Tips for Making A Strong Offer on a Home

Blog / Real Estate Exchange

Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer. 1. Lean on a Real Estate Professional Rely on an

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Closing Costs: What You Need to Know

Blog / JoAnne Hamberg

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are

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Pre-Approval in 2023: Everything You Need to Know

Blog / JoAnne Hamberg

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to

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What Buyers Need To Know About the Number of Homes Available for Sale

Blog / Real Estate Exchange

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

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realtors

People Want Less Expensive Homes – And Builders Are Responding

Pricing Your House Right Still Matters Today

Renting or Selling Your Home: What’s the Best Option?

Keys to Success for First-Time Homebuyers

Powerful Job Market Fuels Homebuyer Demand

Why Buying a Home Makes More Sense Than Renting Today

4 Agent Tips for Making A Strong Offer on a Home

Closing Costs: What You Need to Know

Pre-Approval in 2023: Everything You Need to Know

What Buyers Need To Know About the Number of Homes Available for Sale

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