Buying a Home May Make More Financial Sense Than Renting One

Buying a Home May Make More Financial Sense Than Renting One | Simplifying The MarketIf rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The median rent across the 50 largest […]

3 Graphs To Show This Isn’t a Housing Bubble

3 Graphs To Show This Isn’t a Housing Bubble | Simplifying The MarketWith 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, […]

Three Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC]

Three Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home.
  • Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes selling above asking price.
  • If you’re ready to buy a home, now may be the moment you’ve been waiting for. Let’s connect to start the homebuying process today.

A Real Estate Professional Helps You Separate Fact from Fiction

A Real Estate Professional Helps You Separate Fact from Fiction | Simplifying The MarketIf you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk […]

A Tough Choice: Renting or Selling Your Newly Remodeled House

Renting or Selling, Which is Better

  • A Tough Choice

    The decision to sell or rent your newly remodeled Fort Lauderdale fixer-upper is a tough choice indeed, but you can make the right one by carefully considering all your options. If you decide to list the house, connect with Eileen to get started.

A Tough Choice: Renting or Selling Your Newly Remodeled House 

Photos via Pixels; Article by Ed Carter: ed.carter@ablefutures.org

You’ve just spent hours, days, weeks, and maybe even months remodeling a fixer-upper in Fort Lauderdale, FL, and you’re pleased with the results. But now you face a tough choice: Should you sell this house or should you rent it out? Here, there are several factors to consider.

Continue reading “A Tough Choice: Renting or Selling Your Newly Remodeled House”

Carving Out a Functional Home Office in a Small Home

Carving Out a Functional Home Office in a Small Home

Photo Credit: Pexels Article written by Brittany Fisher: Financiallywell.info

A Gallup poll showed that 45% of people working full time were either partly or fully remote as of September 2021. Whether you work as an employee or run your own business, having a dedicated workspace at home makes you more productive and helps you separate work and business activities. Even small spaces have creative opportunities for a home office setup.

 

Home Office Budget Averages $3,500

Set Your Budget

Converting an existing room into a home office averages $3,500, but some people spend $20,000 or more. You can also go cheaper if you implement a bare-bones design. Before you make any plans, establish an office renovation budget to help choose features and finishes.

Consider Your Needs

Evaluate what you need to do in your office to help choose a location and plan the design. If you only do computer work, a small space is sufficient. If you work with blueprints, you’ll need a large space to lay out the designs. If you’re starting a business that creates physical products, you need space to store supplies, make the products, prepare them for shipping, and store inventory. Note the equipment you need to do your work.

 

Find the Spot

Home offices typically range from about 50 to 150 square feet. If your home is small, you’ll likely need to choose a small space, possibly even smaller than 50 square feet. List the spaces you need for your office to estimate the necessary size. Then, explore options in your home for the office location. Some ideas include:

  • Small unused bedroom
  • Corner of a larger room
  • Large closet that fits a desk
  • Loft space
  • Pool house or shed
  • Unused garage space

A Window of Opportunity for Homebuyers

A Window of Opportunity for Homebuyers | Simplifying The MarketMortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t […]

What’s Causing Ongoing Home Price Appreciation?

What’s Causing Ongoing Home Price Appreciation? | Simplifying The MarketIf you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home prices won’t fall. Here’s a look at two key reasons experts […]