Why Waiting to Buy a Home Could Cost You a Small Fortune

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. […]

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Biden proposal would end the popular 1031 exchange

A tax loophole that began for 1920s America is at risk of being eliminated in President Joe Biden’s new $1.9 trillion economic plan, in which he plans to fund new social programs. The tax break for real estate owners has allowed them to defer paying capital gains on property sales, and instead use the profits […]

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‘It’s a buyers, and a seller’s market,’ says Jim Bottrell

Interest rates are at a low point right now, Jim Bottrell said, Owner at Jim Bottrell Real Estate Team. Both buyers and sellers benefit from this unique time in the market, he emphasized. Bottrell detailed the differences between renting and owning, creating generational wealth through real estate, and more. Watch the full KUSI segment here! […]

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Home owners pay less taxes than renters, says Jim Bottrell

Inventory of available homes is especially low right now, making home prices soar even more, explained Jim Bottrell, Owner at Jim Bottrell Real Estate Team, this past weekend on KUSI News. People who own homes still pay less taxes than people who rent, Bottrell confirmed, citing that most of the time when landlords change rent […]

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82,338 Great Reasons to Buy a Home Today

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation […]

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How a Change in Mortgage Rate Impacts Your Homebuying Budget

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased half a percentage point from historic lows and […]

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Tips for Moving During COVID-19

By taking extra safety precautions and minimizing social contact, you can still move safely. Amid travel bans, widespread stay-at-home orders and social-distancing mandates, millions of Americans have adapted to the changes brought about by COVID-19. Countless events have been rescheduled or cancelled, but for a few people — including those who already made plans to […]

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Why Right Now Is The Time to Sell Your House

Why Right Now May Be the Time to Sell Your House

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong. […]

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