
Saving for a Down Payment? Here’s What You Need To Know.
If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for that, it may be because you believ
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![How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20230617/16/w600_original_2c791b55-c002-45d4-8537-c0c9af5c255b-png.webp)
How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years. That means your net worth can grow signif
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Why Buying or Selling a Home Helps the Economy and Your Community
If you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrate
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A Drop in Equity Doesn’t Mean Low Equity
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. H
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Your Needs Matter More Than Today’s Mortgage Rates
If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you want to make a change in the first pla
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Are Home Prices Going Up or Down? That Depends…
Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year
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![Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20230613/16/w600_original_f4b3ba49-4ac4-4ac4-9e8a-fc539ceb0211-png.webp)
Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]
Some Highlights Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years. Expect unsettling housing market headlines this year, mostly due to unfair comparisons
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This Real Estate Market Is the Strongest of Our Lifetime
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1
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The Main Reason Mortgage Rates Are So High
Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are Mortgage Rates So High? When Wi
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Real Estate Is Still Considered the Best Long-Term Investment
With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year,
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Oops! Home Prices Didn’t Crash After All
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the hou
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Market Report - North Port 34286 May 2023
This is a real-time market report for 34286 in North Port Florida. Like any data, it needs to be curated to your specific home. No two homes are the same but many facets can be, like fixtures, mechanical, and design elements. New home builders are able to offer all the check boxes buyers want at a m
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![Reasons To Own Your Sarasota Area Home [INFOGRAPHIC],Bill Bambrick - Sarasota Realtor](https://cdn.chime.me/image/fs/cmsbuild/202363/15/w600_original_b98a5a31-ecdc-4b78-8808-0f91190b996f-png.webp)
Reasons To Own Your Sarasota Area Home [INFOGRAPHIC]
Some Highlights June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your Sarasota area home. Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having a secure and stable financial future. Are
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![Moving Now Can Give Your House Its Day in the Sun [INFOGRAPHIC],KCM Crew](https://cdn.chime.me/image/fs/sitebuild/2019929/2/w600_original_9939a358-d76d-464e-bf8b-49dafac4c7a7-jpeg.webp)
Moving Now Can Give Your House Its Day in the Sun [INFOGRAPHIC]
Some Highlights If you want to sell your house, consider doing it this summer. The days are longer, the weather is warmer, and it’s a great time for sellers. If your needs have changed, now’s the time to capitalize on the low inventory and multiple offers in today’s sellers’ market. Connect with a l
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The Benefits of Selling Now, According to Experts
Venice Florida Home Owners, if you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale in Venice. And, with so fe
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How Homeowners Win When They Downsize
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing to
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Top 3 Things to Sell Your North Port Florida Home
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What Does it Mean to Be in a Sellers Market?
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What’s the Difference Between a Home Inspection and an Appraisal?
If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home you’d like t
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Falling out of Love with Your House? It May Be Time To Move.
Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move. According to the latest Home Buyers and Sellers Generational Trend
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