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Michael Picciuto | Your Home Sold Guaranteed Realty Blog

Thursday, February 20, 2020   /   by Michael Picciuto

The Many Benefits of Aging in a Community

The Many Benefits of Aging in a Community


 


There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens. Whether it’s proudly talking about grandchildren or lamenting the fact that our eyes aren’t as good as they used to be, it helps to be around people who not only understand what we’re saying but actually feel the same joys and concerns as well.


 


That’s why many boomers are deciding to move into an active adult community. In the latest 55places National Housing Survey, they were described by one out of three seniors as an “outgoing, social community of likeminded people.”


 


Bill Ness, Chief Executive Officer and Founder of 55places.com, explains:


 


“Baby boomers are now reaching the age when moving to an active adult community is the ideal opportunity for them&he ...

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Wednesday, February 19, 2020   /   by Michael Picciuto

How Trusted Professionals Make Homebuying Easier to Understand

How Trusted Professionals Make Homebuying Easier to Understand


 


In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns and make the process to homeownership much easier to understand.


 


A recent survey conducted by Ipson and Freddie Mac reveals the confidence level of Gen Z and Millennial buyers regarding the homebuying process. The graph below shows the breakdown of the top results, clearly indicating there’s a significant portion of younger buyers who are not yet confident with some of the steps in the homebuying process.


 


Between the homebuying process and the mortgage process, there are 230 possible steps in th ...

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Tuesday, February 18, 2020   /   by Michael Picciuto

The Overlooked Financial Advantages of Homeownership

The Overlooked Financial Advantages of Homeownership


 


There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater stability, savings, and predictability.


 


1. You Won’t Always Have a Monthly Housing Payment


According to a recent article by the National Association of Realtors (NAR):


 


“If you’ve been a lifelong renter, this may sound like a foreign concept, but believe it or not, one day you won’t have a monthly housing payment. Unlike renting, you will eventually pay off your mortgage and your monthly payments will be funding other (possibly more fun) things. ...

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Friday, February 14, 2020   /   by Michael Picciuto

The #1 Reason to List Your House Right Now

The #1 Reason to List Your House Right Now


 


The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident there are two big stories impacting this year’s residential real estate market:


 


1. Buyer demand is already extremely strong


2. Housing supply is at a historically low level


 


Demand


ShowingTime is a firm that compiles data from property showings scheduled across the country. The latest ShowingTime Showing Index reveals how showings have increased in each of the country’s four regions for five months in a row.


 


Supply


Move.com also just released information indicating that the number of homes currently for sale has declined rapidly and now ...

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Thursday, February 13, 2020   /   by Michael Picciuto

3 Reasons Why Pre-Approval is the First Step in the 2020 Homebuying Journey

3 Reasons Why Pre-Approval is the First Step in the 2020 Homebuying Journey


 


When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream homes – unless they stand out from the crowd. Here are three reasons why pre-approval should be your first step in the homebuying process.


 


1. Gain a Competitive Advantage


Low inventory, like we have today, means homebuyers need every advantage they can get to make a strong impression and close the deal. One of the best ways to get one step ahead of other buyers is to get pre-approved for a mortgage before you make an offer. For one, it shows the sellers you’re serious about buying a ...

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Your Home Sold Guaranteed Realty
Ken Couture
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Las Vegas, NV 89147
702-476-0060

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