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Maybe Just Refinance
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The housing market is way out of whack at the moment, for a few reasons: One is the difficulty of showing a house, with open houses verboten due to you know what. Another is how Millennials are suddenly snapping up properties. And there's the tightening of credit based on trepidation by lenders concerned that a mortgage-seeker might suddenly be unemployed. But the third wild card is this: With housing prices up, sellers are wondering where they're gonna go. If you're downsizing, maybe that's one thing. But if you want to move to a nicer home, and you know that while you might get a nice amount for your present home, it's gonna cost you a lot more for a new place to live, you might hesitate. And that's where we are. (Buffalo News)
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