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Category: Buyers

    Why This Housing Market Is Not a Bubble Ready To Pop

    By Doug Yopp | May 1, 2022

    Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by... Read More

    Why Foreclosures Won’t Crush the Housing Market Next Year

    By Doug Yopp | August 12, 2020

    With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of... Read More

    Mortgage Rates Hit Record Lows for Three Consecutive Weeks

    By Doug Yopp | July 18, 2020

    Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is... Read More

    Buying A Vacation Property? Now Is A Good Time!

    By Doug Yopp | December 31, 2019

    Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate. For those homeowners staying at their first residence, AccuWeather warns: “The late-week cold shot should fade next week, but... Read More

    4 Tips to Improve Your Home and Save on Your Energy Bill

    By Doug Yopp | December 31, 2019

    As a homeowner, it’s important to keep your home running efficiently, not only to save money, but also to help the environment thrive. October 2nd is Energy Efficiency Day, a perfect time to think about making some key upgrades that will improve the efficiency of your home. If you’re looking to sell your house and... Read More

    Expert Insights on the 2020 Housing Market

    By Doug Yopp | December 31, 2019

    When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to continue. Here’s what three experts are saying we’ll likely see in 2020: Danielle Hale, Chief Economist at realtor.com “I think the biggest surprise... Read More

    How Long Do Things Last?

    By Doug Yopp | September 2, 2019

    Home ownership carries with it many benefits.  One of the “joys” of owning a home, however, is dealing with the replacement of items in the home.  Here is a list of major items, expected life, and the estimated cost of replacement.  This is helpful not only for current owners planning maintenance, but also for buyers... Read More

    Rent Vs. Own [INFOGRAPHIC]

    By Doug Yopp | August 9, 2019

    Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather... Read More

    How Quickly Can You Save Your Down Payment?

    By Doug Yopp | August 2, 2019

    Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data from HUD, Census and... Read More

    Know What To Expect At Your Home Inspection

    By Doug Yopp | July 1, 2019

    So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection.  However, this varies state to state and North Carolina is a buyer beware state. That means the seller isn’t required to make any... Read More