There are so many financial and health challenges to concern ourselves with today, it’s no wonder that more buyers are stressed and getting shut out of the market due to the doubling of rates and still very low inventory and lack of choices this year.So many of our younger generation are depresse
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10/20/2022
0As you search for that hard-to-find, special, first-time, or move-up home, is it all about the home or the neighborhood, or both? I believe the most crucial item for families with children or about to have children is the school system. Obviously, your budget comes into play, so you can only
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10/12/2022
By Philip A Raices - September 29, 2022 0 We are still in the middle of our hurricane season and if you watch TV, listen to the news, or read a paper, hurricanes have become more deadly every year. Just look at Puerto Rico. Five years after Hurricane Maria smashed the island, along came Hurri
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09/29/2022
It’s obvious that our real estate market has changed with the increase in our mortgage rates. It has become either unaffordable for many or psychologically difficult because fear has set in to keep you on the sidelines. However, you now have to decide what to do. Is renting really a more prud
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09/22/2022
Some still downplay and believe that we aren’t yet in a recession. But as history has shown us two-quarters of negative GDP, which we experienced in the first half of this year, indicates that we are technically in one right now and it’s getting worse.Will it deepen into a situation that is far m
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09/17/2022
Inflation is here and probably will be staying with us much longer than we expect or want. The excessive printing of money from 2020-2022 was greater than all the money printed in the past 200-plus years.The unrestrained availability of money in the market with the historically low-interest rates
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09/07/2022
Here is a little history as to why people were forced to do short sales and the reasons behind it all. About 18 years ago, most subprime mortgages began their slide to an “underwater” position, meaning their value was greater than the market value of the financed home! That is what is meant by “u
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09/02/2022
The Inflation Reduction Act (H.R. 5376), introduced by Senators Chuck Schumer, (D-NY) and Joe Manchin (D-WV) was passed by both houses of Congress and signed by President Biden on August 16. It became a compromise for the much larger Build Back Better plan, which was introduced to assist in figh
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08/23/2022
Creating a viable and successful open house today requires some changes and pivoting to attract slowly changing buyer demand. It is becoming a bit more challenging to find that elusive and motivated purchaser with cash offers or who is qualified with a pre-approval from their lender.The feedback
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08/22/2022
