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Real Estate Information |
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Conditions Are Right For Buying The Higher Priced Home You'Ve Always Wanted
Higher interest rates and home prices in the past have kept home owners from purchasing larger homes. The current real estate market conditions, however, are encouraging for many home owners who want to "buy up" to higher priced homes with more to offer. If you are considering trading up for a larger and more expensive home, conditions for doing so couldn't get much better. Interest rates are the lowest they've been in two decades, and home prices in many regions are the most affordable they've been in years. You should consider a few factors before reaching a decision to trade up:
Obviously, you'll need to sell your current home before getting serious about trading up to a new one. A healthy real estate market indicates that you'll have little trouble selling your existing home. The national Association of Realtors reported in August that sales of existing single-family homes are rising steadily, especially among first-time buyers. Affordable home prices and low interest rates could make the starter home you purchase several years ago particularly attractive. If you can afford the up-front cost, you may want to consider switching the fixed-rate mortgage on your old house for an adjustable rate on a new one. This could allow you to trade up without increasing your monthly payments. The type of mortgage you choose also depends on how long you plan to stay in your new home. A good mortgage lender can advise you on whether a fixed-rate is an advantage is you're planning on staying for more than 10 years. A fixed-rate may be better for long term owners who don't want to worry about rising mortgage payments. Trading up may not be worth the move if you're planning on living in the new home for only a couple of years. You might have to stay three to five years for your house to appreciate enough to recoup the closing costs. Conditions for a move-up haven't been this good in many years, and you may not want to wait much longer to consider it. An experienced real estate broker can help you decide if buying a new house now is a good investment for you. About The Author W. Troy Swezey is the author of "CONDITIONS ARE RIGHT FOR BUYING THE HIGHER PRICED HOME YOU'VE ALWAYS WANTED." As a Realtor at Century 21 Paul & Associates, he has helped many individuals with their real estate needs. Visit his web site to download his free e-book, "REAL ESTATE SECRETS EXPOSED." http://www.TroyIsMyRealtor.com or mail to: TroyC21@usa.net
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How Browsing Home Listings Is About to Change. Barron's Real estate firms Compass and Anywhere complete $1.6B merger Westfair Communications 35 years of the SDSU Extension Farm Real Estate Market Survey Tri-State Livestock News Real Estate Agents Receive Special Offer Outlook Newspapers What Reffkin told agents after Compass-Anywhere deal closed RealEstateNews.com Americans are changing where they're moving. Here's how that could affect commercial real estate CNBC Real Estate 101: Getting to be Bill The Rome News-Tribune Real estate sales in Peoria, Tazewell, Woodford counties Jan. 10, 2026 Peoria Journal Star How did the Compass-Anywhere deal get cleared so quickly? RealEstateNews.com Polymarket, Parcl launch real estate prediction market National Mortgage News Dawson County weekly real estate transactions, Jan. 5-9 Central Nebraska Today Fed unlikely to cut rates again after lackluster jobs report RealEstateNews.com Major blow for Cleveland real estate giant: Judge hands control of iconic building to receiver Cleveland.com ‘Presence’ CRM surfaces key client data; RentSpree embeds banking tools RealEstateNews.com EdwardsAbstractAgentOne Brings Real-Time Clarity to Real Estate Conversations Texas Border Business All-Cash Deals Dominated Manhattan’s Real Estate Market in 2025 The New York Times Docs Offer Inside Peek At Compass' War Against "Organized Real Estate" Inman Real Estate News Berkshire County Real Estate Transactions for Dec. 22-26 The Berkshire Eagle Alexandria Real Estate Equities (ARE) Is Up 10.2% After Dividend Cut And LIC Impairment - Has The Bull Case Changed? simplywall.st The deal is done: Compass and Anywhere have officially merged Inman Real Estate News Westmoreland County Real Estate Transfers The Latrobe Bulletin MI Dream Home: Estate just right for the golf lover The Detroit News Matthew Gardner breaks down top 2026 real estate predictions Houston Agent Magazine COMMENTARY: Midland’s Real Estate Market Report - 2025 Review Midland Daily News See how much homes prices rose in Middlesex County recently MetroWest Daily News See how much homes prices rose in Broome County recently Press & Sun-Bulletin Compass wraps acquisition of Anywhere Real Estate National Mortgage News $1.15 million Union home sale among the week's top property transfers Cincinnati Enquirer NYSCRF Deploys $1.3B in Q3, Anchored by Major Real Estate and Credit Strategies www.connectmoney.com Trump kicks off 2026 with 2 major housing-related mandates RealEstateNews.com What's the most expensive property sold in RI? Jan. 9 real estate transactions. The Providence Journal EG Real Estate: 8 New Listings & 1 Sold Property East Greenwich News BMO Healthcare Real Estate Provides Acquisition Financing for 156-Unit Seniors Housing Property in California REBusinessOnline Compass completes $1.6B acquisition of Anywhere Real Estate The Business Journals 2026 Commercial Real Estate Trends J.P. Morgan Jan. 2-9 Gulfport Real Estate Sales The Gabber Newspaper McGlinchey Corporate, Real Estate Team Moving to Adams and Reese Following Failed Merger Talks Law.com Pinellas Beaches Real Estate Jan. 2-9 The Gabber Newspaper Real estate trends to watch in 2026 Sacramento Appraisal Blog See how much homes prices fell in Newport County recently Newport Daily News Marion County property tax deadline is coming Feb. 5 The Marion Star See how much homes prices held steady in Orange County recently Times Herald-Record ARE Investors Have Opportunity to Lead Alexandria Real Estate Equities, Inc. Securities Fraud Lawsuit PR Newswire See how much homes prices fell in Tompkins County recently The Ithaca Journal Exclusive | Benefit Street Partners Amasses $10 Billion for Real-Estate Credit Deals The Wall Street Journal Opportunity Knocks: This Week's Industry Hires And Moves Inman Real Estate News Suncadia shuts down in-house brokerage, opens door for outside agents The Business Journals 2026 Real Estate Outlook in the Small Town, Big Demand of Sulphur Springs Front Porch News Texas See how much homes prices rose in Fond du Lac County recently fdlreporter.com Former Division 1 football players open Field Commercial Real Estate in Southlake Community Impact | News |
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