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A Homeowner’s Net Worth Is 40x Greater Than a Renter’s
One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, especially with such low interest rates! Every three years the Survey…
Read MoreBIGGEST Marketing Mistakes When Selling a Home Right Now
The COVID pandemic has disrupted just about every aspect of life. But despite the stay-at-home mandates and social distancing, real estate is still on the move and prices have remained steady. Selling today is different than just a few months ago, however. Below are a few of the most common mistakes I keep seeing… Mistake:…
Read MoreHome Office Space is More Desirable Than Ever
For years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you: home offices. In a recent article by George Ratiu, Senior Economist with realtor.com, he notes how listings with an office are selling quickly: “As more companies…
Read MoreMillennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]
Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong. More and more “old millennials” (ages 25-36) are realizing that…
Read MoreYour Tax Refund Could Be The Key To Homeownership!
According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a home in 2019, this can be a great…
Read MoreHousing Will Not Fall Victim to Next Economic Storm
Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away (2020?). The question is, what impact will a recession have on the housing market? Here are the opinions of several experts on the subject: Ivy Zelman in…
Read MoreThinking of New Construction? Yes, You Should Have An Agent
The allure of new construction – a brand new home, finishes you picked out, and the peace of mind that you won’t have to do any upgrades in the foreseeable future. While the reward is great, the construction process can be overwhelming and cumbersome for most buyers. And one of the biggest mistakes buyers make…
Read MoreLack of Inventory Slowing Home Sales
Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 31% of all sales in August. Homes are selling quickly with 51% of homes on the market for less than a month. A limited supply continues to drive up prices for the 66th consecutive…
Read MoreThe Home Selling Roadmap
Start with the Right Real Estate Agent The first step is picking the right agent, someone who knows your area, current market trends, and someone that you will click with personality wise. Your agent should be able to provide you with current sales data as well as recently sold comparative homes to guide…
Read More5 Reasons To Hire A Real Estate Professional When Buying Or Selling
Whether you are buying or selling a home it can be quite an adventurous journey, which is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner (or FSBO). The 5…
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