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How to Shut Down Housing Market Fear in 3 Simple Responses

BAM Media

If theyre relying on randoms spreading sensational news with zero accountability, they will be misled. 1: Foreclosures & Bankruptcies Still Below Pre-Pandemic Levels Consumers still worry that were heading for a repeat of the Great Recession of 2008. The nested equity is $38 trillion. It’s the highest ever.

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How Much Leverage Do Today’s House Sellers Have?

Keeping Current Matters

She then offers a possible solution: “While the fear of not being able to find something to buy will not disappear in a limited supply environment, new housing supply can incentivize existing homeowners to move.”. Perhaps you need time to get permits or approvals for certain upgrades you made to the house. A true win-win negotiation.

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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

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Trouble for Housing Market as Underwater Mortgages Rise: Crash Alert?

Marco Santarelli

Home Equity Softening, Not Disappearing The report highlights a slight decrease in the percentage of homes considered “equity-rich,” where the loan value is less than half the estimated market value. This signifies that homeowners, by and large, still hold a healthy level of equity in their properties.

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Combining Apartments Isn’t Easy. But for Homeowners Short on Space, It’s Worth It.

Realtor.com

The couple lived in a third-floor apartment with their two children in a pre-war building they loved on Manhattan’s Upper West Side. We kept it in the pre-war style of the building, so we maintained its spirit, but everything is modern and new.”. We wanted the apartment to be our own and to reflect what we like,” she said. “We

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How to Get a 203k Loan in 6 Steps (And What Else to Consider As a Buyer)

HomeLight

Does the idea of buying a fixer-upper and quickly gaining thousands of dollars in equity by making minor cosmetic repairs appeal to you? A 203(k) loan can be an excellent way to gain large amounts of equity soon after buying the home. And that difference of $25,000 is equity in the home that now belongs to the new buyer.

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How Is Inflation Affecting the Housing Market?

HomeLight

A Pew Research Center analysis of data from 44 advanced economies found consumer prices have risen substantially in nearly all of those countries since the pre-pandemic era. So, to help you navigate in this new world where everything costs more, we’re arming you with the latest information about: what is causing inflation.

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