Whether you are buying or selling a home, you need an experienced Real Estate Professional to lead you toward your ultimate goal, and who better than the extraordinary team at Kenna Real Estate. In this world of instant gratification and Internet searches, many sellers think that they can For Sale by Owner or FSBO.
Here are just 5 Reasons You NEED a Real Estate Professional in your corner, especially with the rising interest rates & home prices as the market recovers.
1. What do you do with all this paperwork?
Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true Real Estate Professional is an expert in their market and can guide you through…
Managing Director of the Joint Center of Housing Studies at Harvard University, Eric Belsky released a paper on homeownership last year - The Dream Lives On: the Future of Homeownership in America. In his paper, Belsky reveals five financial reasons people should consider buying a home.
Take a look at the five reasons, each followed by an excerpt from the study:
1.) Housing is typically the one leveraged investment available.
“Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down payment results in a leverage factor of…
Growing up it seemed ‘white lies’ were okay while lying was a sin. As children, we sometimes had difficulty understanding where the line was. As we matured, we realized there most definitely was a difference.
If a husband or wife asks if it is okay to invite their parents over for dinner, the spouse would probably say ‘sure’ even if it wasn’t 100% the truth. That was a ‘white lie’. If a young boy dresses up as a monster on Halloween and asks his father if he looks ‘really scary’, it was okay for his dad to say ‘YES’! That was a ‘white lie’.
In both cases, the person telling the ‘white lie’ was saying what the other person wanted to hear. In both cases, there was no harm in not telling the 100% truth. In both cases, it was a ‘white…
Who doesnt want an extra $41K ?
As many of you, I have been a subscriber to the Wall Street Journal (WSJ) for as long as I can remember. In my opinion, it is the single greatest source of financial information and insights available. I don’t always agree with their analysis but I always respect their position.
However, I couldn’t disagree more with their article this past weekend, The New Math of Renting vs. Buying. Below are a few excerpts from the article and the reason why I believe the analysis to be incorrect.
The Cost of Renting is lower than the Cost of Owning
In the article, they discuss that homeownership is more expensive than renting in many large metropolitan areas.
"The monthly cost of renting was lower than buying in 20 large metropolitan areas at the end…
There are still many sellers who are thinking twice before putting their home up for sale, they keep wondering where prices and interest are headed. These are legitimate concerns. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.
1. Demand Is About To Go Through The Roof
Most people realize that the housing market is hottest from April through June. Most of the serious buyers know this, and will try to beat the summer rush of buyers by buying late spring. We also have those who put off their move due to the extreme winter weather up North. That being said, with rising temperatures we will see a dramatic increase of purchasers who will finally make the move.
These buyers are…
The Gallup organization went around asking Americans what they thought was the best option for long term investment, and to no surprise real estate topped that position!
Where in 2011 Gold was a more appealing investment option for long-term, with the housing market improving across the U.S and home prices going upward (as we have all seen in Denver), more and more Americans now lean towards the real estate option.
Take a look at the charts below to compare the popularity of investment options among Americans: Call Craig Adelman now at 303.809.8979 and get pre-approved not just for a new home, but a long term investment!
FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position:
* Home sales are up 13% since their low point.
* Housing starts are up 50% since they bottomed out.
* House Prices are up 16% since their trough.
FreddieMac also believes that the market will continue to improve through 2014. They projected:
* Home sales to increase about 3% in 2014 as the purchase market continues to evolve
* Almost 20% growth for housing starts in 2014, which will begin to help ease tight inventories in many markets
* Home value increases will continue their positive momentum in 2014
Frank Nothaft, Freddie Mac vice…
Craig Adelman now at 303.809.8979.
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Listing information last updated on June 5th, 2020 at 7:11am MDT.