It’s impossible to predict the future, but here’s a look at where the real estate market stands at the beginning of 2020.
First-Time Buyers Toss Their Hats in the Ring
First-time buyers comprised 33% of all home buyers, according to a NAR 2019 Home Buyers and Sellers Generational Trends Report.
Explained: Many older millennials (ages 29 to 38) are getting into the market.
Bigger Picture: Low rates make a monthly mortgage more appealing than the monthly rent, encouraging young people to purchase a home and build equity.
Home Prices Continue to Rise
Home prices crept up slowly year-over-year in 2019.
Explained: Inventory is still tight, contributing to a steady increase in prices.
Bigger Picture: Despite this steady increase, historically low mortgage rates make the monthly payment more affordable.
Existing Home Sales Looking Up
Existing home sales increased in 2019.
Explained: Buyers took advantage of low interest rates, leading to more homes being sold.
Bigger Picture: It’s a good time for sellers, with homes spending about a month on the market.
The market is always changing so don’t hesitate to call us at 617-699-8928 to get the latest real estate outlook for your city or town!
*Sources for this post include: National Associate of REALTORS Existing-Home Sales Data, 10/19; CoreLogic Home Price Index Report, 10/19; NAR 2019 Home Buyers and Sellers Generational Trends Report.
Last week we shared a post on how to Travel Like a Pro. This week we’re sharing how to pack like one. Even if you’re only traveling for a few days, a well-packed suitcase can save you tons of time and stress, both at the airport and at your final destination. These tips will help you pack like a pro!
- Always making a packing list ahead of time!
- Roll, don’t fold. Organize clothing and toiletries in packing cubes, and use vacuum bags for bulkier items.
- Swap out the old broken zipper suitcase for a lighter, more modern one. Checking luggage can be a hassle. Try to travel with your carry-on only.
- Wear heavier shoes and coast during travel to save space in your suitcase.
- Download eBooks and movies onto your mobile device, tablet or laptop for more room in your carry-on bag.
- For the perfect long-haul trip, invest in some good quality, noise-cancelling headphones.
- Earplugs can come in handy both on the plane and in your hotel. Don’t forget to bring a pair.
- Portable chargers can save the day when power outlets are in short supply. If you can’t live without your device, bring a charger with you.
Are you traveling for the holidays this year? If your travel plans are taking you up in the air, make the trip more enjoyable by reducing the stress of your airport experience.
Before you embark on your big vacation, read these travel hacks including packing tips, apps to help track flight prices, ways to streamline your security experience and more.
- Find cheap flights with these apps:
Skiplagged – Show you hidden-city ticketing options to get you a flight for up to 50% less.
Hopper – Predicts upcoming price trends.
- Has your flight fare lowered since you booked? Contact the airline — some will give you the difference back in airline credit.
- Skip long security lines. Apply for TSA Precheck ($85 for five years) to save time and stress. For international travel, apply for Global Entry ($100 for five years) to expedite the customs process. Fun fact: In February 2019, 92% of TSA Precheck passengers waited less than 5 minutes.
- Give up your seat for a travel voucher. If you’re not in a rush to get to your destination and you find yourself on an over-booked flight, let the ticketing counter know. They may offer you travel vouchers for giving up your seat.
- Long day of travel ahead? Head to the airport’s website to pre-book an airport lounge pass. Gain access to a quiet space with complimentary refreshments, magazines, WiFi, etc. There is an upfront fee, but if provides a relaxing start to your travels.
And one more pro tip: Email yourself a digital copy of your driver’s license and passport in case they are lost or stolen!
Whether you’re a frequent flyer or making your annual visit home for Christmas, we hope these tips will help you spend less time stressing about the journey and more time enjoying your destination.
Whether you want to visit the Great Wall of China or start your own business, chances are you’ve got a dream in your life that you’d like to turn into a reality. The hard part is figuring out how to make that happen! With a little inspiration and some direction, it’s possible to translate your dreams into achievable goals.
Last year, I turned my dream of owning my own real estate agency into a reality. Building Lindo Realty Group has required a lot of hard work, but has been worth every minute! In the year and half that we’ve been in business, we’ve welcomed several new and seasoned real estate agents to the LRG team, including my lovely wife, Renee, and celebrated a record number of closings in one month. There is nothing I love more than helping members of the South Shore community buy or sell their homes!
This month, I’m sharing a road map to help you begin your journey. My hope is that this information will leave you hopeful and inspired.
Tips on how to turn your dreams into solid goals:
- Visualize Your Dreams – Create a vision board with pictures of what you want to achieve, and glance at it regularly. Don’t worry if your dreams seem far-fetched at first. Dreams require you to do what you’ve never done, to go where you’ve never gone!
- Anticipate Obstacles – Think of all the factors that may disrupt your dreams – thoughts such as, “I can’t afford it,” or “The kids schedules are too busy.” As you write your goals, acknowledge your circumstances and plan accordingly.
- Set Actionable Goals – Write down steps to help you achieve each goal, like putting away $50 extra per month in a travel fund or getting a passport. Finally, determine by what age or date you will achieve these goals to add urgency.
Best of luck turning your dreams into goals, and goals into results!
Once your home is freshened up, it’s time to think of ways you can flaunt it! Reference this guide as you plan your barbecue, bonfire or backyard party in the months ahead.
– Holiday weekends are great, but keep in mind, guests might already be going to another party, so send invites early!
– Consider posting a poll on social media to find a date that works best for your friends.
– Send invitations via social media, email or mail.
– Will you keep it small or go all out?
– Confirm attendance with guests a few weeks before to determine the amount of food and drinks you’ll need.
Determine what food you’ll serve and how you’ll prepare it. Choose one or a combination of these options:
– Cook on your own
– Host a potluck
– Hire a caterer
– Make sure the patio or party space is refreshed!
– Update or polish up old furniture.
– Consider adding fun amenities like string lights or a fire pit.
Try these fun party activities for kids (and adults) of all ages:
– Frisbee toss
– Water balloon toss
– Hula hoops
Entries must be submitted by 12 pm (EST) today (3/21) for the LRG Bracket Challenge. Don’t miss your chance to win a great, Yeti prize!
Time to enter for your chance to win one of these great Yeti prizes!
COMING SOON: The Lindo Realty Group 2019 Bracket Challenge!
More details on how to enter for your chance to win one of these awesome Yeti prizes will be posted on Sunday, 3/17/19.