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First Time Home Seller

Home sales rise for a second straight month

Existing-home sales were up 1.7 percent to a seasonally adjusted annual rate of 5.45 million in April from an upwardly revised 5.36 million in March, according to new data from the National Association of Realtors (NAR). Last month’s sales were six percent higher on a year-over-year basis and also marked the second consecutive month of…

5 Tips for Buyers to Have a Successful Home Inspection

How to get the right information in an inspection and use it in negotiations for your home purchase. Throughout the homebuying process, you will encounter a number of expenses including, but certainly not limited to, an appraisal, transaction fees and a survey – but none is more important than the home inspection. Dollar for dollar,…

Sales of new homes race to nearly a 9-year high

-Reuters 24 August 2016 New U.S. single-family home sales unexpectedly rose in July, reaching their highest level in nearly nine years as demand increased broadly, brightening the housing market outlook. The Commerce Department said on Tuesday new home sales surged 12.4 percent to a seasonally adjusted annual rate of 654,000 units last month, the highest…

Real Estate May Be a Safe Haven in a Bear Market

Rental properties can help level out the peaks and valleys in your portfolio. Is a bear market on the way? That’s the question experts and investors alike have been debating for months. Given the cyclical nature of the market, it’s unrealistic to expect the current bull market to continue its run forever. What’s uncertain is…

How to Save Enough for a Down Payment

For most first-time homebuyers, securing a down payment is the biggest hurdle. There comes a point for many first-time homebuyers when nearly everything you do becomes focused on saving for that purchase. Even when you’ve been putting money away regularly for years, you find yourself willing to cut out that beach vacation you had been…

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