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Fact versus Fantasy “If I use the seller’s agent, I’ll get a “deal”…” Fantasy: Using the seller’s agent when buying a home will be advantageous, and you will get a “deal” on the price. Fact: The seller’s agent’s main duty and loyalty is to the seller.  A buyer will have no particular advantage using the same agent. A lot of potential buyers think that if they go directly […]
Today's Market When 2% isn’t really 2%… So lately I’ve been hearing from sellers talking about a new crop of “real estate companies” that claim they can help sell a home for either “no commission”, “no fees”, the promise of a “rebate”, or some combination of the three. And as we’ve become accustomed to, these companies claim that they are here “TO […]
Today's Market The Truth about “We Buy Houses for Cash”… In today’s real estate market, homes stay on the market for about 25 days on average before going under contract. That’s better than back in 2010, when homes were averaging 140 days to sell, but it’s still not fast, and there’s no guarantee that your home will sell in 25 days. Location, season, and many […]
Today's Market Think Twice Before Waiting for 3% Mortgage Rates Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press […]
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