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Friday, December 16, 2022   /   by Raj Jaggi

2023 Housing Market Forecast [INFOGRAPHIC]

Some Highlights


From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation.


If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.

Sources:


realtor.com



Home Price Expectations Survey (HPES)



National Association of Realtors (NAR)



Mortgage Bankers Association (MBA)



Fannie Mae



Freddie Mac



Zelman & Associates



Greg McBride, Chief Financial Analyst, Bankrate ...

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Thursday, December 15, 2022   /   by Raj Jaggi

Planning to Retire? It Could Be Time To Make a Move.

If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs.
Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about when making that decision.
Consider How Long You’ve Been in Your Home
From 1985 to 2008, the average length of time homeowners typically stayed in their homes was only six years. But according to the National Association of Realtors (NAR), that number is rising today, meaning many homeowners are living in their houses even longer (see graph below):

When you live in a home for a significant period of time, it’s natural for you to experience a number of changes in your life while you’re in that house. As those life changes and milestones happen, your needs may change. And if your current home no longer ...

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Thursday, October 27, 2022   /   by Raj Jaggi

Millennials Are Still a Driving Force of Today’s Buyer Demand

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for.
While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are actually a significant driving force for buyer demand in the housing market today. Here’s why.
Millennial Homebuying Power
While there’s no denying higher mortgage rates are making it more challenging to afford a home today, many millennials are still eager and able to buy homes – whether it’s their first or they’re moving up. That’s in large part because of the value they place on education.
A recent article from First American says millennials may be the most educated generation in our nation’s history ...

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Friday, October 21, 2022   /   by Raj Jaggi

3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]

Some Highlights


If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale.


You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next home?


Let’s connect so you can get answers to these questions and learn about the opportunities you still have in today’s housing market. ...

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Tuesday, October 11, 2022   /   by Raj Jaggi

What Are Experts Saying About the Fall Housing Market?

The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall.
To help you make a confident decision, lean on the professionals for insights. Here are a few things experts are saying about the fall housing market.
Expert Quotes for Fall Homebuyers
A recent article from realtor.com:

“This fall, a more moderate pace of home selling, more listings to choose from, and softening price growth will provide some breathing room for buyers searching for a home during what is typically the best time to buy a home.”
Michael Lane, VP and General Manager, ShowingTime:

“Buyers will continue to see less competition for homes and have more time to tour homes they like and consider their options.” 
Expert Quotes for Fall Sellers
Selma Hepp, Interim Lead of the Off ...

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