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For buyers35 Blog Posts

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rent

Buying costs much less than renting.

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted this study, this is the first time that it was […]
Matt Morano
30
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new-home-1664284_960_720

NOVEMBER SALES REPORT

The November new homes sales report for the Lake Norman area was up compared to the same time last year.  The largest gains were found in Davidson, as sales spiked over 200%!  This is largely due to buyers flocking to Westbranch by Lennar Homes.  Looking at the graph below, we see that the largest market for new […]
Matt Morano
36
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fico

Home buying myths.

Two home buying myths holding back buyers.  1.) You need 20% down. Programs are available that allow them to put down as little as 3%. Many renters may actually be able to enter the housing market sooner than they ever imagined with programs that have emerged allowing less cash out of pocket. 2.) You need […]
Matt Morano
45
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new

Why buy a new construction home?

Why buy a new construction home?  Consider this:  there is much uncertainty when you search exclusively for resale homes. The baseline price is unknown- meaning what price will the seller take? What will the inspector find? Might the seller fix anything? How about deferred maintenance issues that may surface after you move in? How much […]
Matt Morano
107
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Build Custom

3 Things To Know About Buying New Construction

Imagine your first weekend in a new home; a home without nasty smells leftover from the previous occupants, no smudged baseboards, and a sparkling clean refrigerator that has never held leftovers. The only thing you need to do this weekend is relax and enjoy your new home. Buying new construction affords you this opportunity. Sure, there are […]
Matt Morano
30
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toes

Getting pre-approved should always be your first step.

One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. In many markets across the country the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace […]
Matt Morano
59
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Free list Mooresville (Time 0_00_00;00)

Free list of new homes in Mooresville

Get your free list of new construction move-in-ready homes in Mooresville in the $200,000 to $400,000 price range. Or, if you prefer, tell me where you want your new home and I’ll email you what’s available! Click here for the list. This is a great time of year to buy.  Incentives from area builders can […]
Matt Morano
168
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hottest topic in real estate

WHAT IS THE HOTTEST TOPIC IN REAL ESTATE?

What is the hottest topic in real estate today?  It’s the lack of inventory of homes for sale.  Look at the chart below. The downward trend for inventory began in late 2011 as the housing crisis eased. At that time we had about 12 months of inventory.  It was a buyer’s market in every way.  […]
Matt Morano
17
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