A recent report by ATTOM, curator of the nation’s premier property database found that median-priced single-family homes are now less affordable when compared to historical averages in 75 percent of counties across the nation. This figure is up from the 56 percent jump that ATTOM reported in the third quarter of 2020. This is the […]
If you are considering a second home, you should be aware of the expenses that come with it. As with your primary home, there are plenty of costs that go well beyond the mortgage payment. While you may have considered (or certainly should have) the cost of homeowners insurance, property taxes and even an HOA […]
If you are thinking about buying a house this year, we are here to help. While home prices are still hovering around all-time highs and in most cities, it is still a seller’s market, there are plenty of signs that home prices could be headed down. Election uncertainty, a peak real estate market and the […]
Inheriting real estate from your parents or other family member can often end up being a unexpected windfall, or somewhat of a burden. In many cases it can be a bit of both. A well maintained home in a desirable area can be quite the blessing, while an old dilapidated house hundreds (or even thousands) […]
While the dream of homeownership has become more difficult in many cities due to rising home prices and ever increasing amounts of student debt, there are some cities where house prices require a six figure salary in order to purchase a home. In its recently released Home Price Insights report, real estate and data analytics […]
A recent survey by Freedom Debt Relief found that many American homeowners are having trouble paying off their homes and wish they would have saved up a bit more down payment money before purchasing their home. The survey polled 1,028 U.S. homeowners who were carrying at least $10,000 in unsecured debt. Unsecured debt includes credit […]
Summer time is here and for many of us that means vacation. If you are headed off on a summertime break, make sure that in addition to packing your bags, stopping the mail and booking your accommodations that you take a few steps to help protect your home. According to the FBI, crime rates increase […]
Retirement budgeting can be a challenge and according to a recent survey unexpected expenses can really throw a wrench into the works. The survey, done by the Society of Actuaries, found that roughly have of retirees in their mid 70’s could not cover an unplanned expense of $10,000. Baby boomers are also having a difficult […]
Homeownership comes with a variety of advantages. You are investing in a property and gaining equity instead of forking over rent to a landlord every month, you have a house you can call your own as well as a pretty nice tax deduction every year. However, it’s not all upside when it comes to homeownership […]
The dreaded tax season is upon us again so collect your receipts, dig out those W-2s and get ready to hunker down. Luckily, as a homeowner, you are entitled to a few tax breaks that will drive down your tax bill and maybe put you into refund territory. Lets have a quick look at the […]