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Spoonies Corner – A Carter Real Estate Group

Interest Rates

The Main Key To Understanding the Rise in Mortgage Rates

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The Main Key To Understanding the Rise in Mortgage Rates Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press…
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August National Housing Report

Pending Home Sales Recover 8.1% in August

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Pending Home Sales Recover 8.1% in August National Association of REALTORS WASHINGTON (September 29, 2021) – Pending home sales rebounded in August, recording significant gains after two prior months of declines, according to the National Association of Realtors®. Each of the four major U.S. regions mounted month-over-month growth in contract activity. However, those same territories…
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Texas 87th Legislature Laws

How New Texas Laws Affect You

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How New Texas Laws Affect You What the laws of the 87th regular session of the Texas Legislature means for you and real estate.  Read the September 1, 2021 law changes to Windstorm Insurance, Eminent Domain and Pipelines, Business Regulations, Property Management, Homeowners Associations, A/C Warranties, and Special Purpose Districts.   Eminent Domain SB 721 …
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Remote Work

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

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Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need? A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased…
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What Buyers and Sellers Need To Know About the Appraisal Gap

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What Buyers and Sellers Need To Know About the Appraisal Gap It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common…
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Vacation HOme

What To Do with Your Vacation Home as Summer Ends

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What To Do with Your Vacation Home as Summer Ends As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021.…
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His and Her Renovations

The Best Use of Time (and Money) When It Comes to Renovations

The Best Use of Time (and Money) When It Comes to Renovations In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what…
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Are Houses Less Affordable Than They Were in Past Decades?

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Are Houses Less Affordable Than They Were in Past Decades? There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today…
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The Community and Economic Impacts of a Home Sale

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The Community and Economic Impacts of a Home Sale If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They…
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