Wes Dorsey's Blog Posts

Worried About Home Maintenance Costs? πŸ πŸ› οΈ

Worried About Home Maintenance Costs? Consider ThisIf one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some

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What’s Next for Home Prices and Mortgage Rates? πŸ€”

What’s Next for Home Prices and Mortgage Rates?If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home

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Is It Getting More Affordable To Buy a Home? πŸ πŸ“‰

Is It Getting More Affordable To Buy a Home?Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is

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Should Baby Boomers Buy or Rent After Selling Their Houses? πŸ‘ΆπŸ 

Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider.

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What Experts Project for Home Prices Over the Next 5 Years 🏠

If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen

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Planning to Retire? Your Equity Can Help You Make a Move πŸ§‘β€πŸ’»πŸ 

Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is 

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Mortgage Rates: Past, Present, and Possible Future πŸ“ˆπŸ€”

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a

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Expert Home Price Forecasts Revised Up for 2023 πŸ€”

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was

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Buyer Traffic Is Still Stronger than the Norm πŸ’ͺ🏠

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are

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How Inflation Affects the Housing Market 🏠

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high

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Gen Z: The Next Generation Is Making Moves in the Housing Market πŸ πŸ“ˆ

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and

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People Want Less Expensive Homes – And Builders Are Responding 🏠

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of ,

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Don’t Expect a Flood of Foreclosures 🏠

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating

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Equity Is a Game Changer for Homeowners Looking To Sell πŸ πŸ“ˆ

If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate 

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Where Are People Moving Today and Why??

Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the;

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The Value of an Agent When Buying Your New Construction Home πŸ”¨πŸ 

Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the

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Four Ways You Can Use Your Home Equity πŸ πŸ’°

If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan.

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Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC] 🏠

Some HighlightsWant to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows

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How Inflation Affects Mortgage Rates πŸ’°

When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your

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How To Know If You’re Ready to Buy a Home 🏠

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates;

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Sellers: Don’t Let These Two Things Hold You Back ✌️

Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to

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Pricing Your House Right Still Matters Today πŸ’°πŸ“ˆ

While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That&rsquo

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Tips for Making Your Best Offer on a Home 🏠

While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale

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Homebuyers Are Still More Active Than Usual.

Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In,

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Don’t Fall for the Next Shocking Headlines About Home Prices.

If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no

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Explaining Today’s Mortgage Rates...

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy

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Homebuyers Are Getting Used to the New Normal!

Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today&rsquo

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Home Prices Are Rebounding πŸ πŸ“ˆ

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because

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Momentum Is Building for New Home Construction βš’οΈπŸ 

If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And,

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How Remote Work Expands Your Homebuying Horizons πŸ’»

Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you;

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The Benefits of Downsizing for Homeowners [INFOGRAPHIC] β¬‡οΈπŸ 

Some HighlightsDownsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs.Downsizing

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Today’s Housing Inventory Is a Sweet Spot for Sellers 🍬🎯

One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing

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Two Questions To Ask Yourself if You’re Considering Buying a Home 🏠

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a

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Evaluating Your Wants and Needs as a Homebuyer Matters More Today πŸ€”πŸŽ―

When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic. Mortgage rates impact how much it costs to borrow money for your home loan.

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Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC] πŸ”‘πŸ’ͺ

Some HighlightsAn agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process.They’ll explain what’s happening today, what

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Where Will You Go If You Sell? Newly Built Homes Might Be the Answer. πŸ βš’οΈ

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You're not alone, but there’s some good news

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Lending Standards Are Not Like They Were Leading Up to the Crash πŸ€”πŸ”‘

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are

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Why Homeownership Wins in the Long Run πŸ‘Ÿ

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this

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The True Cost of Selling Your House on Your Own πŸ’°πŸ 

Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of

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What Homebuyers Need To Know About Credit Scores 🎯

If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to

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Why Buying or Selling a Home Helps the Economy and Your Community πŸ’°πŸ 

If you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life, but also your community.The National Association of Realtors (NAR) releases a report

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Your Needs Matter More Than Today’s Mortgage Rates πŸ πŸ€”

