by Michael Olear | Sep 17, 2016 | Investment, Uncategorized
Recently, we shared the results of the latest Home Price Expectation Survey by Pulsenomics. One of the big takeaways from the survey is that over the next five years, home prices will appreciate 3.5% per year on average, and cumulatively will grow by around 18%. So...
by Michael Olear | Aug 8, 2016 | Investment, Uncategorized
Are you up to date on the latest news about the New York State School Tax Relief (STAR) program? The Basic and Enhanced STAR benefits save most New York homeowners hundreds of dollars annually! This year, the state announced that certain homeowners will now have to...
by Michael Olear | Jul 23, 2016 | Buyers, Investment, Uncategorized
We have?reported?many times that the American Dream of homeownership is alive and well. The?personal?reasons to own a home differ for each buyer, but there are many basic similarities. Eric Belsky is the Managing Director of the Joint Center of Housing Studies (JCHS)...
by Michael Olear | Jun 25, 2016 | Buyers, Investment, Uncategorized
Some Highlights: Real estate outranks stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans. Real estate is ranked as the best long-term investment among all age groups. Millennials rank both real estate and...
by Michael Olear | May 28, 2016 | Buyers, Investment, Uncategorized
Some Highlights: Harvard University’s Joint Center of Housing Studies recently released the top?financial &?emotional reasons to own a home. Owning is a good way to build up wealth that can be passed along to your family as it is usually a form of...
by Michael Olear | May 25, 2016 | Buyers, Investment, real estate value
In a recent?blog post?on?Marginal Revolution, economist Alex Tabarrok discussed homeownership as an investment. Here is what Mr. Tabarrok had to say: ?Housing is overrated as a financial investment. First, it?s not good to have a significant share of your wealth...