Gregory Dorrell's Blog Posts

How Long Will the Current Interest Rate Dip Last?

Is the Recent Dip in Interest Rates Here to Stay?Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned

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Save Thousands of $$$ On Your Mortgage Loan

How to Save Thousands of Dollars in Interest on Your MortgageOne of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the

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Four Reasons To Sell In The Winter

4 Reasons to Sell Your House This Winter [INFOGRAPHIC]Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one

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2008 Vs. Now: Are Home Owners Using Their Homes as ATM's?

2008 vs. Now: Are Owners Using Their Homes as ATMs Again?Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of

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What to Expect From Interest Rates in 2019

Where Are Interest Rates Headed in 2019?The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why

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Homeowners Over 65 Have 48 Times More Net Worth Than Renters

Homeowners Aged 65+ Have 48x More Net Worth Than RentersEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all

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Four Reasons To Purchase a Home This Winter!

4 Reasons to Buy A Home This Winter!Here are four great reasons to consider buying a home today instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest Home Price&

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Don't Let Closing Costs Surprise You

Buyers: Don’t Be Surprised by Closing Costs!Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are

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Do You Currently Rent? You may have Been Misinformed!

75% of Renters Have Been MisinformedRecently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the

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Why is Housing Supply Increasing

Why Has Housing Supply Increased as Sales Have Slowed Down?According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of

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Buying a Newly Constructed Home

5 Tips When Buying a Newly Constructed HomeThe lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of

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Two Myths Holding Back Home Buyers

2 Myths Holding Back Home BuyersUrban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,

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The Difference and House Will Make This Fall

The Difference an Hour Will Make This Fall [INFOGRAPHIC]Every Hour in the US Housing Market: 596 Homes Sell278 Homes Regain Positive EquityMedian Home Values Go Up $1

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Here's Why You Need A Pro in Your Corner

Thinking of Selling Your Home? Here’s Why You Need A Pro in Your CornerWith home prices on the rise and buyer demand still strong, some sellers may be tempted to try and sell their

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Buying a home is not "Spooky"

Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]Some Highlights:Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to

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Where are Home Values Headed over the Next Few Years

Where are Home Values Headed over the Next Few Years?There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We

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How much of a downpayment do you really need to purchase a home?

Still Think You Need 15-20% Down to Buy a Home? Think Again!According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready

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Housing is Still Affordable in the United States

Housing Is Still Affordable in the United States!Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.

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Will Home Prices Continue to Increase

Will Home Prices Continue to Increase?There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this

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20 Tips for Preparing Your House for Sale This Fall

Some Highlights:When listing your house for sale, your top goal will be to get the home sold for the best price possible!There are many small projects that you can do to ensure this happens!Your

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5 Tips for Your New Home Search

5 Tips for Starting Your Home SearchIn today’s real estate market, with low inventory dominating the conversation in many areas of the country, it can often be frustrating to be a first-time

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Baby Boomers are Downsizing, Are You Ready?

For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?Here’s what some of the

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Pre-Approval: Your 1st Step to Home Ownership

Pre-Approval: Your 1st Step in Buying a HomeIn many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led

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Are We About to Enter a Buyers’ Market?

Are We About to Enter a Buyers’ Market?Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening.

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2 Factors to Watch in Today's Real Estate Market

When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of

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Dispelling the Myth About Home Affordability

Dispelling the Myth About Home Affordability Thursday October 11th, 2018  Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market UpdatesWe

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New Home Sales Up 12.7% From Last Year

New Home Sales Up 12.7% From Last Year Wednesday October 10th, 2018  First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, 

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What’s Going On With Home Prices?

What’s Going On With Home Prices? Tuesday October 9th, 2018  First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, PricingAccording to 

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The True Cost Of NOT Owing Your Home

The True Cost of NOT Owning Your Home Monday October 8th, 2018  First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. BuyOwning a home has great financial

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Buying a Home Is CHEAPER IN Washington than Renting

Some Highlights:According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country.In six states the difference between buying & renting would

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