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What Experts Project for Home Prices Over the Next 5 Years
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What Experts Project for Home Prices Over the Next 5 Years

According to the experts, home prices are expected to grow over the next five years at a more normal pace. If you’re ready to become a homeowner, know that buying today can set you up for long-term success as home values (and your own net worth) grow. Let’s connect to start the homebuying process today.

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Home Price Forecasts Revised for 2023 [INFOGRAPHIC]
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Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.

While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.

Let’s connect so you know what’s happening with home values in our local area.

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Mortgage Rates: Past, Present, and Possible Future
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Mortgage Rates: Past, Present, and Possible Future

To understand where mortgage rates may be going, it’s helpful to look at where they’ve been in the past. There’s a clear connection between inflation and mortgage rates, and if that historical relationship holds true, the recent decline in inflation may mean good news for the future of mortgage rates and your homeownership goals.

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Expert Home Price Forecasts Revised Up for 2023
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Expert Home Price Forecasts Revised Up for 2023

The headlines have an impact, even if they’re not true. While the media said home prices would fall significantly in their coverage at the end of last year, that didn’t happen. Let’s connect so you have a trusted resource to help you separate fact from fiction with reliable data.

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Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
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Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.

Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.

Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).

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Buyer Traffic Is Still Stronger than the Norm
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Buyer Traffic Is Still Stronger than the Norm

Don’t put off your plans because you’re worried no one will buy your home. The opposite is true, and more buyers are more active than the norm. Let’s connect to get your house ready to sell, so it makes the best first impression possible on those eager buyers.

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Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
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Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

There are only about half the number of homes for sale compared to the last normal years in the market.

That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight.

If you're thinking of selling, let’s connect so your house can stand out while there’s such a shortage of supply and buyers are craving more options.

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More Jobs and Better Pay Leads to More Buyer Demand
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More Jobs and Better Pay Leads to More Buyer Demand

With more jobs and rising wages creating eager buyers, there’s a lot going in your favor. Let’s connect so you have someone who can guide you through the process of selling your house, from setting the right price to getting your home ready to show.

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Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
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Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

If you’re worried today’s adjustable-rate mortgages are like the ones from the housing crash, rest assured, things are different this time.

And, if you’re a first-time homebuyer and you’d like to learn more about lending options that could help you overcome today’s affordability challenges, reach out to a trusted lender.

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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.

Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.

Since most are paying on time, a wave isn’t coming. If you're concerned about a flood of foreclosures, the data shows that's not likely.

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People Want Less Expensive Homes – And Builders Are Responding
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People Want Less Expensive Homes – And Builders Are Responding

If you’re having a hard time finding a home you like in your budget, let’s connect. You need a real estate professional who knows all about the latest inventory in our area, including homes still under construction or just built. That way you have an expert on your side who can provide information on builder reputations, builder contracts and negotiations, and more to help you with the homebuying process.

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Don’t Expect a Flood of Foreclosures
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Don’t Expect a Flood of Foreclosures

If you’re worried about a potential flood of foreclosures, know there’s nothing in the data today to suggest that’ll happen. In fact, qualified buyers are making their mortgage payments at a very high rate.

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Where Are People Moving Today and Why?
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Where Are People Moving Today and Why?

Lots of people are still moving today. If you want help navigating today’s inventory or affordability challenges, and expert advice to help you find your ideal home, let's connect.

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