What Is a Home Warranty? Peace of Mind for Home Buyers
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What Is a Home Warranty? Peace of Mind for Home Buyers

What is a home warranty? In a nutshell, it’s a policy a homeowner pays for that covers the cost of repairing many home appliances if they break down. After all, lots of things you buy come with a warranty in case they break down, from cars to smartphones. But what about homes? It turns out…

7 Common HOA Rule Violations—and How to Avoid Getting Fined
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7 Common HOA Rule Violations—and How to Avoid Getting Fined

Living in a community managed by a homeowners association (HOA) means that you’re obligated to follow certain rules and regulations. Depending upon your HOA, these rules can be very particular—so particular that you may not even know you’re doing something wrong! And if you disobey your community’s covenants, conditions, and restrictions (CC&Rs), you could get…

Are Homeowners Renovating to Sell or to Stay?
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Are Homeowners Renovating to Sell or to Stay?

Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing Home Sales Report from the National Association of Realtors,…

Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?
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Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?

Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a percent by next year. In addition to the predictions from the four major reporting agencies…

Why Has Housing Supply Increased as Sales Have Slowed Down?
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Why Has Housing Supply Increased as Sales Have Slowed Down?

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers. For over three years leading up to this point, the exact opposite…

5 Tips When Buying a Newly Constructed Home
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5 Tips When Buying a Newly Constructed Home

The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5 tips to keep in mind if you are considering…

Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]
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Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]

  Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers. 77% of buyer’s agents…