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What Everyone’s Getting Wrong About the Rise in New Home Inventory

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  What Everyone’s Getting Wrong About the Rise in New Home Inventory You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary. But here’s what you need to remember: a lot of what you see online is designed to get clicks. So, you may not be getting the full story. A closer look at the data and a little expert insight can change your perspective completely. Why This Isn’t Like 2008 While it’s true the number of new homes on the market hit its highest level since the crash, that’s not a reason to worry. That’s because new builds are just one piece of the puzzle. They don’t tell the full story of what’s happening today. To get the real picture of how much inventory we have and how it compares to the surplus we saw back then, you’ve got to look at both new homes and existing homes (homes that were lived in by a previous owner). When you com...
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To-Do List for Better Homeowners

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Checklists work because they contain the important things that need to be done.  They provide a reminder about things we know and realize but may have slipped our minds as well as inform us about things we didn't consider.  Periodic attention to these areas can protect the investment in your home. Change HVAC filters regularly.   Consider purchasing a supply of the correct sizes needed online and they'll even remind you when it's time to order them again. Change batteries in smoke and carbon monoxide detectors annually. Create and regularly update a Home Inventory  to keep track of personal belongings in case of burglary or casualty loss. Keep track of capital improvements, with a Homeowners Tax Guide , made to your home throughout the year that increases your basis and lowers gain. Order free credit reports from all three bureaus once a year at www.AnnualCreditReport.com . Challenge your property tax assessment when you receiv...
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Happy Holidays!!

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Happy Holidays!  I hope you are enjoying the season.  The year 2014 is about to end and I wanted to wish you a  happy holiday season.   Soon 2015 will be upon us and we will all embark on new and exciting adventures.  I wish you good luck in 2015.  Thrive!!
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