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Mike Stott

Why Homeownership Wins in the Long Run Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Why Homeownership Wins in the Long Run

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know…
Mike Stott
June 27, 2023
Eco-Friendly, Energy-Efficient Homes Attract Buyers Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Eco-Friendly, Energy-Efficient Homes Attract Buyers

Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks off. In fact, the 2023 Realtors and Sustainability Report from the National Association of Realtors (NAR) shows 48% of…
Mike Stott
June 21, 2023
Why the Median Home Price Is Meaningless in Today’s Market Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Why the Median Home Price Is Meaningless in Today’s Market

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing,…
Mike Stott
June 20, 2023
Why Buying or Selling a Home Helps the Economy and Your Community Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Why Buying or Selling a Home Helps the Economy and Your Community

If you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrates that impact: As the…
Mike Stott
June 15, 2023