Homeownership creates all kinds of benefits, from educational achievement to engaged parenting practices and civic participation, according to the National Association of Realtors study on Social Benefits of Homeownership and Stable Housing.
Here’s how homeownership affects educational achievement:
This is a great time to find your dream home! Contact me to help you into the home of your dreams – your children will thank you!
Thanks to Keeping Current Matters for the inspiration and information!
Beautiful homes in the glorious Carson Valley!
2645 Nye Drive plus guest house in Minden
What an amazing opportunity — this fabulous Skyline home on one acre offers three bedrooms and two baths. The dining room is located right off of spacious kitchen which opens to Great Room and slider off to beautifully landscaped backyard. Enjoy the sunsets from the large patio at entry to home. Separate Guest House/In-laws quarters with full living area, kitchen, spacious bedroom, full bath with additional 1/2 bath includes 2-car garage. Fully landscaped with RV access. Carpet in 3rd bedroom to be stretched prior to COE. Seller to provide a $5,000 credit towards Buyers recurring/non-recurring closing costs with an approved offer closed on or before March 15, 2017.
Directions: East Valley to Chiquita to Nye
3172 Washoe Springs Road, Minden
Endless opportunities with this 6 bedroom, 3 1/2 bath (3 upstairs; 1/2 down) home sitting on 5.5 acres with a spring fed pond (with resident catfish and blue gill) and amazing views of the Carson Valley and Job’s Peak. The bedrooms are large with ceiling fans and spacious closets. Master bedroom features fireplace and deck with views to the south and southeast; jetted tub, double walk-in shower, double sinks and walk-in closet. Recent addition provides for spacious room to be used to any Buyers content as a media room or play/rec room. An additional room (no closet) allows for office space if needed. Large laundry room off of 3 car garage with workshop area and plenty of storage throughout. Laminate, carpet and tile floors. On property hot springs generates 46 acre feet of water a year to which the property owner is deeded water rights of 7 acre feet. Permit transfer fees with Department of Nevada Water Rights are $140. Seller to provide a $10K credit towards Buyers recurring/non-recurring closing costs with an approved offer closed on or before March 1, 2017.
Directions: S Hobo Hot Sprgs; W Powers; S Washoe Springs
Punxsutawney Phil predicts six more weeks of winter. Since most people list their homes for sale in spring, this is the perfect time to sell yours. Here’s why*:
Foot traffic refers to the number of people who are out, physically looking at homes right now. The latest foot traffic numbers from the National Association of Realtors (NAR) show that the number of buyers out looking for their dream homes in December reached the highest mark since February 2016. These buyers are ready, willing and able to buy…and are in the market right now! Take advantage of the strong buyer activity currently in the market.
Housing inventory just dropped to a 3.6-month supply, which is well under the 6-month supply needed for a normal housing market. This means, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices; however, additional inventory is about to come to market. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last four years. Many of these homes will be coming to market soon. Also, new construction of single-family homes is again beginning to increase. A study by Harris Poll revealed that 41% of buyers would prefer to buy a new home, while only 21% prefer an existing home (38% had no preference). The choices buyers have will increase in the spring. Don’t wait for this other inventory to come to market before you sell.
One of the biggest challenges of the housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. There is less overall business done in the winter. Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays begin will lend to a smoother transaction.
If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 4.7% over the next 12 months according to CoreLogic. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30-year housing expense with an interest rate around 4% right now. Rates are projected to rise by half a percentage point by the end of 2017.
Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should? Only you know the answers to the questions above. You have the power to take back control of the situation by putting your home on the market. Perhaps, the time has come for you and your family to move on and start living the life you desire.
*Information courtesy of KCM – Keeping Current Matters.
2101 Mountain Street, Carson City!