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Monthly Archives: September 2016

US Housing Market Moving Further into ‘Buy Territory’

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According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is …

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Foreclosure Rate Drops to Pre-Crisis Levels [INFOGRAPHIC]

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Some Highlights: Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015. This is the 57th consecutive month with a year-over-year decline. The national foreclosure rate has returned to August 2007 levels, at only 0.9%.

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5 Stats That Prove the Real Estate Market Is Getting Stronger

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Whenever there is talk about an improving housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to the one we saw last decade. Here are five data points that show the housing market will continue to recover, and that …

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Ready to Make an Offer? 4 Tips for Success

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So you’ve been searching for that perfect house to call a ‘home’ and you finally found one! The price is right, and in such a competitive market you want to make sure you make a good offer so that you can guarantee your dream of making this house yours comes true! Freddie Mac covered …

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Don’t Underestimate the Importance of Using an Agent When Selling Your Home

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When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold. In order to accomplish all three goals, a seller should realize the importance of using …

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50% of Houses Sold in 36 Days or Less in July [INFOGRAPHIC]

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Some Highlights: The National Association of REALTORS® surveyed their members for their Confidence Index The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in …

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The Cost of NOT Owning Your Home

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Owning a home has great financial benefits. Because of this, more and more experts are growing concerned about the ramifications of a falling homeownership rate. Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. …

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Don’t Forget the “317” – You Must Dial 10 Digits to Make a Call

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Beginning on Oct. 15, 2016, consumers in the 317 area code will be required to dial 10 digits for all local phone calls. After this date, if consumers dial just 7 numbers, the call will not be completed and a recording will instruct them to hang up and dial again.

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Mortgage Standards Easing TOO MUCH? NO!!

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There is no doubt that getting a mortgage is easier today than it was right after the housing crash a decade ago. However, the easing of credit availability has led to some questioning of whether or not we are headed for another housing crisis. Let’s put everything into the proper perspective. Mortgage Credit Availability …

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Why Getting Pre-Approved Should Be Your First Step

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In many markets across the country, the amount of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or …

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