Mortgage rates are now at the highest level of the year, and could still climb
Understanding the Importance of Septic Inspections as a Buyer and Homeowner
Septic tank inspections are crucial for any homeowner considering the purchase of a house with a septic system. I will cover the inspection process, identify who should perform it and explain its importance. A septic system handles a home’s wastewater, making its condition vital for property value and health standards. Inspections can prevent future expenses…
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S&P 500 gives up its earlier gains — but Meta bucks the trend as new AI model debuts
March homes sales dropped despite a surge in supply. Here's why.
Here are some tips for homebuyers to save on costs with newly built homes, experts say
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
How to Assess the Financial Stability of an HOA
Understanding a Homeowner Association’s (HOA) financial stability is crucial for maintaining property values and ensuring residents’ high quality of life. Key examination elements include reserve funds, special assessments and financial planning. Reserve funds cover significant repairs and replacements, special assessments address unforeseen expenses and financial planning ensures long-term stability. Understanding these aspects helps members make…
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Consumer Sentiment Continues to Fall in April
While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in April. The dip, however, is not any cause for concern, according to experts. Consumer sentiment fell 1.9% in April, following a 0.5% decrease in March. These drops come after a strong start to 2024, with a 0.8%…
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Vietnamese property tycoon sentenced to death in country’s largest financial fraud, state media reports
The Reality of a Seller’s Market
Just what is a “seller’s market” and how does this truly impact your sellers and buyers? In today’s market you may be surprised that the traditional concepts might not quite be so black and white. Knowing and understanding the implications of this non-traditional seller’s market is likely to make a critical difference in how to…
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Should you refinance your mortgage? Here are three signs it's time, real estate experts say
Mortgage refinance demand surges even as rates cross back over 7%. Here's why
China needs a narrative that house prices are going to rise, Nomura's Koo says
Buyers of newly built homes can face a property tax surprise. Here's why
People May Finally Be Adjusting to Higher Mortgage Rates
Despite continued pessimism surrounding mortgage rates, home buyers and sellers are feeling a bit more confident in the housing market lately, according to recent data from Fannie Mae. The latest Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.9 points in March to 71.9, its first decline since November 2023. The slight decrease is mainly…
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$1 million homes are now 'typical' in a record number of U.S. cities, analysis finds. Here’s where they are
The Psychological Aspects of Selling a Home: How to Stay Positive and Motivated
Selling a home is more than a financial transaction; it’s an emotional journey. This process can stir up feelings, from excitement about prospects to sadness over leaving memories behind. Understanding and managing these emotions is crucial for staying motivated and positive. I will examine the psychological aspects of selling a home. You will see my…
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The Impact of Low Appraisals on Home Sales and Mortgages
When buying and selling real estate, the appraisal is pivotal. It’s an expert’s objective estimation of a home’s worth and serves as a cornerstone for financial decisions in real estate transactions. However, a low appraisal can disrupt the whole process and lead to complications for buyers, sellers, Realtors, and lenders. I will examine the ramifications…
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