Second-Home Sales Surge Due To Remote Working

By: Gem Home Loans

The number of Americans working remotely skyrocketed after the coronavirus took hold last March. And with newfound freedom to work from anywhere, how and where we live began to...

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What Will You Pay In Property Tax?

By: Gem Home Loans

Among the costs of homeownership, property tax may be the easiest to overlook. Prospective home buyers already have to think about their down payment, closing costs, and monthly mortgage...

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Consensus Is To Sell Now!

By: Gem Home Loans

When there are more home buyers than homes for sale, that’s a seller’s market. Homeowners can get top dollar for their homes, since buyers have fewer options to choose...

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Extreme Weather Affecting Buying Decisions

By: Gem Home Loans

One of the primary purposes of a house is protection from the elements. After all, we all want to feel safe at home – and shelter from harsh weather...

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Pending Home Sales Slow In February

By: Gem Home Loans

The National Association of Realtors’ Pending Home Sales Index measures the number of contracts to buy homes that are signed each month. Because contract signings precede closings by several...

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Despite Hikes, Rates Remain Low

By: Gem Home Loans

Mortgage rates have recently started to increase again, after hovering at or just above record lows for months. And with most economists predicting the economy will boom – as...

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Average Home Sale In February – 20 Days

By: Gem Home Loans

The typical home for sale was on the market just 20 days in February, according to new data released by the National Association of Realtors. That’s a record low...

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Will Demand Go Down Now That Home Building Has Stopped?

By: Gem Home Loans

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development shows the number of new homes that began construction in February was 10.3...

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