True or false: All real estate advice is good advice. (Hint: Well ... it depends.) Everyone has advice about the real estate market, but not all of that unsolicited information is true. So when it comes time to list your home, you’ll need to separate fact from fiction. Below we’ve identified the top five real estate myths — and debunked them so you can hop on the fast track to selling your property. Myth #1: I need to redo my kitchen and bathroom before selling Truth: While k
As a real estate broker that deals with investors and folks that just want to create a plan that will sustain them in retirement I get asked all kinds of things. As such, I thought that I would share this great article written by JD for your benefit. Shared from the Get Rich Slowly Blog I spend a lot of time talking with people who have retired early or are otherwise financially independent. From a purely anecdotal point of view, I’d say most of these folks are well-adjusted
Only 5% would scrap their plans to buy a home if rates rose above 5%
According to U.S. brokerage firm Redfin, few homebuyers are halting their searches in the wake of rising mortgage rates.
In May 2018, Redfin commissioned a survey of more than 4,000 people who had bought or sold a home in the last year, attempted to do so, or planned to do so soon.
Among the more than 1,300 respondents who planned to buy a home in the coming year, just 5 percent said they'd call off th
Appreciation heated up on rentals this spring, with the May median monthly rent totaling $1,440, an increase of 2.1 percent year-over-year, according to the May Zillow® Real Estate Market Report. Last May, the increase in median rent was 0.7 percent. “Over the past two years, rent growth slowed across the country as new apartments hit the market and renters with the financial means to do so increasingly became homeowners,” says Aaron Terrazas, senior economist at Zillow. “The
“Refinancing” is a scary word for many people, but that shouldn’t be the case for you. For many homeowners, refinancing can not only lower your monthly payments and help with your monthly budget, but it can save you thousands of dollars in the long run. YOU’RE NOT TOO LATE. For years now, we’ve been hearing that interest rates will be on the rise, and although there have been some small increases, you’re still in a great position to drastically lower your interest rate. The g
First, let me point out that I am not a tax professional. I am a small business owner, a home owner and a managing broker with a top real estate firm. So, please review your specific situation with you tax professional to make sure you are on the right track. The McCleary Decision Something unique to Washington State was the recent decision by the Washington State Supreme Court that forces the hand of local legislators to comply with their mandate to ensure that all schools