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If you’re a remote worker needing a dedicated space to get your work done, you may be able to create your ideal home office in an unexpected space – your garage! Although your garage might be the last place that crossed your mind to use as an office, the fact of the matter is you can easily adapt your current garage for your work needs. Whether you’re based in Naperville, Illinois, or Bakersfield, California, you can adjust your garage in just five quick steps.

1. Make Sure Your Space Contains Functional Storage and a Practical Work Area
One of the first steps to take when converting your garage into an office is making sure it’s functional for your work. This generally means establishing a designated work area and installing storage space.

For example, you could build shelves into the wall to keep materials organized. You may also want to place your desk and work supplies in a well-lit corner.

2. Insulate the Garage Properly and Bring in Natural Light for Your Own Comfort
According to one study, getting enough natural light during the workday is the key to avoiding stress, frustration, and work-related headaches. If you have the budget for it, you may want to renovate your garage to ensure it’s a comfortable and supportive physical environment. For instance, you may wish to:
• Install larger windows
• Insulate the garage to keep out the heat or cold
• Install air conditioning or central heating

3. Spruce Up Your Garage’s Wall Space to Add an Aesthetic and Practical Touch
Although your main focus when converting the garage may not be on what to do with the empty wall space, sprucing up your walls can make a major difference for both the aesthetics of the garage and even its practical value. For instance, you could paint the walls for a quick visual overhaul. You could also hang up practical charts relating to your job, or other helpful visuals, such as a world map, to create a more https://www.bestar.ca/enhance-office-experience-8-ways-create-inviting-office/professional feel.

One easy option you shouldn’t overlook is putting up wallpaper. This route can be easily customized, and wallpaper may be surprisingly durable, classy, and attractive in its design. If you’ve never worked with wallpaper before, you may want to go the peel-and-stick route. This unique wallpaper type is repositionable and can even be taken down with minimal effort. If you want to up the stakes and create a luxurious feel in your office, opt for grasscloth wallpaper for your home for a rich, elegant look and a pleasing texture.

4. Create a High-Tech Workspace by Upgrading to a Few Modern Amenities
For a true home office feel, having some high-tech, modern workplace amenities is essential. Depending on what your budget will allow, you may wish to rewire your garage to include a few pieces of tech. These could include:
• A built-in webcam
• Dual monitors
• A standing desk
• Built-in loudspeakers

5. Keep Your Garage Clean by Decluttering at Least Once a Month
Lastly, if you’re like most people, there’s a good chance that your garage is currently mostly used as storage space. A once-monthly cleaning and decluttering session can help you maintain a professional office feel. You should:
• Dust off your office furniture
• Clean up clutter from the floors
• Run the vacuum

If you work at home and you need dedicated office space, look no further than your own garage. This unlikely space could be transformed into the ideal home office in just a few easy and creative steps.

As an entrepreneur, if you currently live in a home that prevents you from having the space and amenities for effectively managing your business, your best choice is to move. At Bill White Homes, we understand that the thought of moving while planning to start a business can sound daunting. In this article, we go through some tried and tested ways through which entrepreneurs like you have been able to seamlessly manage the two.

Home Features to Look For

Buying a home is a long-term investment that should cater to your present and future needs. When shortlisting options for your new home, focus on the following features:

Bedrooms: Do you plan to welcome a newborn or a senior loved one into your home in the coming years? If yes, then look for homes that have multiple bedrooms. Alternatively you can use the extra rooms as storage or convert them into a studio catering to your business needs.

Home Office: Homes with an existing office will help overcome the time and effort you’ll need to invest into creating one post-move, allowing you to begin work right away.

Outdoor Space: As reported by Thrive Global, an exterior space in your home helps to reduce stress by serving as a place to disconnect from work-related stressors and challenges.

Manage Timelines

Starting a business and moving houses requires systematic planning and execution. As you are trying to juggle both of these together, it’s best to create a list of set timelines with objectives to meet as follows:

9 Months Before Moving

Start shortlisting locations which provide the best balance between your personal and work needs, such as low business tax, thriving local economy, proximity to amenities, etc. Once you have your requirements in place, hire a real estate agent like Bill White to do the leg work for you, regarding finding properties that fit your criteria. As for your business, begin the process of applying for licenses and permits, which can take a few weeks to months to be granted.

