Real Estate Advice

Why taking a ‘House-Selfie’ is the smartest thing you can do this year

Have you had your annual check up? These annual home maintenance to-dos can save you major headaches in the long run.

TAKE A HOME SELFIE!

Taking a photo of your home once a year is great for a few reasons.

  1. Compare how your home has evolved over the years, this helps to show future buyers the growth and maintenance.
  2. If you ever have a flood or outside damage, you have an updated photo of your home pre-incident.

TERMITE CHECK!

Checking for termites and catching these little critters early can be vital in saving you hassle and money later. Drywood termites live within the wood they consume and oftentimes infest walls and furniture. They are quiet and unless you are searching will be almost impossible to detect until it is too late. Hire an inspector to pop by once a year to do an overall inspection.

HUMIDITY CHECK!

If you have ever had mold at home, you know how important this maintenance tip is. Audit your humidity every year to ensure there is no ideal condition for mold growth.

Maintaining your home will keep costs down over time, and ensure you live in the best quality condition. If you need any local referrals for home maintenance, please contact us.

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Give your Winning Team a call at (949) 842-5340 | See what your home could sell for in 30 seconds, visit thelynchgroupoc.smarthomeprice.com

Consumers grow more confident in future of economy

Source: Housing Wire

Consumers’ assessment of their current conditions remained at a 16-year high even as their confidence in the future edged higher, according to the Consumer Confidence Survey conducted by The Conference Board by Nielsen, a provider of information and analytics around what consumers buy and watch.

The Consumer Confidence Index increased to 121.1 in July up from 117.3 in June. The Present Situation Index increased from 143.9 last month to 147.8 in July and the Expectations Index increased to 103.3, up from 99.6 last month.

In 1985, the index was set to 100, representing the index’s benchmark. This value is adjusted monthly based on results of a household survey of consumers’ opinions on current conditions and future economic expectations. Opinions on current conditions make up 40 percent of the index, while expectations of future conditions make up 60 percent.

Consumers’ assessment of their current conditions improved in July as those saying business conditions are good increased from 30.6 percent to 33.3 percent. Those who said business conditions are bad remained unchanged at 13.5 percent. Consumers also held a more favorable view of the labor market, as those saying jobs are plentiful increased from 32 percent to 34.1 percent while those saying jobs are hard to get decreased from 18.4 percent to 18 percent.

Read the full story

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📲 Buying or selling a home?

Give your Winning Team a call at (949) 842-5340 | See what your home could sell for in 30 seconds, visit thelynchgroupoc.smarthomeprice.com

Consumers vote for housing as top investment

Source: Bankrate.com

Consumers voted for real estate as their top long-term investment choice for a third year in a row, according to the latest Bankrate.com survey. No-risk cash investments came in second, and stocks came in third.

Broken out by age group, younger adults divided their vote for the soundest long-term investments between real estate and cash at 30 percent each. Stocks trailed at 13 percent, behind gold. “Contrary to the notion that millennials don’t want to buy homes, their preference for real estate as a long-term investment is exceeded only by their counterparts in Gen X,” says Greg McBride, Bankrate’s chief financial analyst.

Young adults split their vote evenly between real estate and cash (at 30 percent for each), with stocks trailing far behind (at 13 percent, behind gold). Compare that to baby boomers, who choose stocks second after real estate, with cash third.

Read the full story

📲 Questions?
📲 Buying or selling a home?

Give your Winning Team a call at (949) 842-5340 | See what your home could sell for in 30 seconds, visit thelynchgroupoc.smarthomeprice.com

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