Mortgage rates were back on the rise this week. For the average home buyer, the rate jump translates to an average monthly payment of $2,126, an increase of more than $280. With these rate increases, more and more buyers are looking into ARM’s (Adjustable-Rate Mortgages) to purchase their homes. Should You Consider an ARM? What […]
The kitchen is the heart of any home. It is where we prepare our meals, entertain guests, and spend quality time with our loved ones. However, remodeling a kitchen can be a time-consuming and costly endeavor. Fortunately, there are several ways to update your kitchen without remodeling. In this article, we will discuss seven smart […]
Franklin County is going through a Mass Reappraisal Process, required every 6 years. Are Real Estate taxes going up? What is the Mass Reappraisal Process? Ohio county auditors are required by state law to update property values every six years. Franklin County, among other counties, are currently going through their mass reappraisal, with new values […]
Buying a second home can be a significant financial commitment, but it can also bring variousbenefits. Whether you’re considering real estate investing or simply looking for a getaway, it’simportant to carefully assess the financial aspects and conduct thorough research before deciding.Here’s a summary of the key points to consider when buying a second home: 1. […]
The low inventory market of central Ohio continues to drive up prices. Demand forhomes surged again in June, even as interest rates and prices increased. The resilienceof real estate has surprised some economists. Mortgage rates are now approaching 7 percent, the highest since 2007, thanks to theFederal Reserve’s efforts to tame inflation. Central bankers have […]
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 […]
How old must you be to begin investing in real estate? I work with a lot of young investors, and it is a commonly asked question. I have been investingin real estate for over 40 years and have worked with over 3,000 other investors. Regardless ofwhen we started, we all wish we had started earlier. […]
According to NAR’s 2023 Home Buyers and Sellers Generational Trends study, first-timehomebuyers make up about 25% of buyers. Here are the features younger buyers are seeking: 1) Safety and Security Safety is a top priority for first-time buyers. They look for homes located in low-crime areasand with secure features such as a well-lit neighborhood, secure doors and […]
Like almost everything else in life, the answer is “It depends.” Buying a turnkey home (move-in ready) and a fixer-upper home (needing renovations) both have their advantages and disadvantages. Let’s explore the pros and cons of each: The Turnkey Home Pros Convenience: Turnkey homes are ready for your immediate occupancy. There is no requirement to […]
“The more we value things outside our control, the less control we have.” – Marcus Aurelius The real estate market is booming, and I am asked daily for my predictions about where the market is heading. Do we have more room to grow? Have we reached a ceiling? Are we in a bubble? Where should […]
