May 2026 Lawn and Garden -Refresh Your Recreational Spaces

on
As the warm weather settles in, it’s a great time to focus on reviving your outdoor space, especially your patio or deck if you plan on doing any entertaining. While other parts of your home’s exterior also need attention, this spot is where you and your guests will gather. And between ice, snow, rain, and whatever else Mother Nature might have hit it with, it’s likely a little worse for wear. That’s why now is the perfect time to give it some extra care, ensuring that it’s prepped and ready for you to enjoy in the months ahead. Start with a thorough cleaning Whether your outdoor structure is made of wood, concrete, or composite, it’s important to give it a cleaning at least once a year. Mildew, algae, and grime build up more quickly than you might think, especially in shaded or damp areas. Left unchecked, they can make the surface slippery and dull and even lead to decay. This season, dedicate a day to clearing off any furniture, sweeping away debris, and rinsing the surface with a ho...
0

3 Benefits to Buying Your Dream Home This Year

on

3 Benefits to Buying Your Dream Home This Year | MyKCM


Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.

1. Buying a Home is a Great Investment

Several reports indicate that real estate is a good investment, topping other options such as gold, stocks, bonds, and savings. Why? Real estate helps build equity, a form of investing for you and your family. According to CoreLogic’s Equity Report,
“U.S. homeowners with mortgages (roughly 64% of all properties) have seen their equity increase by a total of nearly $457 billion since the third quarter 2018, an increase of 5.1%, year over year.”
This means the average homeowner gained approximately $5,300 in equity over the past year. If you want to start building your equity, put your housing costs to work for you through homeownership this year.

2. Mortgage Interest Rates Are Low

The Primary Mortgage Market Survey from Freddie Mac indicates that interest rates for a 30-year mortgage have fallen since November 2018 when they hit 4.94%. In their latest forecast, Freddie Mac expects rates to remain low, leveling out to a yearly average of 3.8% in 2020.
When you purchase a home at a low mortgage rate, it will impact your monthly mortgage payment, giving you the opportunity to buy more house for your money.

3. Investing in Your Family is a Win

There are some renters who haven’t purchased a home yet because they’re uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you’re living rent-free with your parents, you’re paying a mortgage – either yours or that of your landlord.
Today, rental prices continue to increase, and when you’re paying your landlord’s mortgage instead of your own, you’re not the one earning the equity. As an owner, your mortgage payment is a form of ‘forced savings’ you can use later in life to reinvest in your family. You can use it for a variety of opportunities, such as saving for your children’s education, moving up to a bigger home, or starting your own business. As a renter, it can be more challenging to achieve those types of dreams without home equity working for you.

Bottom Line

Buying a home sooner rather than later could lead to substantial savings and long-term financial growth for you and your family. Let’s get together to determine if homeownership is the right choice for you this year.

Comments

Post a Comment