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Kansas Housing Market Stats – January 2018

Kansas Housing Market Stats – January 2018 FEBRUARY 21, 2018 BY HEATHER GRAY “Inventories...

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Steven Burch
by Steven Burch

Why You Should Sell Your Home in 2018

Housing markets should remain tight this year, but 2018 may be a great time to profit as a home...

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Steven Burch
by Steven Burch

The NextHome Franchise Launches 11 New Locations in January

THE NEXTHOME FRANCHISE LAUNCHES 11 NEW LOCATIONS IN JANUARY By Imran Poladi   --  February 7,...

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Steven Burch
by Steven Burch

Tax Benefits of Home Ownership

Tax Benefits of Home Ownership U.S. taxpayers have enjoyed specific tax benefits for home ownership since personal income tax was introduced by the 16th amendment in 1913. While these benefits may not be the primary reason that motivates a person to buy a home, they are still tangible and not available to tenants. The exclusion […]

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Steven Burch
by Steven Burch

What a Difference 50 years Makes

What a Difference 50 years Makes In 1966, a gallon of gas was $0.32 and today, it is $2.49. A dozen eggs were $0.60 but they’ve only doubled to $1.33. A gallon of milk was $0.99 and today, it costs $3.98. You could send a letter for five cents and now, it costs forty-seven cents. […]

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Steven Burch
by Steven Burch

Can 0.5% Really Equal 5%?

Can 0.5% Really Equal 5%? Since the election, rates have started going up and it will have a direct effect on the cost of housing. There is a rule of thumb that a ½% change in interest is approximately equal to 5% change in price. As the interest rates go up, it will cost you […]

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Steven Burch
by Steven Burch

Time May Be Running Out

Time May Be Running Out During the Great Recession, some homeowners elected to rent their home rather than sell it for less than it was worth. IRS tax code allows for a temporary rental of a principal residence without losing the exclusion of capital gain based on some specific time limits. During the five year […]

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Steven Burch
by Steven Burch

How Long Do Families Stay in a Home?

The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average […]

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by Bre Farrell

All Treats Day – Junction City, KS

Check out this great video from the All Treats Day Parade!  

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by Bre Farrell

Three Questions to Ask Before Buying Your Dream Home

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following 3 questions to […]

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by Bre Farrell

An Easy Way to Find the Perfect Real Estate Agent

There is a plethora of real estate information available today in the news and on the internet. It can be extremely confusing at times. If you are thinking of buying or selling, you need an agent who can help make sense of this rapidly evolving housing market. You need an agent who can help you […]

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by Bre Farrell

4 Tips to Determine How Much Mortgage You Can Afford

4 Tips to Determine How Much Mortgage You Can Afford By knowing how much mortgage you can handle, you can ensure that homeownership will fit in your budget. Homeownership should make you feel safe and secure, and that includes financially. Be sure you can afford your home by calculating how much of a mortgage you […]

The post 4 Tips to Determine How Much Mortgage You Can Afford appeared first on STEPHANIE NEWLON - REALTOR®.

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Stephanie Newlon
by Stephanie Newlon

Picture This!

Listing photos may be one of the most important marketing efforts that lead to a potential buyer. Nearly, all buyers use the Internet during the home search process. They usually start looking at homes online before they contact an agent. It’s far more efficient to screen properties by looking at the pictures that have been […]

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by Bre Farrell

What’s Stopping You?

The majority of tenants say they’d like to own a home but continue to pay rent and missing out on financial and emotional advantages. There seems to still be a lot of misinformation in the marketplace. There are a number of programs for low or no down payment options. Veterans can get into a home […]

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by Bre Farrell

Increase the Marketability of Your Home

The seller has three tools available to affect the marketability of their home: price, condition and terms. Price is the easiest to adjust for the competing properties, amount of inventory or market conditions. However, lowering the price is not necessarily the best decision when trying to maximize the proceeds of sale. If a home is […]

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by Bre Farrell