March 2015

Found 4 blog entries for March 2015.

I wanted to have a conversation about renting versus buying. I definitely understand now may not be the right time to buy, especially if affordability is a concern and you may be unsure were you’d like to live in the near future.

That said, I thought you might find this article on the hidden long-term cost of renting compelling. It’s called “The $700,000+ mistake nearly 6 in 10 millennials may make.” You can check out the article at the related link below.

Renting in the short-term may be your best option, but waiting to buy can have a high cost. For example: “At current rates of appreciation, in 10 years the average home (now priced at $190,000) would be selling for about $249,000. If interest rates return to their historical norm (from over the

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MLS data sheetOdds are you have spent a little time online searching for homes. After all, most home searches begin online. You may have used one of our a our Hittner Group websites or a site like, Trulia or Zillow to help you browse listings.

But where does listing information come from?

Way back in the day, prior to the Information Age revolution, brokers used to gather and exchange information about their properties. The idea was fairly straightforward: I’ll help you sell your properties if you help me sell mine. It’s a “private offer of cooperation and compensation.” Cooperation meant the real estate industry could thrive and buyers and sellers could enjoy smoother transactions.

This spirit of cooperation gave rise to Multiple Listing

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Unlike earlier generations of retirees who paid off their mortgages and retired in their family home, today's Baby Boomers are looking to capitalize on home equity to enhance their retirement savings. If you’re thinking how relocating might stretch your retirement dollar, below are a few points you should consider before relocating, downsizing, or trading up:Tiny house

1. Speak with your spouse or partner first, even if you think you’re both of the same mind. Don’t assume that you’re in agreement. When the moment to make the leap comes, feelings may change.

2. Consider the cost-of-living in a different part of the country. There’s a pretty big swing between rural Florida and urban San Francisco, for example. This might also mean factoring fuel costs if you’re

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Lake Home In Northern MinnesotaWith favorable interest rates still at hand, you may be considering the possibility of a vacation home. A vacation home can be an excellent investment, providing you with a tangible asset you can also enjoy when you want to take a little time off.

 Here are some tips to keep in mind before you start your search for the ideal vacation home:

 1. How far do you want to travel? A remote cabin in an unspoiled wilderness might be a lifelong fantasy, but how much fun will it be if it takes half your vacation time to get there? Ask yourself how often you might use this vacation home and how much time you’re willing to spend to get there.

2. Have you spent time there before? Don’t buy before you try. Certain locales may sound romantic or exotic, but if

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