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New Report: Saving 20 Percent to Buy a Home Takes 20 Years on Average; Over 1 Million Avoided the Wait in 2018 by Using Private Mortgage Insurance When Forbes looked at home maintenance and repair costs in 2018, they suggested that you should set aside 1 percent of the home’s purchase price for each of the first five years after it’s built.2 Things You Need to Know to Properly Price Your Home According to realtor.com, "the share of homes which had their prices cut increased by 2% compared to last year". Thirty-seven out of the 50 largest US housing markets saw an increase in overall price reductions. In today’s market, you need an expert agent who can help price your house right from the start.

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