Real Estate Blog - Blog Archive: February, 2025

 

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This beautiful condo in Springville offers the perfect blend of modern living and convenience. Featuring a sleek, updated kitchen with stainless steel appliances, it's ideal for those who love to cook and entertain. The main floor location means no stairs to climb, making it easy to come and go. As a corner unit, it's filled with natural light, creating a warm, inviting atmosphere throughout the day. Whether you're relaxing at home or hosting guests, this condo has it all-style, comfort, and practicality.

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The spring selling season is the 
busiest time in real estate,
and now is the time to prepare! 

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Check Your Credit: Credit repair can take as little as three months. Paying down credit card balances under 30% utilization (10% is even better!) and keeping accounts open can improve your score.
Build Credit Wisely: If you don’t have credit yet, consider opening a card with a major bank – but avoid retail or gas cards, which lenders may not view as favorably.
Know Your Leverage: Higher mortgage rates mean more negotiating power for buyers. Price cuts are happening, and motivated sellers are making deals! 

 

 

 

Price Strategically: With buyers gaining more negotiating power, setting the right…

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HERE'S SOMETHING TO CONSIDER:

Home prices are expected to keep rising for at least the next five years. According to recent forecasts, home values are expected to increase by an average of 3-4% annually.

That means the longer you wait, the more you’ll pay for the same home in the future.


BUT, HERE'S THE GOOD NEWS:

If you buy now, you lock in today’s price and start building valuable equity as prices continue to rise. Purchasing a $400,000 home today could mean gaining over $83,000 in equity by 2029!



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