Americans’ powerful belief in homeownership as an investment stems from the the fact that it is a reliable and lucrative way to build wealth. Even with economic fluctuations and drops in market price, real estate values recover and appreciate. In addition, many Americans continue to see returns over time on homes and property. This longstanding […]
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5 Powerful Reasons to Own Instead of Rent
Owning a home has great financial benefits. Here are 5 powerful reasons to own instead of rent including the fact that you can build equity in an investment that can appreciate over time. Here is some compelling data that goes into more granular data on how it can actually help you build equity. In a […]
Now’s The Time To Move-Up And Upgrade Your Current Home!
When it becomes a buyers market for real estate, it could potentially be a signal that it is time to upgrade your current home. According to ILHM’s Luxury Report, this mismatch in demand and inventory of luxury and premium homes has created a Buyer’s Market. For the purpose of the report, a luxury home was defined as one […]
10 Steps To Buying A Home This Summer
If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else may be required in your area! 10 Practical Tips […]
Is Mortgage Debt Out Of Control?
Mortgage debt out of control was a common fear that came out of the housing crisis of the last decade due to bad judgement. The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. […]
Millennials Are Increasing the Demand for Condominiums
When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. There is no right choice. They are all different paths to home ownership. For many millennials, their choice has been buying a condominium! […]
Top 5 Reasons You Should NOT FSBO
Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. Here are 5 reasons you should not FSBO […]
Americans Rank Real Estate Best Investment For 6 Years Running!
Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.Stock owners are more positive about real estate than stocks as an investment.Of the 4 listed, real estate is the only investment you can also live in! If you are in the market […]
Before You Look for Your Dream Home: Know What You Want vs. What You Need!
In this day and age of being able to shop for anything anywhere, it is really important to know what you want vs. what you need. Idt is also really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for […]
Know What To Expect At Your Home Inspection
So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or in some cases, to […]
