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Monthly Archives: February 2020

    The #1 Misconception in the Homebuying Process

    By John Durham | February 20, 2020

      After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be... Read More

    How Trusted Professionals Make Home Buying Easier to Understand

    By John Durham | February 19, 2020

    In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help... Read More

    The #1 Reason to List Your House RIGHT NOW!!

    By John Durham | February 12, 2020

    The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident... Read More

    Worried About Qualifying For A Mortgage? It May Be Easier For You Right Now

    By John Durham | February 9, 2020

    Buying a home is a big purchase and most buyers rely on a mortgage in order to pay for one. So, there’s good news for would-be homeowners… New data from the Mortgage Bankers Association shows that qualifying for a mortgage has gotten easier for many buyers over the past few months. The MBA’s Mortgage Credit Availability... Read More

    Great News for Renters Who Want to Buy a Home

    By John Durham | February 6, 2020

      Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for renters to save more of... Read More

    Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

    By John Durham | February 3, 2020

      When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for... Read More