Steve Baker's Blog Posts

Multigenerational Households May Be The Answer To Price Increases

Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by

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LIMITED TIME ONLY HOLIDAY INCENTIVE

LIMITED TIME ONLY HOLIDAY INCENTIVE!!$5,000 Exterior Living Package!See listing here: 1026 Ledge Wood Lane • Clover, SC 29710$619,900 • Beds: 4 • Baths: 4 • 3,590 sqft • 2 full#

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Low Inventory Causes Home Prices To Maintain Fast Growth

The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained

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Renting Or BuyingEither Way Youre Paying Someones Mortgage

There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents

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How To Save On A Mortgage Payment Whether Buying Or Selling

In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study

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The 1 Reason To List Your House NOW

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were

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Millennials Flock Towards Low Down Payment Programs

A report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less.The trend continued among all buyers with a

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5 Reasons To Hire A Real Estate Professional When Buying Or Selling

Whether you are buying or selling a home, it can be quite an adventurous journey. This is why you need an experienced real estate professional to guide you on the path to your ultimate.

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Hiring An Agent To Sell Your House May Cost You NOTHING

There is no doubt that it is easier to sell your house when using the services of a local real estate professional. The agent will provide: Greater exposure to more buyers The skills of a

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Moving Up To A Luxury Home Now Is The Times

View this home for sale in Clover SC: Click HereIf your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data 

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Buying Remains Cheaper Than Renting In 39 States

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas

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Thinking Of Selling You Should Do It TODAY

That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST

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4 Reasons To Sell This Fall

Some Highlights: Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available! Housing inventory is still under

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Net Worth Of Homeowners 44X Greater Than Renters

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013

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Millionaire To Millennials Buy A Home Now

In a CNBC article, self-made millionaire David Bach explained that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator

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The Mortgage Process What You Need To Know INFOGRAPHIC

Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the

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The Truth About Homeowner Equity

A recent article from a reputable news source was titled: Here’s why some homeowners still can’t sell. In the opening bullets of the article, the author claimed, “Negative equity is one of the

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A Tale Of Two Markets A 6 Month Update

Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets.In the starter and

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Which Homes Have Increased In Value The Most

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the

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Should I Buy A Home Now Or Wait Until Next Year INFOGRAPHIC

Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac

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Thinking Of Selling Your Home Competition Is Coming

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau

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What To Look For In Your Real Estate Team

How do you select the members of your team who are going to help you make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or

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More Than Half Of All Buyers Are Surprised By Closing Costs

According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage.After surveying 1,000 first-time

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Why Are So Few Homes For Sale

There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of,

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Home Sales Expected To Increase Nicely In 2018

Freddie Mac, Fannie Mae, andThe Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales for

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5 Reasons To Sell This Fall

Here are five reasons listing your home for sale this fall makes sense.1. Demand Is StrongThe latest Buyer Traffic Report from the National Association of Realtors (NAR) 

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Top 5 Reasons Why Millennials Choose To Buy INFOGRAPHIC

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space,

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Report Homeownership Is A Precondition Of The American Dream

Hearth just released their 2017 State of the American Dream report which showed that Americans still see homeownership as an integral piece of the American Dream. The report confirmed

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Happily Ever Homeowner

Married couples once again dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers. It is no surprise that

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Looking For Your Dream Home Know What You Want Vs What You Need

In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search.If you’ve been thinking about buying a

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4 Reasons To Buy A Home This Fall

Here are four great reasons to consider buying a home today, instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest Home Price Index reports that home prices have

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How Supply And Demand Impacts Real Estate Home Values INFOGRAPHIC

Some Highlights: The concept of supply & demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high! Anything under a 6-month

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America Needs Your House

The biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue

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Homeowners Do You Know Your Homes Value

The latest edition of CoreLogic’s Home Price Index shows that nationally, home prices have appreciated 6.7% over the last year and 0.9% month-over-month. The release of the report

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Home Discovery Event 1026 Ledge Wood Lane

Home Discovery Event!Details Here:  Open House • Sat • Sept 23rd • 2:00 pm - 4:00 pmWrite yourself into the pages of this home’s story starting at Chapter 1.  Final Stages of New

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How Your Homes Value Grows Your Familys Wealth

Over the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home

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14904 Homes Sold Yesterday Did Yours

There are some homeowners who are patiently waiting to get the price they hoped for when they originally listed their houses for sale. Something these homeowners might want to take into

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Top 5 A Reasons To Hire A Real Estate Pro INFOGRAPHIC

Some Highlights: Hiring a real estate professional to buy your dream home, or sell your current house, is one of the most ‘educated’ decisions you can make! A real estate professional has the

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Empty Nesters Best To Remodel Or Time To Sell

Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make:Remodel your house to fit your

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Number Of Buyers Putting Down Less Than 10 Hits 7 Year High

According to Black Knight Financial Service’s Mortgage Monitor Report, 1.5 million Americans have purchased a home with down payments under than 10% over the last 12 months. This is

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Tueday PalettePIC

Our PalettePIC’sTM are whole-room color solutions!We’ve made the difficult choices for you. Simply match the colors from our palettes to the paints, furniture, items & accents you select for

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Study FSBOs Dont Save Real Estate Commission

One of the main reasons why For Sale By Owners (FSBOs) don’t use a real estate agent is because they believe they will save the commission an agent charges for getting their house on the

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Home Prices Up 664 Across The Country INFOGRAPHIC

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both

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Dont Disqualify Yourself 52 Of Approved Loans Have A FICO Score Under 750

The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market

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Where Are The Home Prices Heading In The Next 5 Years

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.Every quarter, Pulsenomics surveys a

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Hey Millennial Homeowners It May Be Time To Sell

Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most

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What State Gives You The Most Bang For Your Buck INFOGRAPHIC

Some Highlights: Thinking of moving across the country? How far will your money take you? The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and

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Homeowners Net Worth Is Still Greater Than A Renters

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which

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Homes Are Selling Quickly Nationwide

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 28 days in

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Sellers Your Home Is An Oasis In An Inventory Desert

First-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality. Unfortunately for many, the

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58 Of Homeowners See A Drop In Home Values Coming

According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction”

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Why Is It Important To Use A Professional To Sell Your Home

When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers,

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Tuesday Featured Listing

Spaciousness is the defining characteristic of this lovely listing!Click Here to See This Listing Online301 Windsong Drive, Gastonia, NC 28056$255,000 | 5 Beds | 4.5 Baths | 3,335 sqft | .58

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More Boomerang Buyers Are About To Enter The Market

We previously informed you about a study conducted by TransUnion titled, “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that

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Write Yourself Into The Pages Of This Homes Story

Write yourself into the pages of this home’s story starting at Chapter 1. Be the first to enjoy this stately custom home currently in the final stages of construction. This soon-to-be

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