Institute for Luxury Homes March 2023
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Equity Gains for Today’s Homeowners
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates. How Equity Has Grown in Recent Years Because of the imbalance…
One Major Benefit of Investing in a Home
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.” With spring approaching, now’s a great time to consider…
Things to Consider When Selling Your House
1. Should I Wait To Sell? Even though the supply of homes for sale has grown in 2022, inventory is still low overall. The graph below helps put the inventory growth into perspective to show we’re still in sellers’ market territory in terms of housing supply and aren’t near a neutral or buyers’ market. That…
Where do the wealthy invest? Luxury real estate is the safest investment one can make, says new Coldwell Banker Global Luxury report
U.S. affluent consumer sentiments, highlighted in “The Trend Report,” identifies the top trends and investment habits revolutionizing the global luxury real estate landscape ATHENA SNOWOCT 24, 2022 MADISON, N.J. (October 24, 2022) – A recent report indicates that real estate remains in a strong position for the remainder of 2022 and heading into 2023 as more…
Life in Reno: 10 Things to Know BEFORE Moving to Reno, NV
Living in Reno Are you considering moving to Reno, Nevada? Make sure you know these ten things about life in Reno! Reno is located seven hours from Las Vegas and only 22 miles from Lake Tahoe in the northwest section of Nevada. Nicknamed “The Biggest Little City in the World” due to its wide range of amenities but relatively small…