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Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024

Wondering what 2024 holds for the U.S. real estate market?

 

We’ve rounded up economists’ predictions for the coming year:

💰 Home prices will remain relatively stable

📉 Mortgage rates will finally start to drop

🧑 More buyers and sellers will return to the market

🏘️ Housing inventory will remain tight

 

Check out our latest blog post to learn what these trends could mean for you!

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“Buy Nothing” to Furnish Your New Home

Outfitting a new home? Local reuse communities could help you keep costs down.

Members of BuyNothing.org or Freecycle.org groups post items that they no longer need and are willing to give away. Here are 3 benefits to participating:

🎁 Furnish your home for less.
There’s no cost to join and all items offered must be completely free.

📦 Get rid of items you no longer need.
Pay it forward by posting your own possessions that you are ready to pass on.

♻️ Reduce your environmental impact.

By reducing your consumption and waste, you can help protect the planet.

Want more great ways to save money on home furnishings and decor? Visit our blog!

🔗 https://www.linkedin.com/pulse/35-tips-furnish-your-new-home-less-chris-hyatt-g3imc

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Avoid these 4 Credit Score Mistakes

Planning to buy a home? It’s time to get your credit score in order. 

Make sure to avoid these common mistakes:

❌ Ignoring your credit report.
Check your credit report to make sure there aren’t any errors or signs of identity theft.

❌ Closing accounts.
Doing so can bring down the average age of your credit, which impacts your score.

❌ Paying the minimum due.
This can drive up your credit utilization rate, which is the amount of available credit you’re using.

❌ Making late payments.
Set up automatic payments to avoid this risk entirely.

Wondering if your credit score is high enough to secure a mortgage? Reach out for a referral to a mortgage professional who can help you find out. 

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Income Properties Are Trending, But Is Landlord Life for You?

Investing in real estate has long been one of Americans’ favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned by individual investors rather than corporations, according to Census data.

Americans have historically embraced real estate, in part, because of the strong return on investment it can offer—especially to investors willing to stick with a property over time.

But how do you know if you’re well-suited to take advantage of these real estate investment opportunities? Here are three signs that owning a rental property could be right for you.

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Renovate or Relocate?

Are you trying to decide whether to renovate your current home or relocate to a new one?

If so, you need to watch this video to find out why so many of our clients are choosing to move!

Then, check out our latest blog post for the 3 vital questions to ask yourself before you decide.

🔗https://www.linkedin.com/pulse/renovate-relocate-3-questions-help-you-decide-chris-hyatt

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Renovate or Relocate? 3 Questions To Help You Decide

Does your current home no longer serve your needs?

If so, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there’s a lot to consider—including potential costs, long-term financial implications, and quality of life.

So which is the better option for you? Let’s take a closer look at some of the factors you should consider before you decide. Click here or on the image above.