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Author: Open House

5 Key Things to do before Applying for a Mortgage

5 Key Things to do before Applying for a Mortgage

Are you thinking about applying for a mortgage in the near future? If this is your first time buying a home or securing a loan, there are some things you should know before signing on the dotted line to obtain what’s most likely the largest item on the left side of your personal balance sheet. Don’t be tricked into thinking that getting qualified for a mortgage is as easy hitting one button and money appears (as portrayed in the Quicken…

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Selling or Buying A Home in Spring? Home Buying Tips

Selling or Buying A Home in Spring? Home Buying Tips

If you’re selling and/or buying a home this spring, you’ll need to know what the trends are for both buying and selling in order to be prepared for the current real estate market. With a few of our home buying tips, you should be well ready to start looking, bidding and planning your buy! Here’s the biggest scoop of the spring season: house valuation is going up! This should be music to your ears if you’re selling your house because…

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Millennials Back at the Home Buying Table

Millennials Back at the Home Buying Table

According to a recent report from the National Association of Realtors, first time home buyers are taking an increasing share of the market compared to the last two years.  In 2016 35% of home sales are from first time home buyers with 61% of them under the age of 35.  This number is the highest since 2013 and hit its peak at 50% in 2010.  According to a report by The Dallas Morning News, we should expect this trend to…

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Housing Market Forecasts for 2017 – Home Buying Institute

Housing Market Forecasts for 2017 – Home Buying Institute

The Home Buying Institute recently released their top 5 forecasts and predictions for the 2017 US real estate and home buying market.  The consensus is that the housing market and real estate will endure a ‘cooling’ period.  Meaning growth, but at a slower rate than in the previous year: “Cooling” seems to be the key word for 2017. Many analysts and economists expect the residential real estate market to cool down over the next 12 months, in terms of both…

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