6 Months Before Moving

This is when you should choose the appropriate business entity such as a Limited Liability Company (LLC) and apply for registration. Additionally, as reported by Zenbusiness, small business owners should also apply for a “doing business as” name, which enables them to sell products under unique brand names.

Start narrowing your home search as well by visiting houses and shortlisting those you like. If you plan to take a loan, opt to get pre-approved as it’ll help convince buyers to choose you over others and lead to quick disbursement of funds.

3 Months Before Moving

By this time, all legalities pertaining to your business should be in order. Additionally, you should finalize a home, make an offer, and start the closing procedures. With a set moving date in mind, you start hiring professionals to meet your moving and business needs:

● Movers: Delegate the stress of packing and transporting goods onto professional movers, providing you the time to focus on starting your business.

● Accountant: A skilled accountant can help create accurate business projections and other financial statements, which you can use to pitch your business to investors and secure funding.

● Digital Marketer: Having a digital marketer on your team enables you to create a solid social media strategy to put your new business on the map, generate interest from consumers and start making sales from the get-go.

Following the above-mentioned steps will help you find the perfect home catering to your personal and professional needs while allowing you to stay on top of all important responsibilities regarding launching your business.

Intend to put your Naperville home up for sale soon? You probably want to sell it quickly and at a reasonable price. Alongside the incentives that drive homeowners to sell, we can’t ignore the marketing and financial benefits of home staging. First, staging your home allows you to showcase your home in the best possible light. The goal is to impress the buyers and show them what your home has to offer. Not to mention staged homes perform considerably better in terms of pricing and raising interest. So much so that around 50% of buyers’ real estate agents in the US note that staging has a massive impact on buyer’s perception of the home. Hence, we will put forward a few home staging tips for sellers in Naperville to help you out!

Home staging isn’t decorating

A common misconception that sellers make is to assume that home staging is essentially the same as redecorating. There are a few reasons why this line of thinking is detrimental. First of all, good staging can be done with a lot less than what you would need to redecorate the home. The point is to highlight the advantages of the house and obscure the flaws. It is not necessary to invest too much money into home staging. After all, you are probably more eager to update the home you are moving into rather than your old home.

Fix the home first, then embellish

It is better to focus your budget and energy on fixing structural flaws and other maintenance projects. Rather than invest money into pure aesthetic updates, it makes more sense to improve or eliminate anything that the buyer might have to fix on their own. They will undoubtedly deduce the cost of the repairs from the asking price. So, it makes sense to think ahead and spruce up the property before the showings.

You don’t need to stage the entire home

According to some estimates, the room staged most frequently is the living room, followed by the kitchen, and then the bedroom. And this makes perfect sense. These rooms comprise the area where the buyer is likely to spend most of the time. If your staging budget is limited, you should invest in fixing these rooms.

One of the important home staging tips for sellers in Naperville is to start in the living room and kitchen.

As for the rest of the property, you can organize a thorough cleaning spree to make up for the fact they are not staged. Likewise, if you don’t have enough money to purchase new appliances, make sure they are squeaky clean and, thus, presentable, if not new.

Home staging should be depersonalized

As much as it might seem counterintuitive, observing home staging as akin to decorating might lead to another mistake – making decorative choices guided by your preferences. On the contrary – you should aim to appeal to the broadest possible number of people. And that is achieved most easily if you stick to universally attractive, tasteful decorative choices. So, as much as you like quirky artwork or something like hunting memorabilia, your buyers might find it tacky or even insulting.

Remember – the point of home staging is to give the buyer an idea about what living in the home is like. So, the buyer needs to visualize themselves and what their life may look like in that home. As many as 82% of buyers report that staging promotes this kind of visualization.

The purpose of staging is to help the buyers visualize themselves in the home.

Hence, it would be best to avoid staging that involves colors, decoration, or furniture that is too distinctive or creative. Unfortunately, the buyer might associate negative feelings with your home only because they didn’t like something irrelevant such as a painting or a carpet. That is why you use neutral colors, minimalist furniture pieces, and interesting but still universally appealing decoration.

A thorough declutter can be very helpful for sellers in Naperville

Decluttering and selling off your old belongings can be a step towards a well-staged home. Having too many things on your property can obscure your home’s good assets and features. Instead, the sheer number of things might even create a chaotic, messy vibe. Not to mention the rooms might appear to be much smaller than they actually are. All of this definitely does not work in your favor when selling.

