I purchased my first home 35-years ago. And since then, I have owned many homes, both primary residences and investment properties. Here is my comprehensive guide to tax-deductible home improvements. Remember, for detailed eligibility criteria and personalized advice, always consult with a tax professional. 1. Energy-Efficient Upgrades: Investing in energy-efficient improvements not only benefits the […]
As a seasoned real estate investor, navigating the financial landscape is akin to sailing the seas. Just as a skilled captain must understand the currents and winds, investors must comprehend the nuances of financial management to successfully navigate the complexities of real estate investment. One valuable framework for achieving this mastery is the concept of […]
Americans are seeking smaller homes. The average size of homes purchased in the past year has dropped 18%, the lowest since 2010. To compensate for the smaller spaces, here are eight features that have become hot among home buyers. 1. Efficient Use of Limited Square Footage: Buyers are seeking to maximize every inch of their home through smart storage spaces, open […]
Women are pulling ahead of men financially in one important way of building wealth: Homeownership. According to a study by LendingTree, single women own 2.7 million more homes than single men. Approximately 13% of these women hold the titles to their homes, while the figure is 10% for men. A home for most people is […]
The Millennial generation, born between 1981 to 1996, has among the lowest homeownership rates since the 1920s. The reasons vary, but the greatest factor has been affordability. The Millennial generation has the highest student loan debt in US history. If you combine that with the high prices and interest rates, it has created the least […]
Real estate highlights the evolving preferences and needs of homebuyers and homeowners. Here’s a summary of the key trends for 2024: 1. Homeowners Staying Put: High interest rates and low inventory are prompting homeowners to stay in their current homes longer. Remodeling and updating focus on sustainable features, accessory dwelling units, pickleball courts, remodeled basements, […]
The winter holidays are ideal times for first-time buyers looking to purchase a home. There are fewer buyers competing for the homes, and the bidding wars are less frequent. Since most sellers prefer selling in the spring or summer, those selling their homes in the winter are typically more motivated to sell. Here are some […]
When hiring an investor-friendly real estate agent, it’s essential to ask the right questions. Purchasing investment properties is a distinct venture, and not all real estate agents are equipped to assist with it. To help you make an informed decision, here are 17 questions you should ask a potential investor-friendly real estate agent: 1. Are […]
Stabilizing mortgage rates have been a key factor in Central Ohio continuing its consistent growth. The inventory numbers are improving, but high demand continues to outpace the supply. As a result, we hit a new high in the median sales price of $320,000. This surge represents a 6.1% growth, surpassing theprevious highest monthly median sales […]
If you are living in a warm climate, you undoubtedly appreciate the importance of properlyfunctioning air conditioning for personal comfort and energy efficiency. When confronted with amalfunctioning or non-operational AC unit, the decision to repair or replace it becomes urgent. It is a common dilemma that many homeowners face, and it can be hard to […]
