Property Management Blog Archives - Page 85 of 116

How To Hit Your Homebuying Goals This Year

January 7, 2022 by Mike Stott

Some Highlights If you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals. It’s important to start working on your credit and saving for a down payment early. When you’re ready to begin your search, work with a real estate professional and get pre-approved so you know how much you can borrow. Connect with a real estate advisor so you have the guidance you need to achieve your homebuying goals this year. … [Read more...]

There Won’t Be a Wave of Foreclosures in the Housing Market

January 6, 2022 by Mike Stott

When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here’s a look at why that isn’t the case. 1. There Are Fewer Homeowners in Trouble This Time After the last housing crash, over nine … [Read more...]

January 2022 Warm Fuzzy

January 5, 2022 by Mike Stott

A 11 year old blind boy sat on the steps of a building with a hat by his feet. He held up a sign which said: “I am blind, please help.” There were only a few coins in the hat. A man, who happened to be a top-producing real estate , came by and put a few coins into the hat. He then paused and picked up the sign, turned it around. and wrote down a new sentence. He then gave the boy the sign back. Soon the hat began to fill up. A lot more people were giving money to the blind boy. That … [Read more...]

Why Waiting To Sell Your House Could Cost You a Small Fortune

January 5, 2022 by Mike Stott

Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house now rather than waiting until the spring. 1. Buyers Are Looking Right Now, and They’re Ready To Purchase The ShowingTime Showing Index reports data from more than six million property showings … [Read more...]

Avoid the Rental Trap in 2022

January 4, 2022 by Mike Stott

Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents have been rising since 1988 (see graph below): In 2021, rents grew dramatically. According to ApartmentList.com, since January 2021: “. . . the national median rent has increased by a staggering 17.8 percent. To put that … [Read more...]