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Blog - The Jenn Pfeiffer Team
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Blog

May 31, 2024
Buying

You’ll Never Guess Which Generation Has the Lowest Mortgage Rates

By Keith Griffith | realtor.com A recent breakdown of mortgage rates by generation contains a few surprises, finding that millennials on average secured lower rates than baby boomers. The report earlier this month from Freddie Mac shows that millennials are tied with Gen X for the lowest home loan rate at origination, at 4%. Mortgage rates for boomers are slightly higher, at 4.1%, despite that generation’s much higher propensity for refinancing. For the silent generation, which preceded the boomers, rates average 4.3%. Meanwhile, the youngest adult generation, Gen Z, has the highest average mortgage rate, at 4.9%. That’s likely because the oldest members of Gen Z, who are now 27, are more...

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by Jenn Pfeiffer
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May 30, 2024
Buying

The Biggest Mistakes Buyers Are Making Today

From our friends at the kcm blog Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider. But, there’s one way to avoid getting tripped up – and that’s leaning on a real estate agent for the best possible advice. An expert’s insights will help you avoid some of the most common mistakes homebuyers are making right now. Putting Off Pre-approval As part of the homebuying process, a lender will look at your finances to figure out what they’re willing to loan you for your mortgage. This gives you a good idea of what you can borrow so you can really wrap...

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by Jenn Pfeiffer
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May 29, 2024
Selling

How an Agent Helps Market Your House

From our friends at the Kcm blog You’re ready to sell your house. But what do you need most from your real estate agent? Well, the National Association of Realtors (NAR) asked that very question to recent sellers and found one of the top things they were looking for is help marketing their house to potential buyers. Maybe that’s what you need the most help with too. You expect your real estate agent to write a great description of your house for the listing and pair it with some high-quality photos. But that’s not all you’re going to get when you partner with a great agent. They’ll do a lot more to make...

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by Jenn Pfeiffer
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May 28, 2024
Buying

How Do Climate Risks Affect Your Next Home?

FROM OUR FRIENDS AT THE KCM BLOG Climate change is impacting where people buy homes. As the experts at the National Association of Realtors (NAR) explain: “Sixty-three percent of people who have moved since the pandemic began say they believe climate change is—or will be—an issue in the place they currently live.” If you’re planning to move, climate change is something you might want to consider, no matter where you are. A recent study from Realtor.com helps put the growing impact climate change is having on real estate into perspective (see below): So, how can you be sure your investment is safe from the elements? For starters, work with a local real estate agent to understand the likelihood of your future home being...

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by Jenn Pfeiffer
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May 24, 2024
Buying

How Many Homes Are Investors Actually Buying?

FROM OUR FRIENDS AT THE KCM BLOG Are big investors really buying up all the homes today? If you’re trying to find a house to buy, this may be something you’re wondering about. Maybe you’ve read about it or seen reels on social media saying investors buying all the homes is making it even harder to find what the average buyer is looking for. But spoiler alert – there’s a lot of misinformation out there. To clear things up, here’s the scoop on what’s really happening. A lot of the big investor activity is actually in the rearview mirror already. The Wall Street Journal (WSJ) explains: “Investors of all sizes spent billions of dollars buying homes during...

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by Jenn Pfeiffer
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Jenn@JennPfeiffer.com

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