Author Archives: Community Real Estate
Elevated interest rates and limited new listings suppress California home sales...
Source: CALIFORNIA ASSN. OF REALTORS® Elevated interest rates and a shortage of homes for sale continued to dictate the market in June, as California home sales remained below the 300,000 annualized pace for the ninth consecutive month, the...
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What experts say about buying a home now and refinancing later
Source: CBS News With interest rates remaining high, would-be homebuyers may be asking themselves: In this economic climate should I buy a home now at high rates and refinance later, or should I wait for rates to fall? For instance, buyers...
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Starter homes may be a thing of the past
Source: CNBC For millennial and Gen Z homebuyers, purchasing a starter home – smaller and less-expensive dwellings – may be a thing of the past as homeowners stay in their homes longer. Nearly 40% of Americans between the ages of 25 and 44...
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Features that boost a home’s value in 2023
Source: Real Simple Buyers who can afford a home in today's market appear willing to pay even more for luxuries that personalize their space, according to Zillow. Amenities such as steam ovens, pizza ovens, and, professional-grade appliances...
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Homeownership as a vehicle to build wealth
Source: USA Today Over the last decade, the median-priced home in the U.S. gained $190,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter, according to a report by the National Association of...
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