6 Reason to own a home
TAX BENEFITS
The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the cost involved in buying a home.
EQUITY
Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in YOUR home.
PREDICTABILITY
Unlike rent, your fixed-rate mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance cost will likely increase.
APPRECIATION
Historically, real estate has a had a long-term, stable growth in value. In fact, median single-family existing-home sale prices have increased on average 5.2% each year from 1972—2014, according to the National Association of REALTORS®. The Recent housing crisis has caused some to question the long-term value of real estate, but even in the most recent 10 yrs, which included quite a few very bad years for housing, value are still up 7.0% on a cumulative basis. In addition, the number of U.s households is expected to rise 10-15% over the next decade, creating continued high demand for housing!
STABILITY
Remaining in one neighborhood for several years allows you and your family time to build long-lasting relationships within the community.
FREEDOM
The Home is YOURS. You can decorate any way YOU want and choose the types of upgrades and new amenities that appeal to YOUR lifestyle!!!
Savings
Building equity in YOUR home is a ready-made savings plan. AND when you sell, you generally take up to $250,00 ($500,000 for married couples) as gain without owing any federal income tax
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If you are looking to make a move to the area, give us a call ☎️ today at 520-245-8866 or visit us online 💻 at https://kamyanewcomb.evrealestate.com/
For a free Comparative Market Analysis (CMA) of your property call to schedule!!
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Housing Market Update
While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low.
Check out the graph that shows you the details from NAR
In July the average home received 2.8 offers and 39% still sold for over asking price.
As you can see, a Neutral Market is on the horizon, we are actually seeing a more neutral market in the Phoenix area, and I’m sure you can guess what happens in Phx will soon happen in Tucson and our surrounding areas
• The latest data shows sellers continue to benefit from serious buyers and competitive offers. Once the inventory reaches that 6-7 month mark we will see the market neutralize.
• You haven’t missed your opportunity to sell. Give me a call to start the process today.
• A buyers’ market is when there are more homes for sale than buyers looking to buy. When that happens, buyers have the negotiation power because sellers are more willing to compromise so they can sell their house.
• In a sellers’ market, it’s just the opposite. There are too few homes available for the number of buyers in the market and that gives the seller all the leverage. In that situation, buyers will do what they can to compete for the limited number of homes for sale.
• A neutral market is when supply is balanced and there are enough homes to meet buyer demand at the current sales pace.
It seems like there are a million real estate agents in every market these days. You should work with a professional that has been through this market before.
You need marketing strategies will help you reach more potential prequalified buyers. We'll talk about identifying your target audience, crafting your messaging, and choosing a medium to deliver that message.
🔥 Learn how much it cost to hire a professional to sell your home from YouTube videos: https://youtu.be/43Nm-Pb__4c
🔔 Subscribe for more tips like these on selling or buying real estate in Southern Arizona videos: https://www.youtube.com/channel/UCzN5PfX6Op8Zx9mT31ZnPvA
📕 Get a FREE copy of my book, “Selling Secrets” - In this book, I break down what affluent home sellers do differently. I reveal their strategies, secrets, tips, and much more to help you sell your home: https://kamya-newcomb.book.live/biz-card-book
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When Will the Housing Market Crash - The Real Estate Bubble
Are We In a Real Estate Bubble?
It seems like there are a million real estate agents in every market these days. You should work with a professional that has been through this market before.
You need marketing strategies will help you reach more potential prequalified buyers. We'll talk about identifying your target audience, crafting your messaging, and choosing a medium to deliver that message.
With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, there’s concrete data to show why this is nothing like the last time.
🔥 Learn how much it cost to hire a professional to sell your home from YouTube videos: https://youtu.be/43Nm-Pb__4c
🔔 Subscribe for more tips like these on selling or buying real estate in Southern Arizona videos: https://www.youtube.com/channel/UCzN5...
📕 Get a copy of my book, “Selling Secrets” - In this book, I break down what affluent home sellers do differently. I reveal their strategies, secrets, tips, and much more to help you sell your home: https://kamya-newcomb.book.live/biz-c...
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