California Officially Becomes First State to Require Solar Panels on New Homes Article Written By: Dima Williams at Associated Press California became the first state in the nation to require homes built in 2020 and later be solar-powered, following a vote by the Building Standards Commission. The unanimous action Wednesday finalized a previous vote by the Energy Meet Our Team
Real Estate News
Key to Building Wealth
Buying a Home Young is the Key to Building Wealth Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than Meet Our Team
Homes are a Bargain Compared to Historic Norms
A loaf of bread used to be a nickel. A movie ticket was a dime. Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other item we purchase. The reason we can still afford to consume is that our wages have also risen over time. The better measure of whether an item is more expensive Meet Our Team
Cost of Waiting
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019. CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months. If you are ready and willing to buy your dream home, find Meet Our Team
Having a Real Estate Professional on Your Side
In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with the addition of more information, comes more confusion. Shows like Property Brothers, Fixer Upper and the dozens more on HGTV have given many a false sense of what it’s like to buy and Meet Our Team
Homeownership and the American Dream
For centuries, people in this country, whether they were born here or immigrated from another country, have seen homeownership as part of the American Dream. With so many prominent societal changes over the last few decades, is it fair to ask is the American Dream still the same or has it evolved into something else? The answer was made abundantly clear in two separate reports released earlier Meet Our Team
