The #1 Reason It is Difficult to Buy Your Dream Home

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The #1 Reason It is Difficult to Buy Your Dream Home

The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there is a shortage of homes available for sale in the lower price points. Boomers are staying in their current homes longer because there is a shortage of homes available for sale to which they would move. In certain markets, affordability is becoming more challenging because there is a shortage of homes available for sale.

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Is Mortgage Debt Out of Control?

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Is Mortgage Debt Out of Control?

The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. Unlike 2008, homeowners have a comfortable level of mortgage debt and are sitting on massive amounts of home equity.

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3 Things to Know in the Housing Market Today!

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3 Things to Know in the Housing Market Today!

A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown.

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What You Need to Know About Private Mortgage Insurance (PMI)

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What You Need to Know About Private Mortgage Insurance (PMI)

Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI).

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3 Questions You Need to Ask Before Buying a Home

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3 Questions You Need to Ask Before Buying a Home

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following three questions to help determine if now is a good time for you to buy in today’s market.

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How to Get a Better Perspective on Affordability

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How to Get a Better Perspective on Affordability

Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. But here’s what you really need to understand about affordability in today’s housing market.

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