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5 predictions for the 2022 housing market

Housing Wire

And if three hikes in the federal funds target come to pass, initial rates on ARMs, HELOCs and construction loans (often linked to the bank prime) will likely increase from one-half to three-quarters of a percentage point. for 30-year fixed-rate loans. 2022 should be a strong year for housing.

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6 Simple Graphs Proving This Is Nothing Like Last Time

Keeping Current Matters

New construction isn’t making up the difference in inventory needed. Some may think new construction is filling the void. Looking back at the bubble years, house prices exceeded house-buying power in 2006, but today house-buying power is nearly twice as high as the median sale price nationally.”. Bottom Line.

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How Much Equity Do I Have in My Home? Here’s How to Calculate Home Equity

Redfin

One of the benefits of homeownership is building equity – the amount of the home you actually own. Home equity can be used to help you buy a new home, make improvements to your house to increase its value, or pay off debts. So, how do you calculate how much home equity you have? How is home equity calculated?

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Is a Housing Market Crash Possible in 2021?

RIS Media

With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down—in other words, are we headed for another housing market crash? 3: Most Homeowner’s Cushion—Equity. Let’s take a closer look. Factor No.

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Another Look at if We are Headed for a Real Estate Bubble

Realty Biz

As the market again plows bullishly upward into unaffordable home prices, the most likely cushion from a full market meltdown this time will be stricter bank loan regulations and homeowner equity. The housing bubble bust of 2008 resulted in almost 10 million Americans losing their homes to foreclosures and short sales.

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Building a Guest House 101: Get Your Accessory Dwelling Unit Up and Running

HomeLight

The base costs for permits, design, utility connection, plumbing, and construction raise the project price before square footage even comes into play. With prefab, you skip the stress and financial unpredictability of construction. You can then put this cash toward the cost of constructing your guest house. Garage conversion.

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How to Increase Home Value for an Appraisal

HomeLight

Whether you’re thinking about selling your home, borrowing from your home equity, or canceling private mortgage insurance (PMI) , it’s worth considering how to increase home value for an appraisal. For example, any homes that were foreclosures or short sales may be considered bad comps. What decreases a home appraisal?

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