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6 strategies to get more from your MLS searches

Housing Wire

Real estate agents and brokers , are you relying solely on that buyer drip you set up for your motivated and qualified clients? Today we’ll show you how to deploy 6 creative ways to get more from your searches so you can get those buyers in contract faster. Are your buyers being more proactive than you are?

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Homeowners are staying in place twice as long as they did 20 years ago: Redfin

Housing Wire

For that group, the median monthly cost of owning a home — which includes insurance and property taxes, among other things — is just over $600 (similar to the monthly cost for other generations with no outstanding mortgage, but other generations are far less likely to own homes free and clear),” the report stated.

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How to Appeal Your Property Taxes in King County

Will Springer Realtor

Property owners across the region should, by now, have received the tax notice to pay 50% of the levy by each due date – May 1 and Oct. Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell.

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Closing costs: Here’s how much money you really need to buy a house

Housing Wire

These expenses vary state-by-state, due to the differences in property and transfer tax, as well as rates charged by different attorneys and lenders. On average, closing costs equal about 1 to 4% of your home’s value, which isn’t something most home buyers are usually aware of. Property Tax.

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Mortgage rates inch closer to 7%

Housing Wire

For buyers of a median-priced home, the monthly mortgage payment—assuming a 20% down payment—amounts to about $2,300, not including property taxes and insurance,“ said Ratiu. Some buyers have turned to new construction to secure a home, and builders are ramping up their workforces to complete projects.

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How to grow housing supply in 2021

Housing Wire

months, builders will halt the rate of growth for new construction plans as they did in 2018 and again for a brief period this year. months, the builders are ok with construction as long as new home sales grow. 2) Tighten lending standards, so there are fewer buyers that qualify for the existing inventory. If supply goes over 6.5

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A look at Knoxville’s hot housing market

Housing Wire

But broker Renee Humme, with Prime Mountain Properties , said the lower property taxes, mountains and surrounding scenery, and low cost of living are the main draws for most of her clients. “Most of my clients are from out of state wanting to own second homes or investment properties here,” she said.