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Spoonies Corner – A Carter Real Estate Group

What You Should Do Before Interest Rates Rise

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What You Should Do Before Interest Rates Rise In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider…
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Why This Isn’t Your Typical Summer Housing Market

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Why This Isn’t Your Typical Summer Housing Market In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to…
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A Look at Home Price Appreciation Through 2025

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A Look at Home Price Appreciation Through 2025 Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing…
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What To Expect as Appraisal Gaps Grow

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What To Expect as Appraisal Gaps Grow In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more…
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5 Things Homebuyers Need To Know When Making an Offer

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5 Things Homebuyers Need To Know When Making an Offer When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal.…
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Vacation Homes

Vacation Homes Are a Hot Commodity

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Vacation Homes are Selling Buyers flooded the real estate market in the second half of 2020 through April 2021 in search of a vacation home. Vacation home sales are posting double-digit growth as the pandemic has encouraged more consumers desiring a second home and more flexibility for remote work to take the leap. Vacation home…
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Should I Move or Refinance?

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Should I Move or Refinance? The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain…
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Legislative Update

Texas Legislative Happenings impacting Real Estate

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Legislation is moving quickly in these final days. Following are status updates as of 1 p.m. CDT on Friday, May 28 for several bills that are advancing thanks to REALTOR® support! Eminent Domain Reform REALTOR®-supported House Bill 2730 (authored by Rep. Joe Deshotel) makes several changes that make the eminent domain process more fair and…
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