Many people dream of retiring one day, and there are numerous assets that contribute to that retirement goal. Social security, pension plans, and savings accounts have traditionally provided assets people use to enjoy their retirement; however, this traditional plan ignores one of the most valuable assets. Owning a home can contribute significantly to someone's retirement goals; however, it is important to have a firm plan in place to make those retirement dreams come true. There are several ways a home can play an important role in that plan. The Value Of A House Traditionally Increases … [Read More...]
It is important for everyone to diversify their investments. One of the ways to do so is to invest in real estate. There are numerous types of properties, and one of the most attractive options is a multifamily property. Even though it might seem like a challenge to manage such a large property, there are several benefits of multifamily properties everyone should keep in mind. Hiring A Property Manager One of the first advantages of purchasing a multifamily property is the potential to hire a property manager. With more families living in the building, it might be worth it to pay a … [Read More...]
Whether or not you're new to real estate, there's little doubt that you've heard the term down payment as it relates to purchasing a home. There's a lot of different information out there in regards to how much this figure should be and it can be hard to determine exactly what the importance of this payment is. If you're trying to determine the ideal amount to put down, here are some things to consider. Explaining Down Payments And Why They're Important The down payment is probably one of the largest single payments you'll make for anything, and this is why so many people save for years. When … [Read More...]
Last week’s economic reports included readings from the National Association of Home Builders on housing markets, Commerce Department data on building permits issued, and housing starts. The National Association of Realtors® reported on sales of previously-owned homes. Weekly reports on mortgage rates and jobless claims were also released. National Association of Home Builders: Builder Confidence Falls One Point Supply chain issues and rising inflation concerned builders surveyed about housing market conditions in January. The National Association of Home Builders reported an index … [Read More...]
Life has changed for a lot of people during the past few years. Some people reached retirement age while other people decided to retire early due to other reasons. As the baby boomer generation reaches retirement age, millions more people are going to retire during the next few years. As a result, they might be thinking about moving to make some of their dreams come true. At the same time, retirement might change what people need in a home. What are some of the most important factors retirees need to consider when looking for a home? Moving Closer To Loved Ones Location remains one of … [Read More...]
Some people love living in condos, while others swear by detached homes. When it comes to deciding between the two, however, you can't always rely on someone else's word. Sometimes it's as simple as understanding and assessing your lifestyle to make the best choice, since condo living and home ownership are two radically different experiences, and thereby serve two very different types of lifestyles and personalities. Here are a few considerations if you're trying to decide whether you should invest in a house or a condo. House: Best If You Have A Furry Friend Do you have a furry friend or two … [Read More...]