Fewer items make the home appear more spacious.

Decluttering is also a great way to downsize your belongings to an amount that you can easily move. Managing a long-distance relocation in a state such as Illinois after you finally sell your home should go very smoothly if you have fewer things to pack and move. Of course, an experienced moving crew is more than enough to transfer household items quickly. Still, a thorough declutter is undoubtedly an excellent way to reduce the workload that awaits when you start planning your relocation.

Home staging tips for sellers in Naperville – delivered

Even if your home fits into the lower price range category, home staging has the power to ensure more exposure. It can even give your home a head start if it lacks some of the qualities that buyers look for in a home. Sometimes, sellers are reluctant to invest the money necessary to stage the home despite this fact. The reason is that inexperienced sellers sometimes fail to observe the home’s potential.

As much as organizing home updates and furniture necessary to stage the home might seem like a waste of time and money, the benefits you will reap from it will make that effort worthwhile. That is why it makes sense to apply some of these home staging tips for sellers in Naperville!

There’s a lot to consider when you’re looking for your new home. You should probably decide in advance how many bedrooms or bathrooms you’re looking for. However, that doesn’t have to be a dealbreaker because you can always remodel a home or add more rooms. What you can’t change about your new home, though, is the neighborhood. The neighborhood in which you buy a house affects not just your capacity to enjoy it but also your potential to watch its value increase over time. Whether your property is in the most desirable neighborhood in the region or one that is expected to improve in the coming years, it’s critical to keep an eye on the features of the area that indicate you’ll have interested buyers when the time comes to sell. So, in this article, we will go over some of the neighborhood amenities you need to look for when buying a home.

How To Find A Good Neighborhood

It’s easy to get caught up in the excitement of finding a home that fulfills all of your desires. However, real estate experts say it’s more vital to pay attention to the neighborhood. After all, you can remodel and repair a house, but you can’t change its location. That means you also can’t change your neighbors or the community’s feel. So, it all comes down to one thing when determining which neighborhood to pick: research. You can rely on your real estate agent to point out essential features and learn about homeowners’ association laws, but you can’t rely on them for everything. To get the best information, you’ll need to put in the work yourself.

Shops

First of the many neighborhood amenities to look for when buying a home is the proximity of grocery stores and other markets. Unless you get your groceries delivered regularly, you’ll undoubtedly go to the market at least once a week. Having access to good food is a desirable bonus for most homeowners, and it may impact the value of your property. Moreover, a neighborhood’s accessibility to retail businesses might be an indicator of future growth.

Schools

Even if you don’t have children, purchasing a home in a neighborhood with excellent schools might be a wise investment. This is because schools have a significant impact on a home’s resale value. Moreover, just because you don’t have kids right now doesn’t mean you never will. If you’re a first-time buyer, it might be wise to think a few years into the future and plan ahead. An easy way to research school quality is to go to the local school district’s site and download the report cards for all nearby schools.

Parks & Green Spaces

Parks and green areas are another amenity to search for in a neighborhood. These are wonderful areas for kids to play, exercise, and learn about nature. Since the start of the pandemic, they’ve become even more crucial, allowing individuals to safely leave the house and get some fresh air.

Fitness Centers

Are there any fitness facilities near the house you wish to buy? If you care about your fitness, you should look into local gyms, especially if you don’t want to work out outside. When it comes time to sell, being close to a state-of-the-art gym might be quite appealing to many purchasers. Furthermore, being close to great local gyms might inspire you to start working out more.

Entertainment & Leisure Facilities

Is there a movie theater, a bar, a museum, a sports field, or a swimming pool near your potential future home? Entertainment facilities, particularly for young people, bring a community to life. However, this isn’t only important to the younger crowd. Everyone needs time away from their hectic activities to unwind and enjoy themselves with their family and friends. So, if you’re thinking of buying a retirement home, this is also something you should look into. Living near facilities such as these will keep you active over the years.

Healthcare Facilities

Access to a hospital is crucial when choosing a house to buy. All people, but especially children and seniors, require quick access to medical care. In the event of an emergency, you need to know that you can get medical help swiftly.

Public Transportation

Most people commute from one location to another every day. That’s why access to public transportation is very important to some buyers. Public transportation is a crucial enhancement for every community, from commuting students to employees who wish to get from home to work. Furthermore, as more individuals choose sustainable lives, demand for nearby public transportation has increased in the past few years. This is because, in order to save money and reduce pollution, more individuals are leaving their own cars in favor of trains and buses.

