Market Updates

May 14, 2021

4 Big Incentives for Homeowners to Sell Now

4 Big Incentives for Homeowners to Sell Now

 

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key ...

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May 11, 2021

Are Interest Rates Expected to Rise Over the Next Year?

Are Interest Rates Expected to Rise Over the Next Year?

 

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a ...

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April 26, 2021

To Renovate or Not To Renovate Before You Sell

To Renovate or Not To Renovate Before You Sell

 

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal ...

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April 23, 2021

What It Means To Be in a Sellers’ Market

What It Means To Be in a Sellers’ Market

 

 

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time to make sure your house is available for ...

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April 21, 2021

How a Change in Mortgage Rate Impacts Your Homebuying Budget

How a Change in Mortgage Rate Impacts Your Homebuying Budget

 

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac ...

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April 16, 2021

There’s No Reason To Panic Over Today’s Lending Standards

There’s No Reason To Panic Over Today’s Lending Standards

 

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and ...

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April 12, 2021

Our Proven Strategy

May be an image of 1 person and text that says 'HOT MARKET IS NOW! LIST YOUR HOME... SELL FAST AND HIGH AND STAY IN YOUR HOME UNTIL YOU FIND YOUR NEXT HOME! WE HAVE A PROVEN STRATEGY THAT WORKS... CALL NOW, DON'T WAIT! NO Brenda Cuoco #teamCUOCO GET AN INSTANT PROPERTY VALUE NOW AT: Associates www.wmasshomevalue.com Real Estate Brokerage New Location Coming Soon 714 Bliss Rd.. Longmeadow, MA 413.333.7776'

 

 

🔥 Ask us about our Proven Strategy? 🔥

 

 

 

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April 7, 2021

Are you looking to Buy or Sell?

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💐🏡 Are you looking to BUY or SELL this Spring?🏡💐

What are you waiting for! We have the the backbone of expertise in the market place to get your home SEEN & SOLD or help negotiate a home in the marketplace at the BEST possible price! 🌟🤩

Call our office ...

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March 31, 2021

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

 

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine ...

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March 26, 2021

What Credit Score Do You Need for a Mortgage?

What Credit Score Do You Need for a Mortgage?

 

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending ...

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