If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision

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Are Home Prices Going Up or Down? That Depends… ⬆️⬇️

Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For

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This Real Estate Market Is the Strongest of Our Lifetime πŸ’ͺ

When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime

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The Main Reason Mortgage Rates Are So High πŸ“ˆ

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home

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Keys to Success for First-Time Homebuyers πŸ”‘

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but,

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Today’s Real Estate Market: The β€˜Unicorns’ Have Galloped Off πŸ¦„

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or

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The Benefits of Selling Now, According to Experts πŸ€”πŸ’ͺ

If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That&rsquo

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Owning a Home Helps Protect Against Inflation πŸ πŸ’°

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your

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Why Buyers Need an Expert Agent by Their Side πŸ€πŸ§‘β€πŸ’»

The process of buying a home can feel a bit intimidating, even under normal circumstances. But today's market is still anything but normal. There continues to be a very limited number of homes for

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Powerful Job Market Fuels Homebuyer Demand πŸ’ͺπŸ“ˆ

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger.One way we

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What You Need To Know About Home Price News πŸ“°πŸ€”

The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate

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The Worst Home Price Declines Are Behind Us πŸ πŸ“ˆ

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s

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The Impact of Inflation on Mortgage Rates πŸ πŸ€”

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing

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Why Today’s Housing Market Is Not About To Crash πŸ’₯πŸš€

There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the

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It May Be Time To Consider a Newly Built Home πŸ”¨

If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit

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Reasons To Sell Your House Today [INFOGRAPHIC] πŸ€”πŸ 

Some HighlightsNot sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now.Your house will stand out because inventory is

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How Homeowners Win When They Downsize πŸ“‰πŸ†

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a

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Buyer Activity Is Up Despite Higher Mortgage Rates πŸ“ˆπŸ‘€

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer

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A Recession Doesn’t Equal a Housing Crisis πŸ€”πŸ‘€

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help

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Why Buying a Home Makes More Sense Than Renting Today πŸ€”

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because,

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Ways To Overcome Affordability Challenges in Today’s Housing Market. [INFOGRAPHIC]

Some HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.You can also work with a trusted

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Why Today's Foreclosure Numbers Are Nothing Like 2008 πŸ“ˆπŸ€”

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about

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The Three Factors Affecting Home Affordability Today πŸ“ˆ

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since

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What Are the Experts Saying About the Spring Housing Market? 🌼🌻

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the

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The Power of Pre-Approval βœ…

If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have

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What’s the Difference Between a Home Inspection and an Appraisal? πŸ πŸ”πŸ πŸ’°πŸ€”

If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step

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What’s the Difference Between a Home Inspection and an Appraisal? πŸ”πŸ“ˆ

If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step

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5 Reasons Millennials Are Buying Homes πŸ πŸš€

In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of

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Think Twice Before Waiting for Lower Home Prices πŸ€”

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they

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🏠 Home Inspections for Sellers: What You Need To Know [INFOGRAPHIC]

Some HighlightsThe inspection is a major part of the home selling process.Many buyers used to waive inspections to be more competitive with their offer, but recently, inspections and repairs are

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Want To Sell Your House This Spring? Price It Right. πŸ’°

Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most

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The Big Advantage If You Sell This Spring 🎯

Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares:“. . . the big question is

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🌻Homebuyer Activity Shows Signs of Warming Up for Spring🌻

The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for

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The Key Advantage of Investing in a Home 🏠 [INFOGRAPHIC]

Some HighlightsBuying a home is a major way to build wealth and gain financial stability.That’s why, across different income levels, the largest part of most homeowners’ net worth is

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Trying To Buy a Home? Hang in There!

We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile

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Why Aren’t Home Prices Crashing??

There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid

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Two Reasons You Should Sell Your House This Spring

Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked

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How Homeownership Is Life Changing for Many Women πŸ‘©

Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women 

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Benefits of Getting Pre-Approved for a Mortgage

As a real estate expert, I highly recommend getting pre-approved for a mortgage before beginning your home search. This will give you a clear understanding of your budget and enable you to focus

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Listing Your Home for the Best Price

If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from 

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