Skip To Content

Monthly Archives: December 2016

    “This is going to be the year”

    By Jill Kuchle | December 26, 2016

    Every year, it seems like the same things are on the list but this could be the year you really do invest in a rental home. Rents are climbing, values are solid and mortgage rates are still low for non-owner occupied properties. A $150,000 home with 20% down payments can easily have a $300 to... Read More

    What a Difference 50 years Makes

    By Jill Kuchle | December 19, 2016

    In 1966, a gallon of gas was $0.32 and today, it is $2.49. A dozen eggs were $0.60 but they’ve only doubled to $1.33. A gallon of milk was $0.99 and today, it costs $3.98. You could send a letter for five cents and now, it costs forty-seven cents. The average cost of a new... Read More

    Can 0.5% Really Equal 5%?

    By Jill Kuchle | December 12, 2016

    Since the election, rates have started going up and it will have a direct effect on the cost of housing. There is a rule of thumb that a ½% change in interest is approximately equal to 5% change in price. As the interest rates go up, it will cost you more to live in the... Read More

    Time May Be Running Out

    By Jill Kuchle | December 5, 2016

    During the Great Recession, some homeowners elected to rent their home rather than sell it for less than it was worth. IRS tax code allows for a temporary rental of a principal residence without losing the exclusion of capital gain based on some specific time limits. During the five year period ending on the date... Read More

About our blog

Our agents write often to give you the latest insights on owning a home or property in the local area.