We all have our own vision of how we’ll one day retire, from whiling away our days with our grandkids to hitting the pickleball courts every morning, to joining the Rolling Stones on tour (because they will never, ever go away). One dream, however, is common to three quarters of older adults: They want to stay in their current home. For […]
6 Renovations For a ‘Forever Home’ Read More »
A market correction comes about when interest rates intersect with buyers ability to purchase driving down their purchase power. As a result of that phenomenon, home values make a correction. The projected correction is 10% which means a property currently on the market for $500,000 would sell for $450,000. We are seeing corrections in
What Impact Will a Market Correction Make? Read More »
At the moment, we are in the middle of a ‘hat trick’ with economic factors. If you are familiar with hockey, you know that hat trick means there are three things going on. Those three things going on in the current economy are: inflation is rising interest is rising savings are falling The factual reality
Questions on the State of the Economy … Read More »
The number one question to ask yourself is why you are an investor in the real estate market. Are you or have you invested to have monthly income from your rental property? Or, have you purchased to fix and flip? It’s important to note that fixing and flipping is not investing. It is purchasing wisely
The Housing Market From an Investors Perspective. Read More »
What does the increase in interest rates do to real estate values? Welcome to the June wrap and a closer look at the market as we move full speed into summer. So let’s look at what is true … – Interest rates are up. – Home values are beginning to flatten. – Inventory is continuing
Is the Market Finally Slowing Down? Read More »
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you
Home Price Deceleration Doesn’t Mean Home Price Depreciation Read More »
There are more choices and more options than there were even 30 days ago. Reach out to collaborate on what’s new and the impact for your situation. As we, undoubtedly, have crossed into a new frontier of market, and some will be frustrated with the change, I am reminded of something a guy said awhile
A New Shift Requires a New Thinking Read More »
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits
Why This Housing Market Is Not a Bubble Ready To Pop Read More »
In A Nutshell . . . If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more
What Is Multigenerational Housing? Read More »
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you’ll
What You Need To Budget for When Buying a Home Read More »
