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        Real Estate

        This Real Estate Market Is the Strongest of Our Lifetime

        Real Estate Landscape: In the ever-changing landscape of the real estate market, it is crucial to recognize when we are experiencing something truly remarkable. As luxury real estate agents, we have witnessed various market conditions over the years. However, the current housing market stands out as one of the most foundationally [...]

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        Homebuyer Demand Is Far Above Last Year’s Pace

        Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, [...]
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        Presidential Elections and the Impact on Real Estate?

        The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as [...]
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        Real Estate Is Back -Builders & Realtors Agree:

        When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite [...]
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        Lowest Mortgage Rates in History

          In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain?   While average mortgage rates have drifted between 4% and 5% in recent years, they [...]
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        Home Values – Will they Appreciate or Depreciate in 2020?

        Will Home Values Appreciate or Depreciate?  With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item. Each month [...]
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        Will Surging Unemployment Crush Home Sales?

        Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, [...]
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        What does the Real Estate Market look like for 2020?

        Where is the Housing Market Headed in 2020?

        Some Highlights:

        • Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020!
        • According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year.
        • Experts predict that the number of homes sold next year will be equal to or outpace
        [...]
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