Tag: Real Estate
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Housing Market Takes a Hit: Single-Family Home Construction Dips
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The US housing market saw a significant setback in March as single-family home construction took a nosedive. While the demand for new homes remains strong due to a shortage of existing homes for sale, rising mortgage rates are causing potential buyers to hold back. According to a report from the Commerce Department, permits for future…
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Why More Homeowners Are Refinancing Despite Rising Mortgage Rates
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Have you noticed mortgage rates inching back up over 7% lately? Despite this uptick, there’s been a surprising increase in people looking to refinance their mortgages. Let’s dive into why this trend is happening. What’s Going On? Why Are People Refinancing? Even with rates on the rise, many homeowners are still eager to refinance. Here’s…
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Exciting News for Potential Homebuyers in Alameda County!
Are you dreaming of owning your own home in Alameda County but struggling to make the down payment? Well, you’re in luck! Applications are now open for the final round of down-payment assistance funds through AC Boost, Alameda County’s homebuyer assistance program. Here’s what you need to know: What is AC Boost? AC Boost provides…
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Alameda County, CA Homebuyer Assistant Progam
Welcome to AC Boost! Article from AC Boost. https://www.acboost.org/ AC Boost is an innovative program designed to help middle-income households afford to buy a home in Alameda County. AC Boost gives buyers a boost, providing loans that are intended to bring homeownership within reach of households who would otherwise not be able to afford to…
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Water Heater Replacement Cost
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Replacing a hot water heater is an essential task, but it can throw off your budget if you’re not prepared. Let’s break down the costs involved in replacing a water heater. First off, hot water heaters typically last around 8 to 12 years, but this can vary based on factors like the type of appliance,…
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First-Time Homebuyer Tips From Real Estate Pro
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Looking to buy your first home? It’s an exciting journey, but it can also be overwhelming. Don’t worry, though. We’ve got you covered with advice from real estate pros to help you navigate every step of the process. Sorting Out Your Finances First things first, let’s talk money. Understanding your financial situation is key. Meeting…
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What Does “Contingent” Mean in Real Estate?
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Learn more about common contingencies in real estate and how they can affect the buying processes. Buying and selling a home often requires a dictionary as you navigate a new litany of terms, each describing a crucial step in the process. In real estate, a contingent offer has a meaning all its own—one that can make or…
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Considering the prospect of a Second Mortgage?
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Here’s a guide before diving into the realm of purchasing a second home. If you’re eyeing a new property while still holding onto your current one, you’re probably treading cautiously through the waters of managing two mortgages simultaneously. Balancing this scenario can be tricky for many buyers and sellers, but with some strategic maneuvering, it…
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2024 Spring Boost In The Housing Market: Biggest Jump In 3 Years
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Key Points: Impact on the Spring Home Shopping Season: Mortgage Rates and Seller Decisions: Home Prices and Market Dynamics: Challenges and Considerations: Buyer Activity and Market Dynamics: Final Thoughts: The housing market is experiencing positive shifts, with increased listings and buyer activity. While sellers are taking advantage of perceived mortgage rate stability, challenges in supply…