Team Fosgate
Trusted News From The Experts

Chris Fosgate Chris Fosgate

Why a Condo Could Be Your Perfect First Home

Considering your first home purchase? Discover why a condo might be the perfect choice for you. With a lower entry cost, built-in amenities, and less maintenance, condos offer a smart way to build equity and enjoy homeownership. Learn about the rising popularity of condos and townhomes and explore how this could be your gateway to the real estate market.

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Chris Fosgate Chris Fosgate

Buying Beats Renting in These Top Cities

Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment. Make sure you work with a pro who can help you crunch the numbers and see how your city stacks up. This may be your opportunity to forget renting for good. If you want to see which option makes the most sense in our area, let's do the math together.

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Chris Fosgate Chris Fosgate

How Much Does It Cost To Sell My House?

If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost. To be honest, the final number will depend on several factors like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more. So, to give you a ballpark of what to expect, here’s some information on a few of the expenses you’ll want to be ready for

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Chris Fosgate Chris Fosgate

Two Reasons Why the Housing Market Won’t Crash

Amid concerns about the economy and whispers of a recession, fears of a housing market crash might be looming. However, this article explains why the current real estate market conditions are vastly different from those that led to the 2008 crash. Discover two major reasons—strong demand against low supply, and low unemployment rates—that support a stable housing market unlikely to see a crash anytime soon. Dive into expert insights and data-driven analysis to understand why the housing market remains robust despite economic uncertainties.

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Chris Fosgate Chris Fosgate

Why Now’s Not the Time To Take Your House Off the Market

Thinking about pulling your house off the market? Think again. Learn why the current real estate environment makes it advantageous to keep your listing active. This article explains how the seasonal decrease in competition, coupled with the presence of serious, ready-to-act buyers, creates a prime opportunity for sellers. Understand why those who stay the course may be better positioned to sell quickly and at a favorable price, despite others choosing to wait until next year. Connect with a real estate expert to strategize effectively and take advantage of the current buyer interest.

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Chris Fosgate Chris Fosgate

Now’s the Time To Upgrade to Your Dream Home

Considering upgrading to your dream home? Discover why the current market conditions make this the ideal time to sell your current home and move up. Learn how significant home equity gains and lower mortgage rates can enhance your purchasing power, making it easier than ever to afford a bigger or more luxurious home. This article delves into how these factors combine to create a favorable environment for buyers looking to upgrade. Connect with a real estate professional to explore your options and maximize your investment.

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Chris Fosgate Chris Fosgate

The Top 3 Reasons Affordability Is Improving

Affordability is based on three key factors: mortgage rates, home prices, and wages. And today, it's improving quickly as rates come down, prices level off, and wages climb. If you put your search on pause because it was too expensive to buy, let's talk about why now may be the perfect time to jump back in.

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Chris Fosgate Chris Fosgate

Home Values Rise Even as Median Prices Fall

Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story.

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Chris Fosgate Chris Fosgate

Secrets To Selling Your House Quickly

Struggling with a slow-moving property in a shifting market? This article provides essential tips on how to sell your house quickly, emphasizing the importance of choosing the right real estate agent. Learn about competitive pricing, improving your home's condition, and offering attractive incentives to stand out. Discover how a strategic approach, backed by a knowledgeable agent, can accelerate the sale process, ensuring your home doesn’t linger on the market. Connect with a local expert to implement these proven strategies and achieve a faster sale.

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Chris Fosgate Chris Fosgate

This Is the Sweet Spot Homebuyers Have Been Waiting For

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long.

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Chris Fosgate Chris Fosgate

Buying Beats Renting in 22 Major U.S. Cities

Discover why in 22 of the 50 largest U.S. metro areas, buying a home is now more affordable than renting, according to a recent Zillow study. This article delves into the factors contributing to improved affordability, such as decreasing mortgage rates and moderating home prices. Learn how these changes could influence your decision to buy, especially if you've been renting. Explore the financial benefits of homeownership, including the potential to build equity, and why now might be the perfect time to consider making a move in the housing market.

