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Stretching to Get a Better Home

It is refreshing to see buyers planning to be in their next home for the next 10 – 20 years. With high interest rates and increasing home prices, some buyers are skipping past starter homes. It’s not just about square footage, but the quality of the space and the location. Buyers stretch their budgets to get a better home, to be in a nicer neighborhood, and with room to grow. Buyers feel confident that there will be opportunities to refinance for a better interest rate in the future, knowing this may be one of the last homes they may own before retirement.

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