If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it. Either way, any money you get back from your taxes can help you achieve your goals. Using a tax refund is a common tactic for buyers and sellers. SmartAsset estimates the average American … [Read more...]
Do You Know How Much Equity You Have in Your Home?
The Future of Home Price Appreciation and What It Means for You
Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at First American, tweeted just last week on this issue: “. . . We do need price appreciation to slow today (it’s not sustainable over the long run) but high price growth … [Read more...]
Remote Work Trends Mean Flexibility for First-Time Homebuyers
Today’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year. In a recent report, Arch Capital Services explains how the ongoing trend of remote work can open up more options for homebuyers: “. . . This will enable those who are able to work from home on a part-time or … [Read more...]
April 2022 Warm Fuzzy
I was walking in my neighborhood and noticed a young girl's birthday party going on. Inflatables, a pinata, and a bunch of balloons. A little girl was holding on to a string that was attached to a purple helium balloon bobbing about in the wind. All of a sudden, the wind took the balloon from the little girl. I braced myself for some screaming and crying. But, no! As the little girl turned to watch her balloon go skyward, she gleefully shouted out, "Hot Dog!" I didn't realize it at that … [Read more...]
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