Renting or Buying…Either Way, You're Paying Someone's Mortgage
There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours ...
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Posted by Allison Simson on October 30, 2017 in Buying/Selling Real Estate
The #1 Reason to List Your House, NOW!
The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and ...
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Posted by Allison Simson on October 27, 2017 in Buying/Selling Real Estate
Thinking of Selling your Home? Competition is Coming
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development ...
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Posted by Allison Simson on October 19, 2017 in Buying/Selling Real Estate
No… You Do Not Need 20% Down to Buy NOW!
 The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the ...
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Posted by Allison Simson on October 19, 2017 in Buying/Selling Real Estate
4 Reasons to Sell This Fall [INFOGRAPHIC]
Some Highlights:
Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available!
Housing inventory is still under the 6-month supply that is needed for a normal ...
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Posted by Allison Simson on October 19, 2017 in Buying/Selling Real Estate
Moving-Up to a Luxury Home? Now’s the Time!
If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are ...
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Posted by Allison Simson on October 19, 2017 in Buying/Selling Real Estate
What to Look for in Your Real Estate Team
How do you select the members of your team who are going to help you make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender?
The most important characteristic that ...
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Posted by Allison Simson on October 13, 2017 in Team News- From Your Summit Real Estate Team
The Mortgage Process: What You Need to Know [INFOGRAPHIC]
Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don't have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you ...
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Posted by Allison Simson on October 9, 2017 in Archived
Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC]
Should I Buy a Home Now? Or Wait Until Next Year?
Some Highlights:
The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts ...
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Posted by Allison Simson on October 4, 2017 in Buying/Selling Real Estate