Buy a new home now, before prices go back up

The world of real estate is a treacherous ground, and few investors know exactly when to buy or sell a property. It is even harder for the regular consumer that has to do a lot of research before initiating a transaction. So far, 2017 has presented itself to experts...
Read More

First steps to follow when looking for a new house

Buying a new home can be a life-changing experience. Depending on your transaction strategy and on your final choice, you can bring quality to your life or lose your good health to stress and financial pressure. Fortunately, there are a few certain steps that you can...
Read More

Why housing conditions are important for our health

Housing conditions are considered the primary factors behind health problems in several regions of North America. There is a complicated relationship between the state of a house and the wellness of its residents. Every year people sustain both physical and mental...
Read More

Earnestness

Every served client helped us raise above competition, recommending us further.

Professionalism

The highest education our agents received throughout time, ensured success.

Competitiveness

A great ratio investment / results, one of the best ROI in the real estate business

Communication

Ideas are yours! Your goals are better understood if connections are done right.

Buy a new home now, before prices go back up

Buy a new home now, before prices go back up

The world of real estate is a treacherous ground, and few investors know exactly when to buy or sell a property. It is even harder for the regular consumer that has to do a lot of research before initiating a transaction. So far, 2017 has presented itself to experts as an excellent opportunity for buying a new home. Many of them believe that this is the ideal time to make a new purchase before the prices go back up and you find yourself stuck with an inadequate budget. Here are some expert predictions that will help you make the right decision before another financial bubble bursts:

Prices still ascending

The real estate market has been witnessing a steady increase in prices in recent years. After the industry recovered from the economic crisis that ravaged through several businesses during the last decade, it seems that the situation is slowly returning to normal. Experts believe that the housing costs will continue to rise all the way through 2017. However, the predictions for the next few years are not that optimistic. Many expect a sudden increase that will make it difficult for the everyday user to buy a house.

Mortgage rates are not stable

The volatility of mortgage rates is something that concerns many experts in the real estate field. Some even recommend their clients to avoid deals with banking institutions that offer low mortgage rates for long-term payment. At the moment, the mortgage rates in the USA are at a record high. The problem appears when you strike a deal with a bank for a lower rate, and then it quickly rises back to its usual quotation.

Less housing opportunities

It seems that the current state of the world economy cannot support a flourishing building industry. In fact, new houses are being built at a slower rate than any time in the past 50 years. The main consequence that results from this fact is that there is a higher demand for new apartments and a significantly lower offering. The fundamental law of supply and demand indicates that this situation allows sellers to dictate high prices on a constant rise.

The migration of millennials

One social aspect that influences the real estate business is the recent migration of millennials from the coastal areas to the central regions of the United States. The millennials are the people born at the beginning of the 1980s and who have now reached the financial stability required to become homeowners and buy their first home. However, the fact that they are swapping the richer coastal states for the inland territory suggests that their buying power is not that high.

Profit from political instability

The current political situation of the United States has a direct effect on the evolution of the real estate market. The lack of political balance leads to uncertainty, which in turn challenges property sellers to make irrational decisions. Some of them might increase the prices to ungrounded proportions and blow up the entire industry. Others will be eager to sell even if they undervalue their properties. You can benefit from this instability and buy a new home now before prices go back up.

First steps to follow when looking for a new house

First steps to follow when looking for a new house

Buying a new home can be a life-changing experience. Depending on your transaction strategy and on your final choice, you can bring quality to your life or lose your good health to stress and financial pressure. Fortunately, there are a few certain steps that you can follow to acquire a new home quick and easy. Follow these tips to make looking for a new house a pleasant and memorable life event:

Take it easy

The first thing that you should consider when looking for a new home is to keep your calm. Losing sleep over the idea of a new residence will only bring you misery and can even lead to losing your mental health. Remember that you are not the first person in this situation and that many before you had to relocate eventually from their long-established home.

Analyze your financial situation

When you get down to business, the most important aspect that you have to take into account is your financial situation. Calculate your life’s earnings and establish the budget that you can safely invest in a new house. Next, consider all the taxes, fees and legal obligations that you will need to pay to complete the transaction. This strategy will give you a clear view of how costly the entire operation will be, and if you can sustain future mortgage payments.

