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Monthly Archives: August 2021

    82,338 Great Reasons to Buy a Home Today

    By Admin | August 24, 2021

    The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation... Read More

    What Is An ADU?

    By Admin | August 23, 2021

    Accessory Dwelling Units Accessory dwelling units, or ADUs, have become a bit of a buzzword in the housing world. In recent years, these backyard tiny homes have offered affordable housing solutions in pricey cities, provided studio space for creative types, and served as in-law suites for aging relatives. Now, ADUs, sometimes called “granny flats,” are popping up... Read More

    Homebuyers: Hang in There

    By Admin | August 23, 2021

    Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges. Read More

    Waiting To Buy a Home Could Cost You

    By Admin | August 23, 2021

    Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact on your buying power no matter your price point.... Read More

    What Do Experts Say About Today’s Mortgage Rates?

    By Admin | August 22, 2021

    Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates present buyers... Read More

    5 Things Homebuyers Need To Know When Making an Offer

    By Admin | August 22, 2021

    When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory in the Triangle hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep... Read More

    The Power of Mortgage Pre-Approval

    By Admin | August 21, 2021

    Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge... Read More

    What You Should Do Before Interest Rates Rise

    By Admin | August 20, 2021

    In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’s... Read More

    A Look at Home Price Appreciation Through 2025

    By Admin | August 19, 2021

    Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels.  In... Read More

    Real Estate in The Triangle: It’s Still a Lack of Supply, Not a Lack of Demand

    By Admin | August 18, 2021

    One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes... Read More

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