Renovating A House In A Good Neighborhood

Like we said before, while the location is very important, the house itself can be changed over time to better suit your needs. Many people prefer buying a fixer-upper in a good neighborhood and renovating it after their wishes. This can be a better, more profitable solution. However, it can also be a challenge if you live in the house while you’re renovating. All your stuff can get in the way, and you might have to move it around the house to finish all the work. Luckily for you, there is a solution for items in your way. You can always rent out a storage unit to store your excess items during the renovation.

In Conclusion

When you buy a home, you are purchasing more than just the structure of a house. You’re also picking the neighborhood in which you’ll spend the next few years of your life. Your neighborhood has a significant influence on both your quality of life and the value of your house. That’s why it’s crucial to know what neighborhood amenities to look for when buying a home. Even if you don’t plan on using all those amenities, it’s good to have them in mind.

The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to search for a better deal on a home. Sellers, however, aren’t offering a discount these days; they’re holding steady on price.

According to the most recent NAR Flash Survey (a survey of real estate agents from across the country), agents were asked the following two questions:

1. “Have any of your sellers recently reduced their price to attract buyers?”

Their answer: 72% said their sellers have not lowered prices to attract buyers during this health crisis.

2. “Are home buyers expecting lower prices now?”

Their answer: 63% of agents said their buyers were looking for a price reduction of at least 5%.

What We Do Know
In today’s market, with everything changing and ongoing questions around when the economy will bounce back, it’s interesting to note that some buyers see this time as an opportunity to win big in the housing market. On the other hand, sellers are much more confident that they will not need to reduce their prices in order to sell their homes. Clearly, there are two different perspectives at play.

Bottom Line
If you’re a buyer in today’s market, you might not see many sellers lowering their prices. If you’re a seller and don’t want to lower your price, you’re not alone. If you have questions on how to price your home, reach out to a local real estate professional today to discuss your needs and next steps.

If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 10.8% from the same time last year. That exceeds expectations and is great news.

The troubling news from the report is that the sold inventory is not being replaced. As NAR explained,

“Total housing inventory at the end of December totaled 1.40 million units, down 14.6% from November and 8.5% from one year ago. Unsold inventory sits at a 3.0-month supply at the current sales pace, down from the 3.7-month figure recorded in both November and December 2018. Unsold inventory totals have dropped for seven consecutive months from year-ago levels, taking a toll on home sales.”

The situation was also addressed in a recent Zillow article stating,

“The number of for-sale homes in the U.S. is at its lowest point in at least seven years, and the shortage appears poised to get worse before it gets better.”

Bill McBride of Calculated Risk further noted,

“Inventory always decreases sharply in December as people take their homes off the market for the holidays. However, based on the data I’ve collected, this was the lowest level for inventory in at least three decades (the previous low was 1.43 million in December 1993).”

Why is inventory falling so dramatically? I thought the housing market had softened.

A year ago, that was the case – but the market shifted again. Skylar Olsen, Director of Economic Research at Zillow, explains,

“A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a short-lived mirage as buyers came back into the market and more than erased the inventory gains. As a natural reaction, the recent slowdown in home values looks like it’s set to reverse back to accelerating growth right as we head into home shopping season with demand outpacing supply.”

What does this mean if you’re a homeowner thinking of selling?

Now is a great time to consider putting your home on the market. The competition (number of houses on the market) has not been this low in decades. It’s best not to wait for the inventory (both existing homes and new construction) to increase in the spring, as it always does.

Bottom Line

The supply of homes for sale is at a historic low. Buyer demand is surprisingly strong. Now would be a great time to sell.

If you’ve traveled in the last few years, you may have stayed in a vacation home at some point. You may also have wondered whether you could turn your own home into profits by renting it out to travelers. If this is the case, and you are looking to flip your home into a profitable vacation rental property, there are some simple steps you should take to maximize your ROI.   

Clear Out Any Clutter

When folks travel for work or vacation, they want to feel relaxed and calm in their vacation rental home. So before you rent your home out for the first time, make a concerted effort to get rid of clutter that can cause guests extra stress. Wondering where to put all of that excess furniture and decor? You may need to consider renting a storage unit. Self-storage in Naperville can be rather affordable, especially when you use online search tools to find the best prices in town. Self-storage units have averaged $71.73 for customers renting in the last 180 days, but your rental rate may be higher or lower depending on how much room you need and where you rent.

