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Why It Makes Sense To Move Before Spring

Why It Makes Sense To Move Before Spring

Why It Makes Sense To Move Before Spring Simplifying The MarketSpring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up.
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Why You Shouldn’t Fear Today’s Foreclosure Headlines

Why You Shouldn’t Fear Today’s Foreclosure Headlines

Why You Shouldn’t Fear Today’s Foreclosure Headlines Simplifying The MarketIf you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today. Here’s a deeper look.
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What’s Really Happening with Home Prices? [INFOGRAPHIC]

What’s Really Happening with Home Prices? [INFOGRAPHIC]

What’s Really Happening with Home Prices? [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
  • While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
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What Past Recessions Tell Us About the Housing Market

What Past Recessions Tell Us About the Housing Market

What Past Recessions Tell Us About the Housing Market Simplifying The MarketIt doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at Bankrate, says:
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Is It Time To Sell Your Second Home?

Is It Time To Sell Your Second Home?

Is It Time To Sell Your Second Home? Simplifying The MarketDuring the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious.
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Today’s Housing Market Is Nothing Like 15 Years Ago

Today’s Housing Market Is Nothing Like 15 Years Ago

Today’s Housing Market Is Nothing Like 15 Years Ago Simplifying The MarketThere’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences.
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Tips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC]

Tips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC]

Tips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC] Simplifying The MarketTips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • If you’re planning to buy a home in 2023, here are a few things to focus on.
  • Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and prioritize them.
  • Reach out to a real estate professional so you have expert advice on how to reach your homebuying goals this year.
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Avoid the Rental Trap in 2023

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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Wondering How Much You Need To Save for a Down Payment?

Wondering How Much You Need To Save for a Down Payment?

Wondering How Much You Need To Save for a Down Payment? | Simplifying The MarketIf you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make the process harder than it could be. Understand 20% Isn’t […]
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What Are Your Goals in the Housing Market This Year?

What Are Your Goals in the Housing Market This Year?

What Are Your Goals in the Housing Market This Year? | Simplifying The MarketIf buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, high inflation had a big impact on the economy, the […]
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Confused About What’s Going on in the Housing Market? Lean on a Professional.

Confused About What’s Going on in the Housing Market? Lean on a Professional.

Confused About What’s Going on in the Housing Market? Lean on a Professional. | Simplifying The MarketIf you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with […]
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Financial Fundamentals for First-Time Homebuyers

Financial Fundamentals for First-Time Homebuyers

Financial Fundamentals for First-Time Homebuyers | Simplifying The MarketAre you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy a home. Build Your Credit Your credit […]
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What Makes a House a Home?

What Makes a House a Home?

What Makes a House a Home? | Simplifying The MarketThere’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home means something different to all of us. Whether it’s sharing memories […]
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What To Expect From the Housing Market in 2023

What To Expect From the Housing Market in 2023

What To Expect from the Housing Market in 2023 | Simplifying The MarketThe 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before […]
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