What is in store for New Home Construction in 2018


After several years of skyrocketing home prices and tightening inventories, the dust is finally starting to settle in the housing market, leaving home builders surveying a vastly different real estate landscape than when the recovery began.

A flurry of home buying activity has decimated the nation’s home inventories, spurring intense competition and bidding wars. Skyrocketing sale prices have edged out many first-time buyers as well as those at the lower end of the income spectrum,...

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The Mortgage Process: What You Need to Know

  • Many buyers are purchasing a home with a down payment as little as 3 percent.
  • 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 determine how much you can afford.


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Should I Wait Until Next Year to Buy? Or Buy Now?

  • 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 interest rates to rise to 5.1 percent by 2019.
  • CoreLogic predicts home prices to appreciate by 4.3 percent over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to



Source:  Real Estate with Keeping Current...

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