Talk to mortgage specialists

The current economic situation enables only a small number of people to buy a new house upfront. Most families change homes with the help of banking institutions and mortgage specialists. Therefore, the next thing that you should do is talk to a broker or a real estate expert that can evaluate your assets, discuss your plans and offer you some viable options.

Keep your banking options open

Just like a medical condition requires the attention of at least two doctors to get a reliable diagnose, buying a new house requires the opinion of multiple specialists. Try to present your home-swapping plan to several mortgage experts and banks to get more options for your future transaction. More than that, after you get the support of a banking institution, you should look for a second lender who can have your back, financially speaking, if the initial deal breaks down.

Pick your future neighborhood

Now that you know how much you are willing to invest and what is the ideal long-term payment plan for you, it is time to look for a new home. Firstly, look for a neighborhood where you would like to spend the next years of your life. Depending on your familial situation, you can pick a quiet suburb, if you have kids or a downtown apartment, if you are single and you want to live close to the local nightlife scene.

Check for utilities and repairs

Once you settle on the house that will soon become your loving home, there are a few small thing left to do: test the house for urgent repairs, utility debts and cleanliness. Ask a real estate expert to investigate these issues for you. Paying a small sum for this information before buying the house can save you a lot of money in the future.

Why housing conditions are important for our health

Why housing conditions are important for our health

Housing conditions are considered the primary factors behind health problems in several regions of North America. There is a complicated relationship between the state of a house and the wellness of its residents. Every year people sustain both physical and mental damage because their homes are not suitably structured or they lack basic facilities. Other factors that are related to the environment, hazard safety and social exchange in and around the house increase the risk of suffering from severe medical conditions.

How the cold weather affects your home

A house that lacks efficiency in saving energy is difficult to heat, especially in the cold season. A large number of old buildings are not updated to sustain healthy housing conditions, and their residents are prone to serious illnesses.

A cold house can lead to bone disease, rheumatoid ailments, and even skin damage. Another risk that many people undertake when they live in a poorly heated home is heart disease. During winter the number of deaths that result from extended exposure to cold rises significantly. Recent studies have even revealed a direct connection between mental disorders and heat deprived houses.

An overcrowded house is a health risk

The current state of the world economy has forced many people to live in crowded apartments. Even families from first world countries face the problem of congested homes. Experts believe that the risk of transmitting contagious illnesses is high in overpopulated houses and can even lead to large-scale epidemics in densely congregated communities. Furthermore, a building that exceeds the adequate number of residents is more prone to accidents, fires, and mold-related conditions.

Damp conditions can destroy your health

The medical field considers damp and molds as essential triggers of severe illnesses that include respiratory problems, tuberculosis, and nausea. If the house can quickly develop humidity in its dwelling, the appearance of mold is inevitable.

Mold comes from the fungal spores that develop in damp conditions. Besides being responsible for several respiratory conditions, mold attracts several species of house-damaging insects like house mites. For this reason, experts recommend that you thoroughly inspect a new residence before purchasing it.

The danger of carbon monoxide

It is estimated that a large number of household deaths are the result of carbon monoxide asphyxiation. This terrible fatality occurs in poorly ventilated houses and in apartments where the heating system is an improvised structure with a low level of reliability.

Carbon monoxide is toxic even in tiny doses as it affects your health in the long term. A recent medical study has revealed the damaging effects of this gas on the brain of fetuses and newly born babies. Several mental disorders have been connected to prolonged exposure to carbon monoxide.

Other important factors for house safety

Many other housing conditions can have a severe impact on your health, such as:

  • Asbestos – a toxic isolation material used in older buildings.
  • Lead – a chemical found in cheap paints.
  • Electrical hazards – a poorly electric configuration may result in devastating accidents
  • Improper food storage – pantries covered in mold affect the quality of the food stored there and implicitly the health of the consumer.

Copyright @ 2017 all rights reserved