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June 2020

Found 3 blog entries for June 2020.

The costs of owning a property go far beyond making a monthly mortgage payment. The costs of owning a home, especially by first time owners, can be a shock after realizing that owning a home is much more expensive than anticipated. 

Residential Carrying Costs are also known as “Holding Costs”  and can include the following:

  • Mortgage Principle

  • Mortgage Interest

  • Taxes

  • Insurances

  • Homeowner Association Fees

  • Costs of maintenance, upkeep, and upgrades

  • Utilities

It is important for homeowners to understand the cost of ownership and the impact on their discretionary income. Carrying Cost Calculators are important for potential buyers as well as helping sellers to determine the true costs

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Unlike the stock market, where most people understand and accept the risk that prices may fall, most people who buy a house don't ever think that the value of their home will ever decrease.

The housing market, like other assets, is susceptible to unsustainable gains, and bubbles are formed over time even though many people feel it is a sure bet for growth.  That's because of the large transaction costs associated with purchasing a home, not to mention the carrying costs of owning and maintaining a home discourage speculative behavior. However, housing markets do go through periods of irrational exuberance.

This article will help to explain real estate cycles, triggers that cause them, and why consumers should be cognizant of the forces at play

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Consulting vs. Selling (Advisory)

Our agents offer a consultative approach focused on client needs as opposed to the traditional “Buy & Sell” mentality that is offered by 99% of the real estate companies today. Our Buy Low, Sell High, Hold or Rent mindset empowers our clients to make decisions backed by current and historical data that is extremely difficult to find in the marketplace.

"Everything we do, we believe challenges conventional real estate logic, we believe in change, we believe in thinking outside of the box, and we believe in growth. The way we challenge the status quo is by conceiving & implementing proprietary systems backed by diverse educations, common sense, cutting edge technology, passion for people, and an intense desire to

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