• How Will Higher Interest Rates Affect You?

    Recently, an article published by the Washington Post noted a new “threat” that homebuyers will soon face is higher mortgage rates. As revealed in the article: The Mortgage Bankers Association expects that rates on 30-year loans could reach 4.8 percent by the end of next year, topping 5 percent in 2017. Rates haven’t been that […]

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  • Why Home Equity Matters

    Homeownership remains an important part of the American Dream with many financial and non-financial reasons to consider. Most importantly, owning a home helps build family wealth. In a recent article, Freddie Mac wrote about the power of home equity: In the simplest terms, equity is the difference between how much your home is worth and […]

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  • Home Sales Are Up 3.9%

    In the latest existing home sales report published by the National Association of REALTORS®, home sales are up 3.9% over last year. Prices are also up 5.8% over last year and 14,684 homes sell everyday in the US. Main Point If you’re thinking of buying or selling, now is a great time to consider making a […]

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  • Where Will Home Prices Be Next Year?

    Some interesting facts: 25 states are forecasted to achieve higher levels of appreciation in the next 12 months than already achieved in the last year. 25 states and the District of Columbia are forecasted to experience a slow in appreciation. All 50 states & D.C. are forecasted to achieve some level of positive price appreciation.

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  • There is No Housing Bubble

    There is no doubt that home prices in the vast majority of housing markets across the country are continuing to increase on a month over month basis. The following map (based on data from the latest CoreLogic pricing report) reveals the appreciation level by state: These increases in value have caused some to be concerned […]

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