Jenn Pfeiffer
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Blog - The Jenn Pfeiffer Team
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Blog

Pending Home Sales Inch Up in August on Slight Improvement in Housing Affordability

By Aarthi Swaminathan|Realtor.com The numbers: Pending-home sales ticked up in August as a big drop in mortgage rates prompted some home buyers to act. Contract signings in the U.S. rose 0.6% in August from the previous month, according to the monthly index released Thursday by the National Association of Realtors (NAR). Pending home sales reflect transactions where the contract has been signed for an existing-home sale, but the sale has not yet closed. Economists view it as an indicator of the direction of existing-home sales in subsequent months. But home-buying demand remains tepid, despite mortgage rates falling in August and improving housing affordability. The slight increase in contracts signed for homes in...

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Don’t Fall for These Real Estate Agent Myths

From our friends at the kcm blog When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes. As you figure out who you’ll partner with, it’s important to know what to expect and what to look for. Unfortunately, there may be some myths holding you back from making the best decision possible. So, let’s take some time to address those, and make sure you have the information you need to find the right agent for you. Myth #1: All Real Estate Agents Are the Same You...

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Why Buying Now May Be Worth It in the Long Run

From our friends at the kcm blog Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your decision. As soon as you buy, you’ll start gaining equity. And you’d be surprised how quickly that can add up – even with more moderate home price appreciation. Each quarter, Fannie Mae releases the Home Price Expectations Survey. It asks over one hundred economists, real estate experts, and investment and market strategists what they forecast for home prices over the next five years....

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The Down Payment Assistance You Didn’t Know About

From our friends at the kcm blog Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below):Here’s what you need to know to make the most of your down payment in today’s housing market. Amplify Your Down Payment Potential For first-time buyers, the name of the game with down payments is making sure you’re taking advantage of all the resources out there designed to help you. And a bunch of them can get you to your goal faster than you may have thought...

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Is Your House Priced Too High?

From our friends at the kcm blog Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one of the most crucial steps in the selling process. So, how do you know if you’re missing the mark? Here are four signs your high asking price might be turning potential buyers away—and why leaning on your real estate agent is the best way to course correct. 1. You’re Not Getting Many Showings or Offers One of the most...

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