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Are Mortgage Points a Good Deal for Buyers? What You Need

HomeLight

We spoke with John Boyles, Head of Capital Markets at HomeLight, to walk us through the finer points of mortgage points. That extra MI cost could override any savings you’d see from discount points — at least until you hit 20% equity on your home, and get rid of your MI payments. Here’s what you need to know. What are discount points?

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2023 Housing Market Year In Review: A Market Ruled by Mortgage Rates

Redfin

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. Below are trends, data points, and visuals that defined the 2023 housing market. The market was extraordinary; it felt hot, even though very few homes changed hands.”

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How Much Are Closing Costs in California?

HomeLight

Your California dream home has just come on the market, and you’re eager to make an offer. Other closing costs generally incurred by California home sellers include transfer taxes , property taxes, and mortgage loan payoff. So if you’ve got enough equity in your home, you won’t have to worry about coming up with cash at closing.

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What Costs Are Involved in Selling My House?

HomeLight

Properties typically remained on the market for 16 days, and nearly 90% of homes sold were on the market for less than 30 days. Even though interest rates are rising, inventory is low in many markets. So, the seller’s market is holding, but cooling. from the prior month and 8.6% from one year ago. Get Estimate.

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Sell Your House Fast in Miami: Expert Strategies for a Quick Sale

HomeLight

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. The company has 4.6

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.