Saturday, November 5, 2022 / by Rene Kramer
As the year winds down, it's time to start thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today's cooling housing market, is it really a good time to sell your house, or should you wait?
If you're ready to make your decision, here are three reasons you may want to consider selling before the holidays:
1. Get One Step Ahead of Other Sellers
Typically, in the residential real estate market, homeowners are less likely to list their houses toward the end of the year. That’s because people get busy around the holidays and deprioritize selling their house until the start of the new year when their schedules and social calendars calm down.
Selling now, while other homeowners may hold off until after the holidays, can s ...
Thursday, October 27, 2022 / by Rene Kramer
If you’re a first-time homebuyer, the current economy could be putting your homeownership dreams on a whirl. With inflation upping the cost of life’s basic expenses, is now really the time to dive into your first mortgage? And if you wait, could you be priced out of the market completely?
Homeownership Is Historically a Great Hedge Against Inflation
In an inflationary economy, prices rise across the board. Historically, homeownership is a great hedge against those rising costs because you can lock in what’s likely your largest monthly payment (your mortgage) for the duration of your loan. That helps stabilize some of your monthly expenses. James Royal, Senior Wealth Management Reporter at Bankrate, explains:
“A fixed-rate mortgage allows you to maintain the biggest portion of housing expenses at the same payment. Sure, property taxes will rise and other expenses may creep up, but your monthly housing payment remains the same.&rdqu? ...
Monday, May 22, 2017 / by Rene Kramer
for an infographic!