How much can I afford for a home? With home prices skyrocketing over the past few years, home buyers are worried about affordability. Q: How much can I afford for a home? I retired in 2020. My long-term plan was to move to a single level home. I've delayed it due to Covid but hope [...]
First-time Buyer Homes Out of Reach in 2022 Housing Market A first-time buyer finds homes are out of reach. She is looking for a home, but as a first-time buyer, she hasn't been able to get an offer accepted. Why? Q: My mom gave me a copy of Ilyce’s book 100 Questions Every First-Time Home [...]
What is a good amount of condo reserves? How do I know if my condo building has enough cash reserves? Q: How does your rule of thumb for condo reserves factor in the condo building's location? For example, the exact same building on Miami Beach and Fort Pierce would have the same reserve items and [...]
Where is the deed to my house? How to prove you own your home. Q: My husband died a few years ago and had a life insurance policy. When I got the proceeds from the policy, I was able to pay off our home mortgage. I never received the original deed from the mortgage holder and [...]
If you're planning to buy a home in 2022, you'll be facing a tough go. There are too few homes and too many buyers. If you want to be a buyer this year, here are some Home Buyer Resolutions you can make that will help. For more tips, sign up for Ilyce Glink's free Love, [...]
.Covid is a trend accelerator, and in this third part of real estate trends, you'll see Covid and the Pandemic reflected everywhere. Read more about Real Estate Trends you’ll be seeing in 2022 and sign up for Ilyce Glink’s Love, Money + Real Estate newsletter for further real estate trends and insights. Last week, we covered [...]
What are the real estate trends for 2022? Ilyce Glink recently returned from the National Association of Realtors 55th annual conference in Miami and offers this look at Real Estate Trends for 2022. For more trends and real estate news, sign up for Ilyce's new newsletter, Love, Money + Real Estate. Trends in Real Estate [...]
In 2018, there were a million electric cars on the roads in the U.S. By 2025, there will be more than 18 million electric cars on U.S. roads, according to PolicyAdvice and Business Insider. Electric car owners will want to charge their cars at home, at the mall, at work or in every parking garage. [...]
Buying a house in 2021 is hard. Is building more homes the answer? We spoke with leading real estate industry economists and observers about why it is so difficult to buy a house this year, and whether rising mortgage interest rates or building more homes will solve the new housing shortage. This week, the National [...]
Update: June 16. 2021. According to the National Association of Realtors, the U.S. is now short between 5 million and 6.8 million housing units. A new study has called for a "once in a generation" governmental response to push builders to add more single family homes, townhomes, condos, multi-family and rental properties. "We're four [...]
