Posts with tag 'Economics'
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28
A Key to Building Wealth in Homeownership
The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says:
"Homeownership is rewarding in so many ways and can serve as a vital component in achieving financial stability."
Here are just a few reasons w...
3
How Smart Is It to Buy a Home Today?
Whether you're buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move.
However, there's one category that provides a simple answer. When deciding to buy now or wait until next year, the financial aspect of the purchase is easy to evaluate. You just need to ask yourself two questions:
- Do I think home values will be higher a year from now?
- Do I think mortgage rates will be higher a year from now?
From a purely financial standpoint, if the answer is 'yes' to either question, you should stron...
25
3 Ways You'll Win When You Buy a Home This Year
There are so many great reasons to purchase a home, and over the past year, we've realized more of them than we ever thought possible. If you're a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time that's largely uncertain. If you're a repeat buyer looking for your dream home, making a move might give you space or features you need to find greater success and happiness in a new normal way of life. Whatever your motivations are, here are three reasons why becoming a homeowner now may help you win big in the long run.
1. Buying a Home Is a Great Investment
29
Is Right Now the Right time to Sell in RVA?
Some Highlights
- If you're on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition.
- With buyer demand rising and historically low inventory for sale, if you're in a position to move, your house may really stand out from the crowd.
22
COVID-19 Homeowner Help
Being Home is a blessing to some and a struggle for others. During this time take a moment to review this blog for some valuable resources for business owners, restaurants, mortgage assistance, and most important family activities to keep you sane.
Good EATS
Centers for Disease Control and Prevention and local health officials for guidance to inform our decisions.
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