10
Dec 18

What If I Wait A Year to Buy a Home?

What If I Wait Until 2019 To Buy A Home? | Simplifying The Market

National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates.

As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, however, you must not be concerned about price but instead about the ‘long-term cost’ of the home.

The Mortgage Bankers Association (MBA), Freddie Mac, and Fannie Mae all project that mortgage interest rates will increase by this time next year. According to CoreLogic’s most recent Home Price Insights Reporthome prices will appreciate by 4.8% over the next 12 months.

What Does This Mean as a Buyer?

If home prices appreciate by 4.8% over the next twelve months as predicted by CoreLogic, here is a simple demonstration of the impact that an increase in interest rate would have on the mortgage payment of a home selling for approximately $250,000 today:

What If I Wait Until 2019 To Buy A Home? | Simplifying The Market

Bottom Line

If buying a home is in your plan for this year, doing it sooner rather than later could save you thousands of dollars over the terms of your loan.

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10
Dec 18

You Can Sip Champagne and Sing Christmas Carols at Downton Abbey's Highclere Castle

If you have a few extra hundred dollars hanging around, you can celebrate Christmas in a castle! Highclere Castle, which was featured on “Downton Abbey,” hosts a few Christmas events. It might be too late for Christmas dinner at the castle, but you can still buy tickets to sip some champagne and sing carols.

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10
Dec 18

The Simple Truth About Student Loans and Homeownership

Once you graduate college, you’re handed a diploma and—most likely—a mountain of debt. Your mission, should you choose to accept it, is to find a job where you make enough to pay off your student loans and then, maybe, move on to the next big investment of your life homeownership.

Unfortunately, according to a study by Credit Sesame, the state in which you live may affect your ability to pay your student loans. The study found that residents of West Virginia and Mississippi have the highest number of people unable to pay for their loans (as measured by student loan delinquency rates) at 18 percent, followed by Kentucky, Nevada, Oklahoma, and Arkansas at 16 percent.

On the other hand, places like North Dakota and Massachusetts were the easiest places to pay off loans: These two states had the lowest rate of student loan delinquency, at six percent; followed by Utah, Washington, New York, and Illinois, which had the next lowest rate at eight percent.

Since student loans are such a big obstacle for millennials achieving homeownership, is it easier to save up and buy a house in these states with low delinquency rates? I asked real estate agents in two of these states—Utah and Washington—how the economic environment in their state favors homeownership for millennials. Here’s what they said:

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10
Dec 18

Modern Farmhouse Meets California Cool — House Call

Name: Valeria Jacobs, my husband, three kids (two boys and a girl), and a minature pincher
Location: Castro Valley, California
Size: 1,400 square feet
Years lived in: 10 months, renting

We live in a cottage-style home. When we first saw the listing for rent I got a feeling that it was the house for our family. I fell in love with the big windows in the dining room, the hardwood floors, and overall it felt like a little home to us. My husband and I are both Peruvian, born and raised and have been together since high school (almost 15 years). We have two boys and very recently we welcomed our little girl. My husband is a mechanical engineer and I own a small online shop called Rebecca and Genevieve.

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10
Dec 18

Being Your Own Contractor Saves a Ton of Money, But I Don't Recommend It

It’s funny how most of us know we can’t be our own physician or attorney after watching a few YouTube videos, but ask us if we can run our own renovation and an awful lot of us think we can handle it just fine. Who needs a contractor when you can find your own sub-contractors online and order all your own materials? Why pay them a percentage of the cost (ranging from 10 to 50 percent) on top of your already over-budget budget when you can just DIY?

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10
Dec 18

You Can Take Your Cat to the North Pole with These Cute Cat Scratchers from Target

Do you need one more Christmas decoration for your house? Christmas is just over two weeks away, but there is still plenty of time to keep shopping for your house. If you’ve gotten everything you possibly could for yourself, you can get a little something for your pets.

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09
Dec 18

Want To Move From NYC to NJ? Then This Home Is For You!

This Home Is Perfect For NYC Commuters

Totally Renovated Home in the Yanticaw Section of Nutley, Old World Charm With All Of Today’s Amenities Any Home Buyer Would Want, Granite, Stainless, Finished Basement & Finished Attic A Must See! Hey NYC Commuters!!! This home is for you!!! Want A Quiet, Tranquil Fully Renovated Home in the Artsy Section of Nutley New Jersey? This Home Has All The Upgrades & Old World Charm You Have Been Looking For. Imagine On Your Way Home From The City You Can Look Forward To This Warm Inviting Classical Tudor Home With All of Today’s Modern Amenities. Granite Counters With Stainless High End Appliances, Soft Close Drawers, A Finished Basement With A Bonus Finished Attic, Central Air & Central Heat With A Generous Formal Dining Room & Living Room, Your Friends Will Be Jealous! #nutley #nyc #homes

See More Photos Here

Moving from NYC to NJ IMG_3249 IMG_3250 IMG_3251 IMG_3252


09
Dec 18

Target Is Offering 25% Off Kitchen This Weekend Only (Including Stand Mixers!)

As they’ve done in the past, throughout the month of December Target is featuring weekend-only sales in a variety of departments. So of course we’re especially excited that this weekend (that’s right — today and tomorrow only) they’re offering an additional 25 percent off kitchen appliances and cookware.

We sorted through hundreds of items to bring you our top four picks so you can take advantage of these generous savings. As a bonus, some are already on sale, making the prices that much more tempting.

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09
Dec 18

A Portland Home Is the Perfect Blend of Whimsical and Modern — House Call

Name: Amanda J Franz and pup Milo
Location: Portland, Oregon
Size: 2,600 square feet
Years lived in: 6 months, owned

My name is Amanda Franz and I live in Portland, Oregon, with my Australian Labradoodle, Milo. I am a creative entrepreneur who owns the custom stationery company, Wide Eyes Paper Co. Wide Eyes specializes in hand-crafted wedding invitations and we ship all around the USA and internationally. I am an adventurous and curious 29-year-old surfer gal from sunny Southern California.

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09
Dec 18

5 Ingenious Plant Tricks You Haven't Tried Yet

Green thumbs always have a few tricks up their sleeves. Whatever your current houseplant frustration is, there’s probably a grower out there who came up with an innovative solution, after years of dealing with the very same issue. Read on for some of the best tried-and-true indoor gardening hacks around.

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