Money & You

Money & You Expert Advice: 3 Benefits to Owning a Home Expert Advice: 3 Benefits to Owning a Home Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate: 1. Real estate diversifies your income […]
Money & You The Cost of RENTING vs. BUYING The Cost of Renting vs. Buying a Home [INFOGRAPHIC] Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear. Every market is different. […]
Money & You The #1 Reason to List Your House in the Winter The #1 Reason to List Your House in the Winter Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition. […]
Money & You Thinking of Selling Your Home? The Waiting Is The Hardest Part. Thinking of Selling Your Home? The Waiting Is The Hardest Part. Tom Petty famously penned the words, “the waiting is the hardest part” in his early 80’s hit song The Waiting, and his thought process can surprisingly also be applied to individuals considering selling their homes today. Traditional thinking would suggest it may be best to wait until the […]
Buyer Advice and Aid 4 Reasons to Buy a Home This Fall 4 Reasons to Buy a Home This Fall Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will continue to increase at a rate […]
Money & You Think Prices Have Skyrocketed? Look at Rents. Think Prices Have Skyrocketed? Look at Rents. Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject. In the most recent Apartment Rent […]
Media-Understand before You React Don’t Get Spooked By The Real Estate Market
Money & You 5 Reasons to Consider Living in a Multi-generational Home 5 Reasons to Consider Living in a Multigenerational Home Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the National Association of Realtors shows that 12% of […]
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Buyer Advice and Aid 3 Reasons to Use a Real Estate Pro in a Complex Digital World 3 Reasons to Use a Real Estate Pro in a Complex Digital World If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great place to […]
Buyer Advice and Aid What You Need to Know About The Mortgage Process What You Need to Know About the Mortgage Process [INFOGRAPHIC] Some Highlights: Many buyers are purchasing homes with down payments as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Your local professionals are here to help you determine how much you can afford, so take advantage […]
Money & You Home Ownership is the Top Contributor to Your Net Worth Homeownership is the Top Contributor to Your Net Worth Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The biggest determinants of household wealth [are] owning a home and having […]
Money & You Should You Use Your Equity to Move Up?
Money & You 4 Tips to Improve Your Home and Save on Your Energy Bill 4 Tips to Improve Your Home and Save on Your Energy Bill As a homeowner, it’s important to keep your home running efficiently, not only to save money, but also to help the environment thrive. October 2nd is Energy Efficiency Day, a perfect time to think about making some key upgrades that will improve the efficiency of your […]
Money & You How Does the Supply of Homes for Sale Impact Buyer Demand? How Does the Supply of Homes for Sale Impact Buyer Demand? The price of any item is determined by supply, as well as the market’s demand for the item. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some […]
Buyer Advice and Aid What Is the Cost of Waiting Until Next Year to Buy? What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020. CoreLogic predicts home […]
Money & You Homeowners Are Happy! Renters? Not So Much. Homeowners Are Happy! Renters? Not So Much. When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: “Does owning a home make you happier […]
Money & You Should You Fix Your House Up or Sell Now? Should You Fix Your House Up or Sell Now? With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves as empty nesters for the first […]
Money & You Is Your House “Priced to Sell Immediately”? Is Your House “Priced to Sell Immediately”? In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do. According to CoreLogic’s latest Home Price Index, home values have risen […]
Money & You One of the Top Reasons to Own a Home One of the Top Reasons to Own a Home One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference […]
Buyer Advice and Aid How Property Taxes Can Impact Your Mortgage Payment How Property Taxes Can Impact Your Mortgage Payment When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for a mortgage, you’ll see one of two […]