Click on the icons below for the latest market data.
|
 | |
Coldwell Banker:
Home Sweet Home
|
|
 One of the greatest services I can give you is a free, no cost, no obligation, meeting to discuss and suggest various areas of the cities that can meet your needs. Click below to begin your FREE consultation. BuyersSellers |
|
|
Welcome!
Happy New Year! With the holidays behind us, we reflect on the past year while setting goals, plans, and intentions for 2014. A fresh, new year brings the chance to start again, and to work on making this year the best yet.
If you're like many other buyers and sellers, a new year means a new house! Contact me to help you begin 2014 in your ideal home. I can provide valuable market information to help you make decisions and learn more about the process.
Wishing you a wonderful 2014!
612-963-6229
|
Buying a Home? Don't Let Fear Get in Your Way
|
|
by The KCM Crew
 Last week, I was talking to a young couple I know that was about to close on their first home. They were riding the wild rollercoaster of current mortgage rate swings and were not happy about the mortgage process overall. Yet, when the conversation shifted to finally living in a home that they own, their disposition changed dramatically.
A smile came across their faces as they talked about decorating their son's bedroom and how much he will enjoy the backyard. They talked about inviting friends over for dinner and their family over for the holidays. The more they talked, the more excited they became.
I asked them if many of their friends were also buying. I was shocked to find out that they weren't. Why not? Their friends believed that homeownership was financially unobtainable right now. Many wanted to own but didn't think they could afford the monthly mortgage payment. They decided to rent instead.
Click Here For The Full Article
|
1502 5th St N, #307, Hopkins MN  Walk to coffee shops, grocery, trails. Sunny, open floor plan. Kitchen w/granite island, counter tops, undermount sink. Stainless appliances. Master ceramic tile bath, double closets. In-unit laundry. Balcony has gas grill. Storage unit. Parking for 2.
|
Harvard: 5 Financial Reasons to Buy a Home
|
|
by The KCM Crew
Eric Belsky is Managing Director of the Joint Center of Housing Studies at Harvard University. He also currently serves on the editorial board of the Journal of Housing Research and Housing Policy Debate. This year he released a new paper on homeownership - The Dream Lives On: the Future of Homeownership in America. In his paper, Belsky reveals five financial reasons people should consider buying a home.
Here are the five reasons, each followed by an excerpt from the study:
1.) Housing is typically the one leveraged investment available.
"Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down payment results in a leverage factor of five so that every percentage point rise in the value of the home is a 5 percent return on their equity. With many buyers putting 10 percent or less down, their leverage factor is 10 or more."
Click Here For The Full Article
|
|
|
