For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner: “…a primary home accounts for 90% of the total wealth of a family […]
Knowledge is Power
January 27, 2021 by ·
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the home buying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 million Millennials and 67 million Gen […]
Property Descriptions- A Language of Its’ Own
November 20, 2020 by ·
Every industry has its own vocabulary. The stock market talks in terms of “share,” “position,” “bid” and “ask.” Real estate is no different. So knowing what Realtors mean with their multiple listing lingo is a timely endeavor when looking for a home. U.S. News & World Report real estate staff writer Luke Mullins fills you in […]
JUST LIVING WITH IT: MOST REAL LIFE HAUNTINGS ARE NO BIG DEAL
October 15, 2020 by ·
While October is the month people traditionally try to creep everyone else out, some live with the creeps all year long and rarely talk about it. According to Forbes’ Brenda Richardson, houses with spooky vibes are not all that uncommon, but it doesn’t necessarily portend an impending “for sale” sign in the front yard. She […]
Guide to COVID-19 Economic Stimulus Relief from cfpb
April 16, 2020 by ·
This is important information that I received from the cfpb (Consumer Financial Protection Bureau) and I wanted to share it. I trust you will share it with those you feel may need this information. Stay well. The majority of Americans will start to see some financial relief in April through economic impact payments being […]
5 Powerful Reasons to Own Instead of Rent
March 8, 2020 by ·
Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in ‘default’ […]
Should I Refinance My Home?
March 1, 2020 by ·
With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest […]
How to Increase Your Equity Over the Next 5 Years
February 15, 2020 by ·
Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers. Here are the results from the Q2 2019 Survey: Home values will appreciate by 4.1% in 2019 The average annual appreciation will be 3.2% over the […]
5 Real Estate Reality TV Myths Explained
February 10, 2020 by ·
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting. When you’re in the middle of your real estate-themed TV show marathon, you might start […]
The Benefits of Growing Equity in Your Home
February 7, 2020 by ·
Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break down three ways this is a win for homeowners. […]
