Tuesday, December 12, 2023 / by Chelsea Hilderbrand
Here are the two main reasons why people tend to invest in real estate.
Wondering why real estate investment is worth your consideration? There are tons of different ways to invest in real estate, each with its own pros and cons. If you’re new to investing, it can be a little overwhelming. Today, I want to simplify things by sharing two common reasons why people get into real estate investing:
1. Cash flow. Whether you want increased income or decreased expenses, the bottom line is that most people get into real estate investing for the passive financial benefits.
2. Peace of mind. As a hard asset, real estate is a secure investment that can provide unmatched security.
“Everyone has a different motivation for investing. ”
Many experts out there invest primarily to boost their own incomes. Their motivation may include garnering more views for advertising, selling coaching products, or promoting unique strategies promising rapid wealth accumulat! ...
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Tuesday, November 28, 2023 / by Chelsea Hilderbrand
Navigating the uncertain future of real estate is hard despite hindsight.
Predicting the twists and turns of the real estate market has always been a challenging task. Many have tried, and many have failed. Today we’ll delve into the reasons behind the persistent difficulty in forecasting the future of real estate, drawing lessons from both historical events and the uncertainties of today.
Looking back, it’s easy to analyze past events and declare, “we should have seen that coming.” What often goes unnoticed, however, is the complexity of anticipating how the market will react to current events. Hindsight may be 20/20, but foresight in the ever-changing real estate landscape proves elusive.
Reflecting on historical events, such as the 2008 financial crisis, reveals the challenges of foreseeing market dynamics. We could observe signs like thousands of vacant homes owned by speculators, yet predicting that this surplus would flood the market simultaneo. ...
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Tuesday, November 7, 2023 / by Chelsea Hilderbrand
Discover how interest rates shape the real estate market
Interest rates play a pivotal role in the real estate market, influencing both buyers and sellers. Many prospective homebuyers wait for interest rates to drop to secure more affordable monthly payments. But have you ever wondered how changes in interest rates affect real estate prices? Let’s delve into the dynamics of supply, demand, and the impact of interest rate fluctuations.
In the realm of real estate, two primary factors steer the ship: supply and demand. When supply is limited and demand is high, as we witnessed in 2021, prices tend to soar. Conversely, when supply exceeds demand, as seen during the 2009 housing crisis, prices tend to dip.
Now, let’s factor in interest rates. Historically, when interest rates drop, it’s like opening the floodgates for buyers. Lower rates make monthly mortgage payments more affordable, which, in turn, drives up demand. And what happens when demand spikes? . ...
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Monday, October 16, 2023 / by Chelsea Hilderbrand
Here’s what you need to know about the current housing market.
What’s going on with the housing market? Today, I’ll share some of the latest trends in real estate and discuss how it impacts buyers and sellers.
Currently, the state of the real estate market is characterized by low inventory, with very few homes available for sale and limited monthly sales. Many have speculated about the impact of rising interest rates on property prices. Despite significant interest rate increases in the past 18 months, prices have not declined.
One question is how high interest rates would need to go to lower prices. To answer this, it’s crucial to recognize that supply and demand are the primary factors influencing prices. In situations where supply is low and demand is high, as seen in 2021, prices tend to rise. Conversely, prices tend to drop when supply is high and demand is low, as observed in 2009.
“Despite my initial expectation that prices might f. ...
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Wednesday, October 4, 2023 / by Chelsea Hilderbrand
Why buying in the winter could be your opportunity to get a great deal.
Why is now the optimal time to buy before the year’s end? Buyers can gain a significant advantage in securing favorable deals. With the approaching holiday season, the number of potential buyers looking to purchase and relocate tends to decrease. As a result, sellers who have already decided to sell are more inclined to do so at competitive prices. This translates to fewer property viewings and offers for prospective buyers.
Reflecting on the past two decades, I’ve consistently observed that the most attractive real estate opportunities arise during the final three months of the year. This pattern holds true regardless of whether the market is on an upswing or facing downturns.
If you’re aware of someone contemplating a property purchase in the coming months, consider sharing this blog post with them. As always, call or email me with any questions. I look forward to hearing ...
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