Posts Tagged ‘real estate’
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 MoreThe Overlooked Financial Advantages of Homeownership
There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for…
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 More5 NEGOTIATING TACTICS THAT KILL A SALE
Negotiation is a subtle art in real estate, but skilled negotiators can usually find some common ground that satisfies all parties. On the other hand, using the wrong negotiation tactics can sink a deal pretty quickly. Here are some negotiation tactics buyers (and real estate professionals) should avoid: Lowball offers:Going far below market value when…
Read MoreWHY YOU NEED TO WORK WITH A BUYER’S AGENT
The home buying process can be exciting and fun, but also complicated, stressful, and overwhelming. Maximize your chance of success and minimize the amount of time spent trying to keep track of all the details by working with a buyer’s agent. There is a plethora of benefits to using a buyer’s agent, and here are…
Read MoreThinking of Selling Your Home? Competition is Coming!
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. How will…
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 More5 Ways Tax Reform Has Impacted the 2018 Housing Market
Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted status as a major component of the American Dream. Now…
Read More5 Simple Steps for a Better Home Appraisal
If you’re looking to refinance your home or possibly sell, you’ll need a killer appraisal. A bank will not refinance a home for more than it is worth, and a potential buyer will not pay more than the recognized value of the home. Here are 5 simple steps for a better home appraisal. Tidy your…
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