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Showing posts with the label Buying Home

Housing Report and 2024 Predictions

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  Central Ohio November Housing Report and 2024 Predictions. In Central Ohio new builds and homes for sale/listings expected to remain low, ensuring 2024 a will continue a Sellers Market. In that light, Rents and Home Sales Prices expected to maintain steady with slower increases than last few years increases—noting interest rates slightly down, however rents and sales prices are not predicted to be  coming down. See National Report from Zillow ,  remember our Ohio Market is not average. Low housing inventory —that is homes for sale and new build inventory  —-will keep home prices rising.  National News  Home values, mortgage costs tick down Year-over-year growth in the Zillow Home Value Index (ZHVI) continues to climb, though that hides more recent home price trends. With mortgage rates still above 7% for prime borrowers in November, ZHVI’s monthly growth rate went more negative than is typical in November.  The typical home in the U.S. is worth $347,415. The typical monthly mortgage

Financial Apps: Is Now the Best Time?

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  Mortgage Payment App Calculate payments  continue  here Cost of Waiting to Buy App I may hold off buying now,  calculate cost  here Rent V Own App  Buying a home can be confusing, calculate the cost of Rent v Own  here Buying Can Be Confusing Get a professional on your side to give you all the information so you can make informed decisions. Get Buyers Guide  here Interest Rate Affects Price Calculate how interest rates affect the monthly payment, calculate  here Why Rent? Can I Buy? Contact Connie, no obligation, let’s find out if you can buy, if not now, I will help you come up with a plan for future purchase! Name Email* SEND This site is protected by reCAPTCHA and the Google  Privacy Policy  and  Terms of Service  apply.

Interest Rates: Hike or Not Hike, that is the question

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  The Fed's pivot from 'maybe more hikes' to 'cuts next year' had the markets in ecstasy. The Dow and S&P 500 hit all-time records. The yield on the 10-yr US treasury went below 4%. And average 30-year mortgage rates fell to 6.6%. That's a decrease of nearly 150 bps (1.5%) in just two months. ListReports  

Higher Interest Rates: Better to Rent? Not Necessarily

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  It could still be costing you more to rent than to own considering renters don't benefit from a home's appreciation and natural amortization of a fixed-rate mortgage.

New Homeowner: 8 Costly Missteps Homeowners Make

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How not to make money mistakes as a homeowner.   The keys to your home are in hand.Finally, you can install your dream patio.You can paint the walls without losing your security deposit.Heck, you could knock out a wall. You’re  soooo  ready to be a homeowner.So ready in fact,  you’re about to make some costly mistakes. Wait, whaaat? “You have to rein it in and be smart,” says Daniel Kanter, a homeowner with five years under his belt. Especially in your first year, when your happiness, eagerness (and sometimes ignorance) might convince you to make one of these eight mistakes: #1 Going With the Lowest Bid The sounds your HVAC system is making clearly require the knowledge of a professional (or perhaps an exorcist?).But you’ve been smart and gotten three contractor bids, so why not go with the lowest price?You might want to check out  this story from a Michigan couple . Rather than going with a remodeler who’d delivered good work in the past, they hired a contractor offering to complete t

Move Meter

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Time to dream: Considering a move to Worthington, Sunbury or further? No matter where your dreams take you, the   CB® Move Meter   provides you a side-by-side comparison of the cost of living, quality of life and even job market strength for your  hometown vs. cities all across the U.S.  --Connie Sadowski, Realtor MOVE METER START HERE

How to Know If a House Is Right for You

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  Did You Just Find Your Dream Home? Here's How You Can Tell. BY   ELIZABETH WEINTRAUB It's normal to be cautious when you're shopping for a home. After all, a house is a huge investment, and you'll want to be sure that you're making the best decision possible. How you'll know that you’ve found the right property can vary by person. Some people have gut instincts. Others may need more convincing. Some indicators can tell you if you've found the right property for you. 10 Ways to Know You've Found the Right House It can be as simple as a strong tug because the place reminds you of another in your past where you felt happy, and you'll realize that right off the cuff. But the tell—or tells—could be a bit more subtle. You want to go inside the house.  Is the home in your preferred area, close to the places important to you, school, work, shopping, away from all that. What is important to you? Part of the excitement of looking at homes is not knowing whic