Home Buyers

Tag: real estate

When is the Right Time to Get Into Real Estate Investing?

If you have been thinking about investing in real estate, you may be concerned about when, exactly, you should get into the market. After all, timing is everything, and you do not want to be left with a property you overpaid for after a market downturn. However, figuring out the right timing to invest in real estate is not as easy as just watching the market and buying whenever prices drop. Ask yourself these questions first to see if you are ready to take part in real estate investing:

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Five Major Mistakes People Make When Investing in Real Estate

Investing in real estate can, with the right investment strategy, become an incredibly good way to make money. However, it is also extremely easy to lose a lot of money in the real estate market, if you are not careful about how you choose to invest. Here are five major mistakes that people make when they invest in real estate:

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Five Tips to Get Started on Real Estate Investment

For many people, investing in real estate is a potentially lucrative venture that can have substantial returns. However, real estate investments can be incredibly costly, and if you are not careful, you can also lose a lot of money on your investment. That is why you should follow these real estate investment tips, which can give you a better chance of seeing your investment return a profit:

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Mortgage Interest Rates Fall as Inflation Lightens

For the first time in several months, mortgage interest rates have begun to decline somewhat, bringing some relief to the real estate market. This drop in interest rates is considered to be a sign of inflation beginning to drop off, which is an overall positive for prospective homeowners. Unfortunately, however, interest rates are still far higher than they were at the beginning of the year, and some home buyers may still be hesitant to put money down on a new house. Continue reading “Mortgage Interest Rates Fall as Inflation Lightens”

Home Prices Saw 10 Year Record Decline in July

Nationally, home prices fell for the first time in three years in July, signaling to some that the housing market may be on the verge of a recession. Part of the reason for this anxiety is that this drop is the largest the housing market has seen since 2011, making it the biggest dip in the market in more than a decade. Combined with rising interest rates, high inflation, and an increasing amount of inventory, some economists believe that prices could decline even further in the coming months.

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Buyers See Benefit in Higher Housing Inventory and Lower Prices

As the amount of housing inventory has increased and prices have fallen, some buyers have become more eager to look for potential homes to purchase. This follows several months of rising interest rates and record-high inflation, which have caused the housing market to cool and prices to drop overall. While this may be less fortunate for some sellers, it could be a good time for reticent buyers to start getting into the market to take advantage of relatively low prices.

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Mortgage Rates Fall on Negative Economic Signs

Mortgage rates declined nearly half a percent over the course of two days after worse than expected economic reports became public. These reports have stoked fears that the economy may be facing a potential recession, with mortgage lenders reacting by lowering rates. This also comes at the same time that inflation is reaching the highest levels they have been at in decades, while the Federal Reserve is raising interest rates more broadly.

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Five Reasons You May Want to Consider Selling Your Home

While the real estate market has begun to cool, it is still the best it has been for sellers in more than a decade. That means, for some people, it may be the perfect time to consider selling your home and getting the most out of the equity in your property. Here are five reasons you may want to consider selling your home right now:

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Five Reasons Why You Should Get Inspections Before Buying

While inspections are not strictly mandatory when buying a new home or other building, it is almost always advisable to do so. If you do not get a property inspected before you buy, you could set yourself up to deal with enormous problems later on. Here are five major reasons why you should always get real estate inspected before you agree to purchase it:

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Why Do Sellers Ask for Pre-Approval for Mortgages Before They Sell?

It is a common practice in the real estate industry for sellers to require buyers to get pre-approval for financing for any sale. This is true even in cases where a buyer has the liquid assets available to potentially purchase a property outright, without needing a mortgage. So why do sellers tend to require pre-approval for a mortgage before they will sell, and why should you do the same?

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