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Real Estate

How Much Leverage Do Today’s House Sellers Have?

February 24, 2021 by Jeffrey B Thompson

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time ... » Learn More about How Much Leverage Do Today’s House Sellers Have?

Filed Under: For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Pricing, Real Estate, Selling Myths Tagged With: Real Estate, Simplifying The Market

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

February 23, 2021 by Jeffrey B Thompson

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. ... » Learn More about The Reason Mortgage Rates Are Projected to Increase and What It Means for You

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

Where Have All the Houses Gone?

February 22, 2021 by Jeffrey B Thompson

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage ... » Learn More about Where Have All the Houses Gone?

Filed Under: For Buyers, For Sellers, Housing Market Updates, Pricing, Real Estate, Selling Myths Tagged With: Real Estate, Simplifying The Market

Home Mortgage Rates by Decade [INFOGRAPHIC]

February 19, 2021 by Jeffrey B Thompson

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not ... » Learn More about Home Mortgage Rates by Decade [INFOGRAPHIC]

Filed Under: First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

Will Low Mortgage Rates Continue through 2021?

February 18, 2021 by Jeffrey B Thompson

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a ... » Learn More about Will Low Mortgage Rates Continue through 2021?

Filed Under: First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

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Jeffrey B Thompson
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