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Mike Stott

Experts Agree: Homeownership Provides a Path to Long-Term Wealth Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Experts Agree: Homeownership Provides a Path to Long-Term Wealth

A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey,…
Mike Stott
October 11, 2021
What’s Causing Today’s Competitive Real Estate Market? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

What’s Causing Today’s Competitive Real Estate Market?

Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply. If you’re thinking of selling,…
Mike Stott
October 8, 2021
111,285 Reasons You Should Buy a Home This Year Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

111,285 Reasons You Should Buy a Home This Year

The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key…
Mike Stott
October 7, 2021
What Do Supply and Demand Tell Us About Today’s Housing Market? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

What Do Supply and Demand Tell Us About Today’s Housing Market?

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall.…
Mike Stott
October 6, 2021
September 14th 2021 Newsletter – You Should Raise Your Rent Newsletters

September 14th 2021 Newsletter – You Should Raise Your Rent

Here is our September 14th, 2021, email Update about Real Estate in Northwest Atlanta! You should raise your rent! Let’s look at what average rents have been historically in Atlanta: Year     Average Rent 2012              $1007 2013              $1019 2014              $1058 2016              $1098 2017              $1133…
Mike Stott
September 14, 2021
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t…
Mike Stott
August 18, 2021
The Best Use of Time (and Money) When It Comes to Renovations Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

The Best Use of Time (and Money) When It Comes to Renovations

In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should…
Mike Stott
August 12, 2021
Are Houses Less Affordable Than They Were in Past Decades? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Are Houses Less Affordable Than They Were in Past Decades?

There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today…
Mike Stott
August 11, 2021