Most home buyers need a mortgage in order to afford their home. Not surprisingly, mortgage is a huge industry that backs the U.S. housing market.
There’s a lot of terminology that’s important to understand before homebuyers embark on their ownership journey. Here’s what you need to know about quali...
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Each month, we are posting an updated Market Outlook based on the questions we continue to receive from clients, employees, and investors about the implications for the housing and mortgage markets in which we are active (read September’s Outlook here).
Another month, another seller’s market. It see...
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Selling your home is stressful. In fact, many people rate it as one of the most stressful events of their life – second only to a breakup. According to a recent survey conducted by Zillow, 36% of homeowners even said that they cried during the process.
It’s important to know best practices for selli...
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Many would-be home buyers were hoping that the 2020 real estate market might soften a bit, but unfortunately the opposite has held true – especially in suburban markets. Homes are leaving the market almost as soon as they’re listed, and many home searchers have been dismayed by a “pending” notificat...
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If you’re planning to buy a home, there’s a good chance you’ve thought about the kind of home you’d like to buy. And if you have a home to sell, you’ve likely pondered how much your property could sell for. But buyers and sellers often forget to think critically about the Realtor they choose to part...
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One of the first questions homeowners have once they decide to sell is, “How long will it take to sell my house?” Knowing the answer can have a big impact on everything from moving plans to personal finances.
According to Zillow, the average time to sell a house is 65 to 93 days — that’s from initia...
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How long does it take to buy a house? The short answer is, 90 days on average. It typically will take 50 days to get under contract – and then another 40 days to close on it, at which point the home is truly yours.
The long answer is that these numbers can vary widely – and that’s because each step...
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Each month, we are posting an updated Market Outlook based on the questions we continue to receive from clients, employees, and investors about the implications for the housing and mortgage markets in which we are active (read August’s Outlook here).
Just like last month, we’ve seen the ravenous dem...
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In Pennsylvania, home sellers are required by law to disclose the condition of their home.
If you’re getting ready to sell your home, you may be wondering just what your legal obligations are when it comes to disclosure.
Do you need to let the next homeowners know that your basement flooded?
What...
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