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How to Stay Ahead of the Real Estate Market

Key Takeaways: Knowing your property’s real-time value is more important than ever Build a relationship with your local real estate team to maximize your money This is a great time to plan for the future of your home, so contact us today! From volatile national market trends impacting local housing markets to unforeseen structural problems, […]

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Cause to Pause

Rising mortgage rates are causing some would-be buyers to pause their decisions until they determine whether rates are going to come back down. While it may be possible, the probability is that prices are going to continue to increase. On December 23, 2021, the 30-year fixed-rate, according to Freddie Mac, was 3.05% and is at […]

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Five Factors that affect the Sale of Any Home

Owners directly control four of the five factors that affect the sale of any home: price, location, condition, terms, and the agent you select. The one thing you can’t control is the location of the home, but you can adjust the other factors to compensate for failings. The seller controls the price of the home […]

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The Housing Market is a Win for Buyers and Sellers

Key Takeaways: Ignore the negative news—the market is coming back down to earth Homeowners have record equity, and buyers have more inventory This is a great time to make a move in the market, so contact us today! You might hear a lot of doom and gloom news about the housing market lately, but let’s […]

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Gift Amount Increased for 2022

The limit for tax free gifts for 2022 is $16,000 and no tax is due to the donor or the donee. There are provisions that would allow gifts higher than this amount providing the total lifetime gifts above the annual exclusion of $12.06 million for 2022 has not been met. The donor and donee can […]

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Housing Affordability – Call to ARMs

Housing Affordability is negatively affected by both rising home prices and mortgage rates. A 20% increase in nominal home prices and a 2% increase in the 30-year fixed rate mortgage since January have contributed to a 46 point drop in the NAR Housing Affordability Index. The Index was 143 in June 2021 and is 98.5 […]

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Why Now Is the Right Time to Buy Your Dream Home

Key Takeaways: Mortgage rates are going up, but they’re actually not that high.  You’re still in control: you can get yourself a lower rate with these smart tips. Find opportunities in your local real estate market—contact us today! Many would-be homebuyers are fearful of rising mortgage rates. It seems like the news is non-stop negative […]

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Surviving Spouse Sale Period

Married couples who own a home as joint tenants with rights of survivorship, the surviving spouse inherits the home, along with their basis, and it does not trigger a taxable event. Unfortunately, the capital gain exclusion is reduced to a single person’s share unless the survivor disposes of the property in the granted time. Married […]

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This Is The Key To Your Dream Home

Key Takeaways: Understanding why a property organizer is your secret weapon Learning how to use a property organizer Discovering how property organizers will benefit you Why Use a Property Organizer Have you ever been overwhelmed in the buying and selling process? With so many options out there and the market constantly changing, it can be […]

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Are prices and rates going to continue to rise?

One of the most talked about questions in the real estate market has to do with "Will prices continue to rise now that interest rates have increased dramatically this year?" It is understandable to think that if the Federal Reserve is using interest rate increases to slow consumer demand, that it would also slow homebuyer […]