Real Estate Survival Guide with Terry Story
Business:Investing
Steve kicks off the show with some good-humored banter about Terry’s six-seater golf cart that she’s been driving around her neighborhood and giving people rides in, for free. Then, getting serious, Steve turns to an article that says some housing markets are reaching crisis levels for affordability. Terry confirms this with data on America’s affordable housing crisis that shows a 7% annual drop in national inventory for homes priced below $100,000, making home purchases harder for lower income buyers. She also cites a 2% inventory increase in homes in the $100,000 – $200,000 range, a 20% increase in homes in the $500,000 – $1 million range, and a 30% increase in homes above the million-dollar mark. So if you’re looking for a luxury home—anything that lists for over $1 million—now’s a good time to buy because there is a lot of inventory in that price range.
July 12th - It’s a Seller’s Market for Now, But Things Could “Flip”
July 5th - Increase In Fannie Mae’s Debt To Income Ceiling Should Make Your Next House Easier To Buy
June 28th - Why Are Millennials Buying Homes Rather Than Renting Them?
June 21st - How Will Eliminating The Property Tax Deduction Affect You?
June 15th - It’s Hurricane Season Again! Do You Have The Right Insurance?
June 7th - The Stress Of Moving Is Keeping People At Home
May 31st - Low Housing Inventory Is Frustrating Would Be Buyers
May 24th - Looking For A Retreat? How About Vero Beach?
May 18th - Home Sales And Prices Spring Forward
May 10th - How To Guarantee A Return On Your Home Improvement Investment
May 3rd - What To Do When Your HOA Goes Rogue
April 26th - What Do Bankruptcy And Your IRS Refund Have In Common?
April 19th - The Home Affordability Crisis: Are You Being Priced Out Of The Real Estate Market?
April 12th - Worried About Thin Credit? Get Back On The Grid!
April 5th - Real Estate Prices Are Higher Because Of Millennials Buying Homes
March 29th - How To Buy A Home When You Already Own A Home
June 21st - How Will Eliminating The Property Tax Deduction Affect You?
Aug. 9th - Think Outside The Box To Win In Today’s Tight Housing Market
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