Esquire Real Estate Group

04/12/2022

10/22/2021

Rent payments can be unpredictable and typically rise each year, but mortgage payments remain unchanged for the entire loan period. If you're a renter in an up-and-coming neighborhood, then you better brace yourself for the rent hikes that come with increased demand for housing. Trulia's rent monitor shows that rents increased by 6.5% nationally last year, but larger metro areas experienced even sharper increases. In San Francisco, for example, rent prices rose 15.5% from 2013 to 2014.

According to real estate website Trulia, homeownership is 38% cheaper on average than renting nationally. So instead of payments disappearing into someone else’s pocket, homeowners are building equity in their own home. This is often one of a person’s biggest investment assets.  Each year that you own the home you pay more toward the principal, which is money you will get back when the home sells. It is like having a scheduled savings account that grows faster the longer you have it. If the property appreciates, and generally it does, it is like money in your pocket. And you are the one who gets to take advantage of that, not the landlord. You can then use this equity to plan for future goals.

Still Have Questions?

Contact our team, available Monday–Saturday, 8:00–6:00PM (510) 674-3682

07/22/2021

07/20/2021

It’s no secret that the Bay Area has some of the highest rents in the nation. Buying a home will be cheaper in the long run and it offers you an opportunity to build equity. In most areas of the U.S., buying a home is actually cheaper according to a National Association of REALTORS® report that shows that after 6 years a homeowners mortgage payment is lower than that of a renter. This is assuming the rent has a 5% increase each year and the homeowner is paying a fixed monthly payment.

Not only that, but there are tax savings to being a homeowner (though with the recent tax changes there may be limits as to how much mortgage interest, state and local property taxes you can write off). But according to the same report from the National Association of REALTORS®, a homeowner’s payment will be less than a renter’s payment after 3 years.

Still Have Questions?

Contact our Concierge team, available Monday–Saturday, 8:00–6:00 p.m. (510) 674-3682

07/12/2021

House prices may have soared over the last year, but most people expect that tend to continue.

The situation has caused home prices to reach record highs across much of the country, and Americans have taken notice. Gallup’s survey found that 71% of Americans believe that home prices are going to increase over the next year in their local market.

This is the highest reading since Gallup began tracking this data point, though it is not statistically different from 2005’s measure of 70%. A year ago, only 40% of people expected home prices to increase.

Expectations of rising home prices were essentially universal across the country, regardless of whether the survey respondents lived in a major city, suburb or rural area.

06/17/2021

Real estate has traditionally been one of the most sought-after asset classes for professionals and it’s available to you.

Experience our personal touch - Like you've never had from a real estate company before! Call Us - Let's See If You Qualify.

01/28/2021

You are already paying a mortgage, just not your own. Stop paying a landlord and start investing in yourself.

Interested in owning a home? Please contact me today at (510) 674-3682

Realtor,
CALBRE # 02083660

01/27/2021

Interested in building wealth through real estate investing? Please contact me today at (510) 674-3682

Realtor,
CALBRE # 02083660

01/21/2021

You’ve also heard about passive income and that renting out a property is a popular way to do it.

Passive income is money you earn from a source that doesn’t take a lot of effort from you to earn.

In general, passive income is great. It can boost your retirement savings, help you retire early, or simply help you reach your wealth-building goals faster.

Take a closer look in particular at owning rental properties and why it’s such a popular way to earn a passive income. Rental properties can be a great source of passive income.

It can provide a monthly income flow without you having to participate in any kind of daily work.

Interested in building wealth through real estate investing?

Please contact me today at (510) 674-3682

01/17/2021

Relationships are more important than transactions. Let’s connect and see if I am the right fit to find your forever home.

01/14/2021

Relationships are more important than transactions. Let’s connect and see if I am the right fit to find your forever home.

01/11/2021

Thinking about moving but wondering what your current home is worth? Contact me today and I can provide you with everything you need.