Here’s what you need to know about the government’s new first-time homebuyer incentive program.

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What do you need to know about the government’s new first-time homebuyer incentive program? Is it something you should take advantage of?

Before I answer that question, I first want to say that I think it’s wonderful that our government is trying to stimulate the first-time homebuyer’s market. This market is critical to the health of our market overall because it’s the start of an important domino effect—entry-level homes need to sell so everything else can sell.

However, in order to qualify for this incentive program, you have to fall within certain parameters.

First, you must be a…

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What kind of market are we in right now? Allow me to explain today by sharing an update on current happenings, as well as a few common terms that will help you better understand what’s going on.

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Have you ever heard a real estate agent use the phrase “absorption rate”? What about the terms “buyer’s market” or “seller’s market”? And if you have, do you know what kind of market we’re in?

Parsing out the meaning behind real estate jargon can be difficult for those who don’t work in this industry, so allow me to give you a quick lesson on these terms and phrases today, followed by an update on what kind of market we’re facing at a local level. Knowing what each of these things mean will make…

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