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Real Estate Updates

Housing Will Not Fall Victim to Next Economic Storm

Housing Will Not Fall Victim to Next Economic Storm | Keeping Current MattersSome experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact will a recession have on the housing market?

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Demand for Homes to Buy Continues to Climb

Demand for Homes to Buy Continues to Climb | Keeping Current MattersAcross the United States, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! First-time homebuyers are out in force and are being met with a highly competitive summer real estate market.

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4 REAL Reasons Why We Buy A Home!

4 REAL Reasons Why We Buy A Home! | Keeping Current MattersWe often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones.

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First-Time Home Buyers Continue to Put Down Less Than 6%!

First-Time Home Buyers Continue to Put Down Less Than 6%! | Keeping Current MattersAccording to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017.

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House-Buying Power at Near-Historic Levels

House-Buying Power at Near-Historic Levels | Keeping Current MattersWe keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at "near-historic levels.”

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Rising Interest Rates Have Not Dampened Demand

Rising Interest Rates Have Not Dampened Demand | Keeping Current MattersSince the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment.

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How Long Do Most Families Live in a House?

How Long Do Most Families Live in a House? | Keeping Current MattersThe National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving.

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The #1 Reason to List Your House for Sale NOW!

The #1 Reason to List Your House for Sale NOW! | Keeping Current MattersIf you are debating whether or not to list your house for sale this year, here is the #1 reason not to wait!

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