How To Make Your Dream of Homeownership a Reality


According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.
However, it’s unlikely all 28 million Americans will accomplish that goal in the coming year. Experts project a total of around five million homes will be sold in 2023. Why is there such a big difference? It’s partly because there can be challenges to buying a home.
In the same survey, when asked, “Which of the following are preventing you from pursuing homeownership at this time?”:
34% answered, “I don’t have enough saved for a down payment”
30% answered, “My credit score”
If you’re aiming to buy a home, here’s what you need to know to accomplish that goal.

Sa ...

Should You Rent Your House or Sell It?


If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.
Owning a short-term rental can be a tempting idea, but you may find the reality of being responsible for one difficult to take on. Here are some of the challenges you could face if you rent out your house instead of selling it.
A Short-Term Rental Comes with Responsibilities


Successfully owning and renting a house takes work. Think through your ability to make that commitment, especially if you plan to use a platform that advertises your rent ...

 

If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus.
In the last year, high inflation had a big impact on the economy, the housing market, and likely on your wallet too. That’s why it’s critical to have a clear understanding of not just the market today, but also what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at realtor.com, explains:
“The key to making a good decision in this challenging housing market is to be laser-focused on what you need now and in the years ahead so that you can stay in your home long enough that buying is a sound financial decision.”
 
Here are a few questions you can start thinking through as you fine-tune your goals for 2023.
1. What’s Motivating You?
You&rs0 ...

‘Tis the season to be jolly! And what better way to celebrate the holiday season than to gather around the table for a hearty meal on Christmas eve with the people that matter? Have a toast and drink a champagne or two while catching up with friends and family members. It's the time to celebrate, have fun, and let loose after all! But creating that cozy, festive atmosphere in your house might initially seem a little too daunting. However, hosting a Christmas dinner doesn't have to be a complicated process. By planning ahead, things are sure to go smoothly rather than just winging everything together and hoping it's all set by then. Here are a few things to think about in preparing for the big day.

 

Planning for the Holiday Season

 

Consider your budget

 


 

To start off, you'll have to consider the basic necessity in making all of this happen, mainly your Christmas budget. How much do you have and are willing to spend? Real; ...

 
People frequently make renovations or do some repairs. After one project comes another project, and the cycle continues. Can anyone relate? Don't dwell so much on it! Because it is not much of a problem, just like other people, they do it too, and it is totally normal, especially for those who want to make it extra or simply those who value their home. However, professional labor is frequently one of the most expensive expenses in a homeowner's maintenance and repair budget.
 
It demands dedication to ensuring the safety and functionality of one's personal sanctuary. Being a homeowner deals with a lot of projects wherein oftentimes it already feels like it is an endless project that demands time and lots of resources. Surprisingly, there are a variety of things around the house that can be quickly and easily fixed using a few items that are likely already inside the home.
 
Get some towels and roll up some sleeves because this article will discuss some home; ...