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Discover key mistakes to avoid when buying or selling a luxury estate to
make your real estate transaction as successful as possible.

Going into 2023, there was a lot of talk about a possible recession that
would cause the housing market to crash. Some in the media were even
forecasting home prices would drop by as much as 10-20%—and that might have
made you feel a bit unsure about buying a home.

Hey there, potential homebuyers! Let’s dive into some key real estate
metrics that can help you better understand the current market conditions.

If you’ve been thinking about buying a home, mortgage rates are probably
top of mind for you. They may even be why you’ve put your plans on hold for
now. When rates climbed near 8% last year, some buyers found the numbers
just didn’t make sense for their budget anymore. That may be the case for
you too.

When you put an offer on a home, you’d want to do everything you can to
make your bid more competitive. One way to do this is through earnest
money. But what is it, exactly? And how much do you need?

If you’re trying to buy a home and are having a hard time finding one you
can afford, it may be time to consider a fixer-upper. That’s a house that
needs a little elbow grease or some updates, but has good bones.
Fixer-uppers can be a really great option if you’re looking to break into
the housing market or want to stretch your budget further. According to
NerdWallet: