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Happy Lunar New Year

恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and […]

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January Sees Continued Inventory Growth at a Steady Pace

U.S. housing supply rose 10% year-over-year but growth has slowed for nine months, with inventory 17.2% below pre-pandemic levels. Pending home sales increased 1.2%, aided by lower mortgage rates. Median list price held steady at $399,900, while price per square foot fell 1.6%. Inventory gains were modest across regions, with many metros moving further from

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Common first-time homebuyer mistakes to avoid

Comparing mortgage offers is key to saving money on interest and fees. Get preapproved before house hunting to know your budget and strengthen offers. A 20% down payment isn't always required; some loans need as little as 3%. Avoid emotional decisions, overbuying, and making big purchases before closing. Research loan options, maintain an emergency fund,

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Will 2026 Be the Year for First-Time Homebuyers?

Rising inventory, falling interest rates, and lower prices in many markets make 2026 promising for first-time homebuyers. Listings have increased significantly, with new construction expected to rise. Home prices are falling in some areas, while mortgage rates have dropped below 6.25%, potentially reaching 5.9%. Buyers should prepare by improving credit, saving for down payments and

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Housing Market Outlook 2026 Rebalances

Home sales rebound: Economists expect roughly 14% higher sales as inventory improves and lock-in effects fade. Prices rise modestly: National home prices forecast to grow about 2–3%, supporting stability without overheating. Inventory expands: Listings are up around 20%, easing competition and reducing bidding-war pressure. Market balance returns: Buyers gain negotiating power while sellers face more

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Housing Affordability Could Make Improvements in 2026

Housing affordability may improve slightly in 2026 due to moderating mortgage rates. Mortgage rates are expected to settle in the low-6% range, easing some buyer pressure. Home prices will continue rising but at slower, more manageable rates than recent years. New home construction faces cost, labor, and permitting challenges, slowing single-family starts. Government policies and

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Why Housing Remains Structurally Stable

Post-2008 safeguards hold: Stricter lending standards reduce default and foreclosure risks significantly. Persistent housing shortage: Long-term underbuilding continues to support prices nationwide. Demographic demand strong: Millennials entering peak buying years underpin long-term demand. Balanced market signals: Slower sales, longer listings, and price cuts reflect normalization—not distress.

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