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Most aspiring buyers say finances are blocking homeownership

A new FICO survey found that 74% of prospective homebuyers said financial barriers kept them from purchasing a home this year, with high prices and interest rates topping the list. The share rose to 85% among first-time buyers, while nearly 6 in 10 Americans said they do not fully understand the homebuying process.

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When a listing lingers, start with the data

Before recommending a price change, listing agents should review the home’s marketing, buyer feedback and comparable listings. A clear record of exposure can help sellers understand what the market is showing and make the next step feel less emotional.

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VA loan knowledge can open more doors

Military buyers and sellers face unique financing, legal and timing issues, from VA loans and BAH income to assumptions and SCRA protections. Agents who understand those details can help them avoid costly mistakes and make better use of benefits many still leave untapped.

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