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Friday, June 7, 2019   /   by Brian Ness

What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

Some Highlights:

The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020.
CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
If you are ready and willing to buy your dream home, find out if you are able to!

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  cost of waiting

Wednesday, June 5, 2019   /   by Brian Ness

The Feeling You Get from Owning Your Home

The Feeling You Get from Owning Your Home

We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones.
No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, that feeling of safety and security you gain from owning your own home is simultaneously one of the greatest and most difficult to describe.
Frederick Peters, a contributor for Forbes, recently wrote about that feeling, and the pride that comes from owning your own home.

“As homeowners discover, living in an owned home feels different from living in a rented home. It’s not just that an owner can personalize the space; it touches a chord even more fundamental than that.
Homeownership enhances the longing for self-determination at the heart of the American Dream. Fi ...

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Wednesday, May 29, 2019   /   by Brian Ness

Multigenerational Homes Are on the Rise

Multigenerational Homes Are on the Rise

As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average life expectancy in the U.S. is 78 years old!  As a result, 41% of Americans in the market are searching for a home that can accommodate a multigenerational family.
The graph below shows the number of people by generation that purchased a multigenerational home because they will either be taking care of an aging parent or they just want to spend time together.



Of those buyers, 26% indicated they will be taking care of an aging parent, and 14% said they want to spend time with an aging parent. These numbers do not come as a surprise. According to Pew Research Center, 64 million Americans (20% of the population) lived in a multigenerational household in 2016 (Last numbers avail ...

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Saturday, May 25, 2019   /   by Brian Ness

Rochester Real Estate Talk Show - 5/25/19

Rochester Real Estate Talk Show Saturday’s from 8:30-9am on KROC-AM 1340
5/25/19 What are the most important things to know if you're selling your home? Robin Gwaltney from the Gwaltney Group | RE/MAX Results covers the list, from preparing your home to be sold to whether holding an Open House is the right move. The information she shares is just what you need if you're even thinking about selling your home.

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  real estate talk show