Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these measurements, recent studies show that it’s still more affordable to own than rent in most of the country. There is, however, another financial … [Read more...]
Turn to an Expert for the Best Advice, Not Perfect Advice
As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines are being issued, we still have a long way to go. It’s at times like these we want exact information about anything we’re doing. That information brings knowledge, and this gives us a sense of relief and comfort in uncertain times. If you’re … [Read more...]
4 Reasons People Are Buying Homes in 2021
According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one going forward. 1. Record-Low Mortgage Interest Rates In 2020, the average interest rate for a 30-year fixed mortgage hit a record low 16 times, continuing to fall further below 3%. According to Freddie Mac, … [Read more...]
Featured: How to Organize Real Estate Files: Streamline Your Client Experience, Skyrocket Your Business
We love it when we get featured!!! We pride ourselves for raising the bar and the website Preclose agrees! They used some of our practices, as well as other industry trend setters, in their latest article. "How to Organize Real Estate Files: Streamline Your Client Experience, Skyrocket Your Business" by Preclose. Featuring Donna Stott and Mike Stott!!! … [Read more...]
“Just the Facts Ma’am”: Unemployment
So what is going on? That’s what this series is about and let’s get right into it; as Joe Friday said, “Just the Facts Ma’am”. So, what is going on with unemployment? If we look at the numbers provided by the Bureau of Labor Statistics, we can graph their findings and have a much better idea of what has been going on. In March, around 7 million people were claiming unemployment nationwide. More recently, that number is down to 750,000. To be honest, we have been hovering in that area … [Read more...]
