Some Condo Owners Will Face Tough Decisions
Many older condos are fine, but new post-Surfside rules will force some owners to weigh the cost of needed repairs against the benefit of moving and selling.
Budget Realistically for Home Repairs
It happens: Stuff at your home wears out or breaks. But saving 1% to 4% of your home’s value each year for maintenance and repairs isn’t easy.
Monthly Car Payments May Rival Mortgages
Some financial experts worry consumers are overextending as rising interest rates combine with record average prices on luxury cars, rugged SUVs and trucks.
Mobile Homes Cost More as Owners Raise Rents
HUD and experts say mobile homes are one solution to the affordability crisis, but in eight years, 20% of rental parks have been bought by institutional investors.
Fed Likely Raising Interest Rates This Week
On Wed., the Fed ends its meeting and will likely raise rates 3/4’s of a point. Mortgage rates may follow, but lenders anticipating the Fed’s move raised them already.
Build Business: Scoop Up Customers in Feeder Markets
Once an established agent has a fair share of local customers, the next step is to advertise their services to the external buyers who are most likely to move in.