Bidding Wars More Common Than Not In Today’s Housing Market

By: Gem Home Loans

There are different types of competition. Some are more enjoyable than others. Competition on a golf course, for example, can be fun, while in the housing market, competition can...

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One Positive To 2020? Home Prices Up Everywhere

By: Gem Home Loans

The monthly mortgage payment on the typical single-family home is now $1,059, according to new third-quarter data from the National Association of Realtors. Up $27 from last year, the...

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Good News! Interest Rates To Remain Low in 2021

By: Gem Home Loans

Favorable mortgage rates have helped the housing market handle affordability challenges, low inventory, and coronavirus. With record low rates counteracting continuing price increases, demand from home buyers has stayed...

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Housing Market’s Strength Lies in Equity

By: Gem Home Loans

Everybody knows about the economic damage the coronavirus pandemic has caused. But while the virus disrupted the overall economy, the housing market has showed remarkable resiliency. In fact, by...

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Just Like Sales, Home Showings Drastically Up

By: Gem Home Loans

There is a lot of real estate data devoted to tracking buyer demand. Reports covering home sales, contract signings, and builder confidence are all, in one way or another,...

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Pass Go And Collect More Than $200

By: Gem Home Loans

If you’re a homeowner thinking about selling your house, you’re in luck. Today’s market is good for selling and, according to new numbers from ATTOM Data Solutions, it only...

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Home Payments More Affordable Than Ever

By: Gem Home Loans

Home prices can be deceiving. After all, the sales price of a home isn’t really the number that matters most to a prospective home buyer. The monthly mortgage payment...

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Is The Tide Turning? Contracts To Buy Fall In September

By: Gem Home Loans

The National Association of Realtors’ Pending Home Sales Index measures the number of contracts to buy homes signed each month. It’s an important barometer of housing-market health because it...

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Even Though It’s A Seller’s Market, Many Homeowners are Waiting.

By: Gem Home Loans

In today’s market, there are more home buyers than there are homes available for sale. In other words, it’s a seller’s market. But despite favorable conditions for sellers, the...

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