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Chris Fosgate Chris Fosgate

Buy Now, or Wait?

If you're wondering if you should buy now or wait, here's what you need to know. If you wait for rates to drop more, you'll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you'd get ahead of that and have the chance to start building equity. Should you buy now or wait? Let's talk through it together, so you can make your best decision.

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Chris Fosgate Chris Fosgate

Don’t Fall for These Real Estate Agent Myths

Explore the truth behind common misconceptions about real estate agents and learn how choosing the right agent can significantly impact your home buying or selling experience. This article addresses myths such as all agents being the same, the idea that you can save money by not using an agent, concerns about agents pushing for higher spending, and misunderstandings about market conditions. Discover why a skilled, knowledgeable agent is essential in navigating the complexities of the real estate market and ensuring the best possible outcome in one of the most significant financial decisions of your life. Connect with a trusted professional today to guide you through your real estate journey.

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Chris Fosgate Chris Fosgate

Why Buying Now May Be Worth It in the Long Run

Considering buying a home? This article discusses why purchasing now might be beneficial in the long run, especially as home equity continues to grow. Learn from the latest Home Price Expectations Survey, which predicts steady home price increases through 2028, suggesting potential significant equity gains for today's buyers. Understand how current mortgage rate declines could make this the right time to buy to maximize future financial returns. Connect with a real estate professional to explore how these trends could impact your decision and help build your wealth through homeownership.

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Chris Fosgate Chris Fosgate

Is Your House Priced Too High?

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different.

But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one of the most crucial steps in the selling process.

So, how do you know if you’re missing the mark? Here are four signs your high asking price might be turning potential buyers away—and why leaning on your real estate agent is the best way to course correct.

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Chris Fosgate Chris Fosgate

Lower Mortgage Rates Boost Your Buying Power

Mortgage rates are trending down and that’s great news for your bottom line. As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power. If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down.

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Chris Fosgate Chris Fosgate

Falling Mortgage Rates Are Bringing Buyers Back

Witness the resurgence of buyer interest as mortgage rates begin to fall, creating an opportune moment for sellers to list their homes. This article examines the impact of recent Federal Reserve rate cuts and their influence on mortgage rates, detailing how these changes are encouraging more buyers to re-enter the market. Learn how this increased activity could translate to higher offers and quicker sales for your property. Explore expert insights on the future of the housing market and consider why now might be the perfect time to sell your home.

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Chris Fosgate Chris Fosgate

The Latest Builder Trend: Smaller, Less Expensive Homes

Discover how builders are addressing affordability concerns by focusing on smaller, less expensive homes. This article explores the shift towards building smaller single-family homes, a trend driven by current market demands for more budget-friendly housing options. Learn about the incentives builders are offering, such as mortgage rate buydowns, which can further enhance affordability for homebuyers. With insights from industry experts, understand how this trend could benefit you if you're planning to buy a home soon. Connect with a real estate professional to explore new, efficient homes in your desired area.

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Chris Fosgate Chris Fosgate

Mortgage Rates Drop to Lowest Level in over a Year and a Half

Mortgage rates have significantly decreased, reaching their lowest point since February 2023, presenting a prime opportunity for potential homebuyers who've been on the sidelines. This article details how the recent drop in rates can enhance your purchasing power, illustrating the impact with a comparative analysis of monthly payments on a $400K loan now versus earlier this year. Discover how you can save hundreds on your monthly mortgage payment and why now might be the perfect time to buy. If you're ready to take advantage of these lower rates, connect with a real estate expert to explore your options.

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Chris Fosgate Chris Fosgate

The Best Time To Buy a Home This Year

Discover why the week of September 29 to October 5 is identified as the best time to buy a home in 2024. This period offers a combination of favorable market conditions including high inventory, moderated prices, and reduced competition, making it the ideal time for potential homebuyers to make their move. Learn how recent trends in mortgage rates and home inventory levels contribute to this window of opportunity. If you’re considering entering the housing market, understand why this specific week could be your optimal time to buy. Connect with a real estate expert to prepare and take full advantage of this sweet spot in the market.

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