According to Pew Research Center, more households are renting than at any point in the last 50 years. Many people, however, dream of getting out of the rental cycle and into their own homes. For some, it’s an opportunity to build equity; for others, it's about gaining control and stability - not hav...
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Just as change has come to the taxi industry, the book industry, and takeout food thanks to digital technology, real estate is one of the next big innovation frontiers. That’s because the industry is still operating the way it did 30 years ago - despite the advent of the internet and other technolog...
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Coastal Annapolis has plenty to offer, so it’s no surprise that many people are exploring it as a living option - especially because it has a lower cost of living than nearby Washington, DC. A strong sense of historic preservation meets a contemporary collection of amazing bars and restaurants in th...
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As home prices continue to rise, plenty of would-be homebuyers are worried that their chances of ever owning a home are drying up - especially lower-income families who don’t have as much financial wiggle room to adjust to home prices skyrocketing 20% in a single year.
However, affordable housing...
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For many homeowners, a mortgage is the most significant financial transaction of their lives. Not only is it the largest by dollar amount, but a home loan - and the equity it allows homeowners to build - can have generational life-changing impact.
According to The National Association of Realtors (...
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Earlier this year the average mortgage for a U.S. home loan rose above 5% - a noticeable shift from last year’s historic lows. Mortgage rates last reached this point in 2018, and they may continue to rise.
While many homebuyers rushed to lock in mortgage rates before they went even higher, a fair n...
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It’s an exodus from the Excelsior state: every year, New York accounts for the largest influx of new residents to Florida - and because of the large number of people coming from NYC, some people are jokingly (or not so jokingly) referring to it as “as the sixth borough of New York City.” Over 30,000...
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According to data from Trulia, the American public is fairly split on whether they prefer a newly built home or an old home. Assuming the same price, 41% of Americans prefer to buy a newly built home, while 21% prefer an existing home. But the remaining 38% have no preference.
Opinions on buy...
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We often talk about the struggles for homebuyers in this housing market, as well as the advantages it offers to sellers. However, what’s often missing from the discussion is the reality that many face: they’re both homebuyers and homesellers, and the two transactions are inextricably linked. Around ...
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