According to CoreLogic, a real estate analytics firm, 14 of the top 100 real estate markets in the U.S. are overvalued, which is more than double the number that were at the end of first quarter 2015. An overvalued housing market has home prices that are 10% or more above the long-term sustainable level.
Continue reading “What Are The 10 Most Overvalued Housing Markets in the U.S.?”
When it’s time to downsize, you will most likely have many items that you will not have room for at your new residence. While yard or estate sales are still popular options, you will increase your reach and exposure through online channels.
Continue reading “10 Online Options To Sell Or Donate Your Unwanted Stuff”
Please join Widow Care at their 2nd annual 5K on Saturday, October 17th. This year, it will take place at the beautiful grounds of 301 Odenhal Avenue in Gaithersburg, MD. Participants will enjoy live music and one another as they support widows and widowers!
When a home is for sale, mature trees on the property are often a selling point. Trees and other landscaping add to a home’s curb appeal and make the home more inviting. However, are there times when a tree can kill a home sale?
The article, How Downsizing Can Save Your Retirement, in the September issue of Money magazine, covers the top four reasons why retirees downsize and four questions to address to avoid financial mishap when moving from one residence to another.
Continue reading “Downsizing Can Help You Save Money For Retirement If Done Right”
Are you thinking about selling your home or helping an elderly parent sell their home, and the to-do’s to get the home ready for the market seem just too overwhelming? Has it affected your mental or physical health? If you are not sure, read on for 10 signs of stress and burnout.
Continue reading “It’s Time To Call The Realtor®: 10 Signs Of Stress And Burnout”
One of the biggest decisions that must be made when selling your home is determining the asking price. There is a direct relationship between how your house is priced and how many buyers will be interested in it.
Continue reading “5 Factors To Consider When Determining The Asking Price On Your Home”
In a previous blog I discussed rightsizing and a process for evaluating your overall well-being to determine your preferable future. Once you have decided what you want your future to be, the question becomes do you age in place or find a new home to help you achieve those goals? Consider these five factors to help you decide.
Continue reading “How To Decide Whether To Downsize Or Age In Place”
If you are in the market for a new home, chances are you are busily gathering documents for your mortgage loan application. Your lender will calculate your down payment and monthly payments based on the financial information you provide, from credit history to current employment. You may wonder what is included in the mortgage payment. Mortgage payments include principal, interest, taxes, and insurance (PITI).
If you are planning to move within the next year, you should start thinking about your mortgage loan or other financing options now. Based on the projected down payment you have available and the monthly mortgage payments your income can sustain, you will decide what amount of home you can afford and are comfortable buying. Before beginning to house-hunt, you should examine your credit history and gather the documents required by your lender.
Continue reading “What Documents And Financial Information Are Needed For Mortgage Approval?”
