Greenwood Real Estate News

Dec. 7, 2016

4 Reasons to Buy Your Dream Home This Winter

As winter moves in and temperatures are cooling down, you may expect the housing market to do the same. However, this couldn't be further from the truth. Now is a great time to buy your dream home in Greenwood. Here are four reasons why you should consider acting now …

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Dec. 2, 2016

New Home Sales Race to Keep Up with Demand

As you can see, many buyers searching for their dream homes have turned to new home construction after 10% of all new home buyers stated that their reason for buying was that they were met with a lack of inventory of existing homes. The median home price decreased …

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Dec. 1, 2016

5 Reasons Why Homeownership is a Good Financial Investment

As explained by Tulia's Chief economist, Ralph McLaughlin, "Owning a home is one of the most common ways households build long-term wealth, as it acts like a forced savings account. Instead of paying your landlord, you can pay yourself in the long run through paying down a mortgage …

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Nov. 29, 2016

5 Reasons to Hire a Real Estate Professional When Buying & Selling

Whether you are buying or selling, you will need an experienced Real Estate professional to lead you to your ultimate goal. There are 5 reasons you need a professional on your side that have been strengthened by the projected higher mortgage interest rates and home prices as the market continues …

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Nov. 22, 2016

Homes Are Selling Fast Across the Country!

The NAR's REALTORS Confidence Index indicates the strength of the housing market based on a monthly survey sent out to over 50,000 real estate practitioners. The participants are asked about their expectations for home sales, prices, and market conditions. As you can see, homes sold in less than …

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Nov. 17, 2016

Why You Shouldn't Wait Until After the Holidays to Sell

Many home owners decide to wait until after the holidays to put their homes on the market. However, there are 6 great reasons not to wait to sell your home:

1. There are plenty of relocation buyers who may have kids and want to get them …

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Nov. 1, 2016

The Mortgage Process Doesn't Have to be Scary!

Halloween has come and gone. It is time to take the fear out of the mortgage process! Many potential buyers are concerned about mortgage qualification and shy away from jumping into the Greenwood real estate market due to their uncertainty about the buying process. We want to make …

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Oct. 27, 2016

Mortgage Rates by Decade Compared to Today

The interest rate you secure for your mortgage has a big influence on your monthly housing costs. Below, you can see the average mortgage rate and payment by decade compared to 2016. 

As you can see, the 30 year fixed mortgage rates in the 1980s averaged in …

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Oct. 25, 2016

The Real Estate Market Is Back!

The Greenwood Real Estate Market is thriving, and so are markets all over the nation. Below are seven graphs showing that now is a great time for real estate.

As you can see, distressed property sales have reached their lowest number since NAR began collecting data in …

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Oct. 20, 2016

The Great News About Rising Prices

In some areas of the country, the supply of homes for sale has been unable to keep up with buyer demand, causing prices to rise. Many have expressed concern over whether or not home prices are accelerating too quickly. However, the good news about rising prices is that they …

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