Invest in Home Security

Hopefully, your rental listing will be popular and your home will be booked throughout the year. Even so, it’s highly likely that your property will be vacant from time to time and you may not be nearby to keep an eye on it. That’s why homeowners who are thinking about listing their homes as vacation rentals should consider adding home security. With so many options available, from monitored systems to security cameras, talking with a local security expert about what’s best for your vacation rental can ensure that you make the right investment. As you think about home security, you should also think about updating your locks to allow convenient access and to prevent the key to your home from being copied by renters.

Choose Furnishings Wisely

Installing smart locks and a security system can help protect your property, but you also need to think about preserving the contents of your home if you want to fully protect your investment. To ensure that rental guests don’t damage sentimental or expensive home furnishings, you can replace those items with budget-friendly furnishings that still look luxurious. Ikea is a top shopping destination for homeowners looking to deck out a vacation rental, but stores like Target can offer options too. As you select new decor and furniture for your vacation rental, you should also include themes and design elements that will attract renters and garner glowing reviews.

Add Some Extra Amenities

If you want to guarantee more ROI on your new vacation rental, it’s important to understand which amenities guests are looking for the most when they choose a vacation home. This list may seem fairly long, but the items included really just consist of little touches that help travelers feel at home in your rental property. Adding smart locks to allow for 24-hour check-in and access to the home can definitely help too, but you should go through each room to create a truly relaxing and memorable experience for your guests. If you want to impress more discerning guests, try adding some luxury amenities to enhance the vibe in your new vacation rental.

Create a Stand Out Rental Listing

Now it’s time to make sure all of your hard work pays off by creating the perfect online listing for your vacation rental. Helping your rental listing stand out to travelers requires some staging and quality listing photos. For the latter, make sure that the lighting is just right and also take pictures of every area in your home so that there are no surprises for potential guests. Once you have your photos perfected and your home set up, you can list your property on one or multiple vacation rental sites, such as Airbnb, Expedia or VRBO.

Transitioning a home into a successful vacation rental is all about creating an experience for potential guests, but it’s also crucial to protect your investment. If you follow these steps carefully, you should be able to accomplish both and earn bigger returns on your rental.

Photo Credit: Pexels

Keep up the maintenance of your work because if your home doesn’t have proper maintenance it can cause various problems when you want to sell your home. You need to talk to the people who are good at the sale of their homes at a good price. They are lucky to make the best deal because they care about the proper maintenance of their homes. Whenever you want to sell your home, the first thing that can appeal to buyers is the proper preservation. Whenever your house ever goes on the market, the buyers first look to the preservations and care.

Using Leasehold Management London makes successively an easier residential development. It professionally starts to deal with many complex tasks about property management. It includes the financial aspects of expenditure, holding, and collecting funds.

Some very important home maintenance items make a house stand out that is the result of regular maintenance. You need to do a lot to keep up the working and appearance of a home. Performed some tasks for repairing the house improper items so that it helps to avoid costly replacement every day. Keeping little things on point is worth the effort while selling your home to the customers. These home maintenance tips can go a long way in helping the proper look of the home. Customers need every item to be proper and fixed hence it is necessary to have a look at each item to fix problems. It helps your sale goes smoothly and does not end up on failing the home inspection. You need to keep this in mind that a home examiner can tell when a landholder has not worked with regular home maintenance items.

Here are some ways to look after your home maintenance:

Maintain Your Strainers

The most important maintenance tips for the landowner is to make sure about the maintenance of the filters and strainers. Keep checking and changing your heating and cooling filters. Sometimes it occurs that the heating and air conditioning work tough in pushing air out of your house. Hence changing the filters regularly helps to maintain the home items. It helps to operate efficiently and effectively.

This is concluded that sometimes it requires an important amount of energy to run air out of the home. Because it fails to install a filter and it makes the process more tough and challenging. You need to pay particular attention to the filter you are using. This is known as the most important maintenance item. This needs to be checked and up to date

. Some filters are needed to be changed every month.

