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Four Questions Help Determine "Improve vs. Move"
The walls are closing in. Your teenagers are warring over closet space and you long to have a real office room instead of camping out at the kitchen table. What's the best solution? Should you improve the house or move to another?
The answers to four primary questions are a good place to start in the dilemma to improve the house or purchase another. Homeowners who are happy with their current neighborhood and school district (usually the top two owner' priorities) are wise to weigh answers to the following:
1. How long do you intend to keep the house?
This initial question has impact on several levels. First, it makes little financial sense to pour money into a house only to sell it. Second, if you've ever lived around and through a remodeling project, you know that the emotional upheaval you suffer during construction needs to be offset by enjoying the benefits once the
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Overlooked Energy Conservation Tips
Along with disrupting tens of thousands of lives, Hurricane Katrina also disrupted the nation's energy production and supply lines.
Gasoline prices soaring by 50 cents a gallon in a single day at some stations portends an even harsher winter than expected when it comes to heating and energy related prices.
Days after Katrina left in its wake what's likely to become the nation's largest ever natural disaster, President George Walker Bush called on the nation to conserve.
"If you don't need gasoline, don't buy it," he said at a press conference Sept. 1 flanked by former presidents William Jefferson Clinton and his father George Herbert Walker Bush.
The two have been tapped again to grow a relief fund much like they did following the Indian Ocean tsunami in December 2004.
As the nation taps oil reserves, drills salt canyons in Louisiana and Texas for oil, eases air pollution standards to allow the use of higher sulfur-content diesel fuel and seeks to waive restrictions on foreign ships moving gasoline and other refined petroleum products between U.S. ports, conservation can add as much or more to the supply of energy than any one of
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October Update
Happy Halloween! Eleanora and I look forward to taking Kellyn to the Pumpkin Patch so she can pick out her first pumpkin. Kellyn will be dressed as a flower for Halloween and the costume and camera are ready and waiting. We are very excited to share this big event as a family.
We know that buying or selling a home is a big event in the lives of our clients. The real estate market in our area continues to be strong although the average home price sold has dropped slightly from August to September. Average days on the market went up from 34 to 35 during the same period, however, this is still a historically low number. Current interest rates are also historically low: 30 year fixed rates continue to be under 6%, 15 year fixed hovers around 5.5%, and the 1 year adjustable rate is around 4.7%.
If you or anyone you know feels this is the right time to take advantage of the strong housing market, please give me a call on my cell phone at 215-778-9687. The vast majority of my business comes from repeat business of existing clients or referrals, so client satisfaction is paramount to me. I have been selling real estate for over 17 years now, and I know that my experience and dedication will provide you the strongest representation available.
Daily News and Advice
Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.
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Murphy's Law states that anything that can go wrong will go wrong. Glitches in any real estate transaction are inevitable. If you are prepared, you won't be so shocked when they do. Here are some suggestions that may help:
