Category: Uncategorized

Homes are selling fast, indicating it’s still competitive.Buy now if you're ready.Buyers are hesitant now, so waiting might be wise if you're cautious.

The first week of October 2024 offers homebuyers potential savings of over $14K on median-priced homes. This week may see up to 37% more for-sale inventory compared to the start of 2024.

The commercial Real Estate market is experiencing a normalization period with stable prices but rising vacancies.Migration to the Sun Belt has slowed, while the Snowbelt is showing improved performance.

Overview of Selling Costs – Commonly 10% to 15% of the home price – Includes both mandatory and optional expenses Taxes and Fees – Property tax: prorated share owed at sale – Real Estate transfer tax may apply based on location – Capital gains tax on profits over $250K (or $500K for couples)

Key Components: 1. Lease Term: Duration of the agreement 2. Rent: Amount and structure of payments 3. Operating Expenses: Maintenance, taxes, & insurance costs 4. Maintenance Responsibilities: Who handles repairs? 5. Use of Premises: Allowed activities & restrictions 6. Renewal Options: Terms for extending the lease

Personal financial health, not election timing, is the key factor in deciding to buy a home. Political elections historically have little effect on long-term home value appreciation or the housing market.

Cut Cable Costs: Switching from cable to streaming can save over $2,600 annually. Reduce Subscriptions: Regularly review and cancel unused streaming and subscription services to avoid overspending.