A Matter of Supply & Demand

House Prices: Simply a Matter of Supply & Demand Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the amount …

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99% of Experts Agree: Home Prices Will Increase

99% of Experts Agree: Home Prices Will Increase Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyedhousing experts believe that home values will continue to rise this year. What is the Home …

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Can you still deduct your home-equity loan interest?

Interest on home equity loans is still deductible, but with a big caveat  Many feared that the new tax law — the Tax Cuts and Jobs Act of 2017, enacted in December — was a death knell for deducting interest from home equity loans and lines of credit. These loans are based on the equity in your home …

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How to Save Mortgage Interest $$$

If you want to pay off your mortgage early, here are 4 ways to do it     If you can afford it, it might be simple to pay off your mortgage earlier. But should you? That’s a complicated question. Homeowners with low mortgage rates may be better off putting extra money in a Roth IRA or …

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2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers In Realtor.com’s recent article, “Home Buyers’ Top Mortgage Fears: Which One Scares You?” they mention that “46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try.” Myth #1:  “I Need a 20% Down Payment” Buyers overestimate the down payment funds needed to …

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8 Earnest-Money Deposit Mistakes Home Buyers Live to Regret

Once a buyer settles on a home, they often show their commitment with an earnest-money deposit. But if they’re not careful, they could lose thousands of dollars. When home buyers find a home they love, they declare their commitment to the seller with a sizable chunk of change known as an earnest-money deposit. Yes, it sounds …

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The 4 Things Buyers Really Want in Kitchen Cabinetry

The 4 Things Buyers Really Want in Kitchen Cabinetry A great kitchen design can dramatically increase your property value – if you want to attract prospective buyers, your kitchen is the perfect place to invest money. The trick is to get it to appeal to the majority of people by spending your money on what …

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9 Smart Tips for Staging Your Home to Sell

1. Strip the windows Light and bright is what sells. They might be beautiful, but they’ll darken and date the room. You can leave the sheers, but take down the drapes. Pull the blinds all the way up. If blinds are left in the down but open position, that can reduce light by 50% over the …

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What time of day to visit the home you want to buy

Visit a home you like at these times…       A neighborhood during midday can look and sound drastically different in the evening. Home buyers should spend more time scouting out the house they’re interested in at various hours of the day and night to determine if the home truly is a good fit. The …

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