Maintain the batteries:

Maintaining the batteries is a small and important maintenance item. While changing the batteries, it helps to maintain the safety of your families. Make sure that while smoking, there are sometimes that carbon monoxide detectors are not working better. It depends on the safety of your families.

If you are avoiding the maintenance of smoke, it destroys home and destroyed home by a fire. Having carbon monoxide detectors helps you to face further difficulties. It helps you to be safe and secure.

 

Clean your Boiler:

While heating and cooling systems, it causes dust and sand. The dust and condensation can lead to the poverty of your ducts and units. It is a better idea if you allow an annual inspection service professional to look at the units. The service person will verify how your system is functioning? Is it requiring any maintenance? Or is it functioning as it should be? This helps to inspect and clean the boiler and furnace. When you have a heating system that is repaired by oil, the maintenance requirements take time. Oil doesn’t burn and clean as gas. Hence heating companies recommended an oil heating system to be checked every year. It is better to keep in mind that holding up with home maintenance on your heating system is very important in your daily life. Consider that if a customer sees you have not been maintaining any item of your home, he might take this into account. Protection of your heating system is a maintenance tip that should never be neglected and it is an expensive item to replace.

 

Check Your Water Heater:

A water heater usually performs well for so long. It may heat thousands of masses of water a year. It is like every utilization that can perform well for a long period. It is recommended to check the water heater every year. If you notice any minor problems or leaks, you must consider a plumber or water heater installation company to check what is wrong with the water heater. If you have hard water, seals have a way of failing hence water heater company must check the heater.

Check a failing water heater before it causes some serious problems in the heater. Home inspectors need to pay particular attention to the heater. Most householders don’t pay attention to the leaking fittings until the water heater becomes a serious problem. It should be checked every month.

 

 

Check Your Toilets:

Home inspectors notice every problem. They checked the critical problems and are used to maintain that issue. If you are having some problems with your toilets or faucets, home inspectors checked the problems. This problem needs to be checked every month. Water will find any way to outflow when it is under pressure, therefore you need to fix the problems of the faulty seal if you are hand or if you do not then call a plumber to fix the problem before it becomes critical.

 

Maintain Your Front Door:

The front door is usually the first look of your home. It depends on your front door that how it gives the best or the worst texture of your home. This should be maintained every year. You can also clean our polish your door for a new and a natural look. You can also try to paint it with some good colors. Most of the customers like a well-maintained and new natural look of the front door. Consider upgrading to the home items that can be visually appealing.

 

There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage.

Don’t Become Trapped
A recent article by Apartment List addressed rising rents by stating:

“Our national rent index is up 0.1 percent month-over-month, marking the sixth straight month of increasing rents. Year-over-year growth now stands at 1.2 percent.”

The article continues, explaining that:

“Rents increased month-over-month in 62 of the nation’s 100 largest cities, down significantly from the 85 cities that saw rents rise last month. That said, rents are still up year-over-year in most of the nation’s largest markets — 77 of the 100 largest cities have seen rents increase over the past twelve months.”

Additionally, Urban Land Magazine explained that,

“Currently, nearly half (47 percent) of renter households are cost burdened (i.e., paying more than 30 percent of income for housing), while 25 percent (totaling 11 million households) are severely cost burdened, paying over 50 percent of their total household income for rent.”

These households struggle to save for a rainy day and pay other bills, including groceries and healthcare.

It’s Cheaper to Buy Than Rent
As we have previously mentioned, the results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

The updated numbers show that the range is an average of 2% less expensive in Honolulu (HI), all the way up to 48.9% less expensive in Detroit (MI), and 26.3% nationwide!

Know Your Options
Perhaps you have already saved enough to buy your first home. A nationwide survey of about 1,166 renters found that 34% said they rent because they cannot afford to buy, 29% said they cannot afford to buy where they live, and nearly a quarter (24%) were saving to buy.

Many first-time homebuyers who believe that they need a large down payment may be holding themselves back from their dream homes. As we have reported before, in many areas of the country, a first-time homebuyer can save for a 3% down payment in less than two years. You may have already saved enough!

Bottom Line
Don’t get caught in the trap that so many renters are currently in. If you are ready and willing to buy a home, find out if you are able. Have a professional help you determine if you are eligible for a mortgage today.

Getting ready to put your house on the market in 2017? Or are you just getting ready for spring in general? I can’t write this article any better…check out http://embracinghomemaking.net/2015/04/200-things-to-throw-away/.