Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: “Homes priced right are selling very quickly, but homes priced too high are deterring prospective buyers.” Today’s Housing Market. It’s true buyer demand has slowed over the past few months as higher mortgage rates made it more expensive to buy a home. The result is […]
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You need to be prepared as you set out on your home search. Here are three tips for buying the home of your dreams. 1. Understand How Mortgage Rates Impact Your Homebuying Power Mortgage rates have increased significantly this year, and over the past few weeks, they’ve been fluctuating quite a bit. It’s important to stay up
Some Highlights If you’re buying a home, it’s essential to understand what a home inspection is and why it matters so much to your investment and peace of mind. A home inspection is one of the most critical steps in the homebuying process. It provides a professional assessment of the property’s overall condition, uncovering potential
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Planning To Retire? Your Equity Can Help You Reach Your Goal. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generation have already retired. If this sounds like you, one thing worth considering is whether or not your
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Saltbox Home Middlefield Connecticut So, you are wondering what will happen to home prices when this “potential recession hits”? Here’s what is on the wire today. Not only are “experts” forecasting home prices will continue to appreciate nationwide this year, but most of those “experts” increased their projections for home price appreciation from their original 2022
Philip Roth Home A recent survey from the Wall Street Journal, has economists freaking out about some recession they think will “hit” our country in the next 12 months. Steve Schappert says “HogWash”! What Steve Schappert Thinks About Recession Today When surveyed in July 2021, 12% of economists consulted thought there’d be a recession by now. But
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The desire to own a home is strong. In fact, according to the HUD and the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they
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The time is your time all of the time. This is your time to keep on top of our nation’s Housing Market. Steve Schappert will be here with you all the way. Steve Schappert Realtor Call and Text Steve Schappert 203-994-3950 Email [email protected] Bring Your Lender! Truth As a concerned homebuyer or homeseller, staying informed about
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What is happening with home prices, where “experts” say they’re headed, and what your homeownership goals may become. Last Year’s Rapid Home Price Growth went Wild In 2021, home prices appreciated quickly. Why may be due to record-low mortgage rates motivating more buyers to enter the market. As a result, there were more people
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Steve Schappert Your Realtor The housing market is brimming with good news for all you Homebuyers and Homesellers. Get in the Game! Your Next Opportunity! Housing supply remains well below what we’ve seen over the past decade, yet opportunities can appear at any moment—just look at our graph for proof. Always Opportunity While moderating demand
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