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Monthly Archives: October 2017

    Don’t Let Fear Stop You from Applying for a Mortgage

    By SRRealEstateGroup | October 31, 2017

    A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll... Read More

    Moving-Up to a Luxury Home? Now’s the Time!

    By SRRealEstateGroup | October 18, 2017

    If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control. The inventory of homes for sale in the luxury... Read More

    Should I Buy a Home Now? Or Wait Until Next Year?

    By SRRealEstateGroup | October 10, 2017

    Some Highlights: • The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. • Freddie Mac predicts interest rates to rise to 4.4% by next year. • CoreLogic predicts home prices to appreciate... Read More

    A Tale of Two Markets: A 6-Month Update

    By SRRealEstateGroup | October 4, 2017

    Six months ago, it was reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market.... Read More

    Which Homes Have Increased in Value the Most?

    By SRRealEstateGroup | October 2, 2017

    Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke appreciation... Read More

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