Thursday, December 06, 2018 / by Jordana Tobel
Rising interest rates and increasing home prices will make it increasingly difficult to buy a home as the months pass and we get further into 2019, according to the realtor.com 2019 housing forecast.
What does this mean for you? The sooner, you can buy, the better. Here’s why:
What will 2019 be like for buyers?
Mortgage rates are expected to hit 5.5% which means an increase in monthly payments by 8%. For example, that means if the rates today mean your monthly payment is $2000, by the end of 2019, for the same loan, the cost will be $2160.
"Unfortunately for buyers, it's only going to get more costly to buy, especially the most-demanded entry level real estate,” says Danielle Hale, chief economist for realtor.com.
Buyers who can stay in the market will find less competition yet feel an increased sense of urgency to close before it gets even more expensive.
Buyers' largest struggle next year will be reconciling wants, needs and budget versus the heavy competition ...
Tuesday, November 06, 2018 / by Jordana Tobel
According to the National Association of Realtors chief economist, Lawrence Yun, the U.S. median home price has risen 55% since 2011. Wages have only increased by 18%. What does this mean?It means buyers are pulling back, which in turn will provide buyers with more power.The Federal Reserve is increasing interest rates to combat inflation, which means mortgage rates are trending up too. If you're a buyer, now is a great time to buy.It's not bad news. The Fed is hiking rates because the economy is soaring. Unemployment is at an all time low.As long as the economy stays strong, home sales will continue to head up - even if rates continue to rise. Mortgage rate increases do not necessarily push home sales down.For more on this, read economist Yun's article here.If you're a buyer, now is a great time to buy - with rates still low and home prices trending up.
Contact your Premier Listings agent for more information on this, and more on your home search ...
Tuesday, July 24, 2018 / by Shelley Costello
There are times you might long for the relaxed leisure of the spa experience, but with the cost of a manicure it's not always a pleasure one can afford. If your current bathroom set-up isn't the optimal place for rest and relaxation, here are some cues for how you can turn it from a bit of a problem to a consummate pleasure.
Install A Vintage Vanity
The look of slick steel and porcelain can certainly be classy, but if you're looking for an upscale room you'll love to spend time in, consider a vintage dresser that you can turn into your very own unique vanity. While you'll need to develop some plumbing and woodworking know-how to make this dream a reality, it will easily fancy up your bathroom and lend for an elegant, everyday experience.
Spring For A Bold Color
Part of the spa experience is often the palette of jewel-toned colors that are used on the walls, but it can often be considered a risk to take on such an intense tone in one's own bathroom. Howev ...
Saturday, June 23, 2018 / by Shelley Costello
Summer officially arrived this week it's an exciting time in Boca Raton.
Lets start with the Fabulous Fourth Celebration – City of Boca Raton that starts at 6:30 p.m. at the Countess de Hoernle Park aka Spanish River Athletic Facility
What can you expect at the fantastic event? To start The fireworks start at 9 pm. Celebrate the Fourth of July with presenting sponsor, the Boca Raton Airport, live music and performances, carnival rides, games and crafts, food and drinks, and of course, fabulous fireworks to end the night!
Make sure to take summer outdoor safety precautions.
Free parking will be plentiful with several nearby public parking lots including Boca Corporate Center with complimentary shuttle service will begin at 5:30pm and run continuously until 10:15pm. Blankets & lawn chairs permitted. Personal fireworks, sparklers, alcohol, and family pets are absolutely prohibited.
All of the in ...
Friday, June 15, 2018 / by Shelley Costello
Summer is approaching and it's time to go around the home looking for potential safety hazards. Inside and outside are potential dangers that could cause harm.
It’s important to us all that our home be considered safe. Accidents happen all the time within the home, though. Listed below are several tips to follow to ensure safety in each room in your home.
In the Kitchen
* Keep flammable objects away from the stove. Do not let oven mitts, paper towels, etc. come into contact with the hot pots and pans or the burners.
* Use cleaning products with caution. Ensure that you do not put the cleaning products within reach of your children. Keep them out of reach so they cannot accidentally poison themselves.
* Never leave sharp objects and tools unattended in a place where little hands can reach them.
* Ensure that all electrical cords are kept away from water and flammable objects like curtains and hand towels. The cords could overheat and c ...