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Selling a home has been relatively easy the last few years. The challenge has been finding a new home to buy. With inventories at record lows, many sellers refused to sell their existing home until they found a replacement.
Buying first worked well for most sellers in...
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A comparative market analysis, or CMA, is a real estate agent's evaluation, based on local listing and sales data, to determine the probable sale price of a property in the current market. Sellers can use a CMA to help determine a list price. Buyers can use a CMA to help them...
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Many buyers and sellers find today's real estate market perplexing. Some listings are still selling quickly, even with multiple offers and for more than the asking price. But, other listings are taking longer to sell. Also, price reductions are more prevalent today than they...
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Several decades ago, all the terms and conditions of a residential purchase agreement could fit easily onto one piece of paper. Now we're drowning in paperwork. Unfortunately, this excessive proliferation of paper has led many buyers to pay little attention to it. It's...
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There are a lot of reasons to buy real estate. You can buy with a minimal cash investment. Real estate tends to appreciate in value over time. If you occupy the property, the federal government subsidizes your housing expense with tax write-offs for mortgage interest and...
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The first half of the year was record-breaking for home sales. But, the National Association of Realtors is predicting that the pace of home sales will ease some in the coming months. If so, buyers could find less competition from other buyers than they did earlier this year....
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