The housing market was one of the few bright spots in 2020. Which is a reminder that nothing is ever all bad. Many are looking forward to what 2021 will bring for real estate and if the trend will continue. And if we can expect the market to be flooded with foreclosures as homeowners begin to default on loans when their forbearance plan comes to … Continue reading What to expect from home prices in 2021?
If you want to grow wealth, it appears home ownership is one of the best ways. The net worth of homeowners’ is much greater than renters. And the gap continues to grow between the two groups each year. We know it is better to own your home but just how much better is it? One study shows that a homeowner’s net worth is 40x greater … Continue reading Just how rich are homeowners compared to renters?
Should you rent or buy your next home? It’s long been the debate for many. Buying is a big financial investment. But is it worth it? Or is renting nothing more than throwing away good money? Here are six points to consider when making this big decision. We have had many posts over the past few months discussing how it’s currently a good time buy … Continue reading Still trying to decide? Better to rent or buy?
As kids and adults made the shift to working from home earlier this year, many began to calculate the cost savings with this change. But as time goes on, the reality is different than expectations. Many are in fact experiencing an increase in spending and here’s why… For many, working from home since March has come with one positive perk – cost savings! Reduced spending … Continue reading Working from home could be costing more than you think
We have several past posts that discuss right now being a great time to buy a home. Low interest rates are making it more affordable than it has been for a very long time. But do you really need the standard 20% for a down payment? You may need less than you think. In 2019 the median down payment was only 12% for ALL buyers. … Continue reading How much do you need for a down payment?
America as a country and as a culture values independence. Yet independence can come in many different forms. Recently I’ve been grappling with my own definition of independence. High school me expected to have a full-time job, my own apartment, and be financially self-sufficient at 23. Yet here I am with no job, moved back home with my parents, and definitely not financially self-sufficient. And … Continue reading Moving back in with the folks
Working and schooling from shared spaces? Here are four easy tips that can help make your space more practical and useful. Working and learning from home has become the new norm, and for many of us this is being done within shared spaces. So here are four easy ways to help keep your space more organized and as a result, more productive. Limit paper pile … Continue reading 4 Easy ways to improve your WFH shared spaces
Home sales are at their peak during the spring and summer and have a tendency to slow down in the fall. But not this year! If you want to sell, the fall market might be the perfect time! Traditionally, the demand for buying new homes begins to wane come fall but not this year. With a selling season that got a late start combined with … Continue reading The fall real estate market is HOT this year
Should you buy a new construction home? The demand for housing is high but the number of existing homes on the market is relatively low with new construction ramping up. So, should you buy a new build? Here are the pros of each: New construction: You can choose more energy efficient options – think windows, roof, and appliances New construction often means fewer repairs and … Continue reading Should you buy a new construction home?