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Expert Tips for Home Buyers & Sellers

Our mission at The Gresh Group is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Showing posts with label buying a home. Show all posts
Showing posts with label buying a home. Show all posts

Monday, February 12, 2018

Millionaire: Millennials, Buy a Home!


Those of us who are well past early adulthood often look at the Millennial generation with a sense of consternation. You know the stereotypes. The young and entitled, living in their parents’ basements, working in gourmet coffee shops and gaming until the wee hours.

While it may be good for a laugh, the Millennial generation is proving that bucking trends and disrupting the corporate world are not bad things. They are capable, resilient, and valued by their employers. However, in a recent CNBC interview with David Bach, co-founder of AE Wealth Management and author of multiple New Your Times Best Selling books, suggests that one trend may ultimately be hurting Millennials: they aren’t buying homes.


Thursday, July 13, 2017

The 5 Greatest Benefits of Homeownership

Recently, Freddie Mac reported on the benefits of homeownership. According to their report, here are the five benefits that “should be at the top of everyone’s list.”
  1. Homeownership can help you build equity over time.
  2. Your monthly payments will remain stable.
  3. You may have some tax benefits.
  4. You can take pride in ownership.
  5. Homeownership improves your community.
Let’s expand on each of Freddie Mac’s points:

Homeownership can help you build equity over time.


Read more here.

Wednesday, July 12, 2017

Homeowners: Your Home Must Be Sold TWICE

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.
If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank.
Every month in their Home Price Perception Index (HPPI), Quicken Loans measures the disparity between what a homeowner who is seeking to refinance their home believes their house is worth, as compared to an appraiser’s evaluation of that same home.

Read more here.