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Over Half of All Buyers Are Surprised by Closing Costs




Over Half of All Buyers Are Surprised by Closing Costs | Keeping Current Matters

According to a recent survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage.

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How Long Do Most Families Stay in Their Home?




How Long Do Most Families Stay in Their Home? | Keeping Current Matters

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.

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The Impact of Homeownership on Family Health




The Impact of Homeownership on Family Health | Keeping Current Matters

The National Association of Realtors recently released a study titled ‘Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans:

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Are You 1 of the 59 Million Planning to Buy This Year?




Are You 1 of the 59 Million Planning to Buy This Year? | Keeping Current Matters

According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017.

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US Housing Market Is Moving into ‘Buy Territory’!




US Housing Market Is Moving into 'Buy Territory'! | Keeping Current Matters

According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.

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