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Rents are rising again!!

This morning, the CPI (Consumer Price Index) Report from the U.S. Bureau of Labor Statistics showed that rents for primary residences went up 3.8% from January 2019 to January 2020. We expect rental costs to continue to increase as home prices do. The bottom line is that if you’re tired of renting and the growing costs associated…

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Home Values Keep Going Up

CoreLogic reported today that nationally, home prices rose 0.3% in December and 4% for the year.  Four percent appreciation is amazing! Just think about this for a minute: In Tucson, Arizona, a home that was purchased for $225,000 in January 2019 is now worth $234,000.  That’s $9,000 of equity gained!  With the current low interest…

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Lower Rates!! What to do?

                As interest rates drop and home values go up, many people are taking advantage of refinancing their mortgage into a lower-rate and/or shorter-term mortgage.  This is a great way to save money, both short term and long term, on your mortgage.  There is no magical amount you must lower your rate to make this…

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