Many renters feel buying a home is an impossible dream. But consider this: A landlord expects to make a profit after paying the mortgage, taxes, insurance, repairs and other expenses. The landlord’s only income for the rental property is the rent paid by the tenants. As time goes on, and the value of the property […]
Category Archives: General Information
Rising Mortgage Interest Rates are Keeping Homeowners from Selling, and It’s Just the Beginning
Over the past few years most pockets of the U.S. housing market have been plagued by a historically low inventory of homes for sale, which has lead to increased competition and driven up prices to record highs. The housing market finally appears to be entering a cool-off period, with price appreciate beginning to decelerate. But the […]
The Impact of High Mortgage Rates on Buying Power
The spring housing market is in full swing, and demand remains strong. While it has never been easier or more profitable to sell a home, buyers are less optimistic. For months now, homebuyers have been challenged by the scarcity of available homes, the bidding wars that ensue, and the possibility of being priced out of […]
Augusta Rule: Loophole for Tax-Free Rental Income
Home Prices Set Records Ahead of Spring Buying
Spring may have sprung early in the housing market. The U.S. median list price set a record high of $392,000 in February, according to Realtor.com®’s Monthly Housing Trends Report. Many markets continued to post double-digit annual price gains, led by Las Vegas, Miami, and Tampa, Fla., with annual increases of at least 31% each (home […]
2021 Homeowner Equity Insights
Homeownership Continues to Fuel Tremendous Wealth Gains Home prices have accelerated at a record pace over the last decade, bringing growing wealth to households from long-term homeownership. From 2010 to 2020—across income groups and metro areas—the total housing wealth for middle-income households grew by $2.1 trillion, according to a new report from the National Association […]
The Newest Residential Real Estate Brand: Disney
Disney Announces Plans to Build Residential Communities Across the U.S. Disney is one of the most recognizable brands in the world when it comes to media. In the minds of most consumers, they stand for high-quality, family-friendly entertainment. Now they want to take the same approach of worldbuilding that they have used for their theme […]
Investors Buying Homes in Record Quantities
Seeing high demand and the opportunity, investors small and large alike are snatching up as much U.S. real estate as they can. Investors purchased 18.4% of homes in the fourth quarter—a record high, according to housing data. Investors are seeing opportunities in turning homes into rentals which continue to command higher rents, or with plans […]
The TRUTH About Ideal Agent
Top Local Agents. Save Thousands in Commissions. Sell your home for top dollar with top local agents for as little as a 2% commission. Sounds compelling right? Unfortunately as is often the case, the details are in the fine print. Here is Ideal Agent’s fine print. “Our agents will list for 2% and offer the […]
A Guide to Central Ohio’s Farmers’ Markets
Columbus has many nicknames – Cbus, Capital City, Arch City – but maybe we can add Market City to the list. Every corner of the city boasts a fabulous farmers’ market where local vendors sell meats, cheeses, fruits, vegetables and breads alongside crafts, sodas, soaps and so much more. Battelle Plaza Farmers’ Market: (375 N. […]