Maria Ondrish Realtor Salesperson

09/03/2025

http://www.homesthatyouwant.com/?mobile=no&fbclid=IwRlRTSAMkpsNleHRuA2FlbQIxMAABHnIyNxO1R9QJcZbLmp5MLka6c63e-3_KbSEWiqaW01O57UXZf74Y-D3LMN4G_aem_HO1Xe1spJBrtX0am9zaw4A

Buyer and Seller Real Estate Agent with Deausen Realty

01/30/2025

Agents who are REALTORS® will make sure a seller concession is communicated to a potential buyer to help lead to a better or faster offer. Share our Seller Concessions Consumer Guide with your clients to keep them informed. https://bit.ly/4282gfo

01/30/2025

As of mid-2024, boomers hold around $17 trillion in home equity, which is about HALF of the nation’s total homeowners’ equity.

75% of boomer homeowners plan to pass their homes or proceeds to their kids, according to a survey from Freddie Mac. The anticipated transfer of wealth is expected to be vast and will likely reshape the finances of younger generations.

🏡 What this means for millennials:

The upcoming wealth transfer is set to bring big changes for millennials, who will inherit properties that have significantly increased in value. With today’s high mortgage rates and home prices making it tough for buyers, inheriting real estate could be a game-changer.

Freddie Mac has introduced tools to help, including specialized mortgages that allow homeowners to renovate or build ADUs (Accessory Dwelling Units). These additions can create extra income and help baby boomers stay in their homes longer.

This "silver tsunami" could lead to a transfer of wealth that will lead to long-term financial stability for generations to come.

STORY: https://rltor.cm/gjx01l

01/30/2025

Maybe this year is finally that year

01/30/2025

Rising home insurance premiums and property taxes are putting a strain on homeowners, driving up their monthly expenses. Insurers have raised rates due to losses from natural disasters, while skyrocketing home values have led to higher property taxes. As of September, a record 32% of the average mortgage payment went to property taxes and insurance (the highest rate since 2014, per Intercontinental Exchange).

In certain metro areas like New Orleans and Miami, more than 25% of borrowers are paying over half of their mortgage on taxes and insurance. These increasing costs add to the already high home prices and elevated mortgage rates, making homeownership even less affordable. For some homeowners, particularly older ones on fixed incomes, these rising expenses are becoming a financial burden they hadn't planned for.

The spike in taxes and insurance is even pushing some homeowners to sell. In places like Florida, where property taxes and insurance have surged, potential buyers are deterred by high mortgage rates and the threat of natural disasters. With fewer buyers in the market, some homes are sitting unsold for over a year.

As these costs continue to climb, they could eventually lower home prices, as buyers adjust to the fact that more of their budgets are going toward taxes and insurance, leaving less room for the mortgage itself.

01/30/2025

Most homeowners insurance policies cover fire damage. Some may limit coverage if your risk is higher. Here's what you need to know about understanding your coverage.

01/30/2025

11/15/2024

The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing.

11/15/2024

Are you a seller looking to get your home off the market as quickly as possible? REALTOR® Dale Mattison shares that most buyers are looking for turnkey opportunities—so keeping up with maintenance, decluttering your space, and adding curb appeal are just a few simple ways to make this happen.

Tune in to Real Estate Today to learn more of his favorite tips, available wherever you get your podcasts! https://www.nar.realtor/real-estate-today?cid=sm_RET1223

11/15/2024

Is it time to spruce up your home with these affordable tips?

We've all dreamed of renovating our homes, swapping out our dated furniture and tired old rugs for some gorgeous new items. While we're dreaming, it would be great to update our flooring and maybe...

09/07/2024

These are inexpensive upgrades you can do to your home which will help it sell!

Not every home makeover requires a huge budget — as long as you can stick to one.

09/07/2024

There are options if you are not married yet but want to purchase and own a property with someone else. This article talks about what you should consider doing to help the process. It also gives ideas on what decisions you may face in the future after home ownership. Contact me if you have questions and thinking of sharing home ownership with someone! I can help you buy and sell your home! MD Licensure

While many people get married before they buy homes, there are a lot of benefits to home ownership that single people can take advantage of as well. Learn More: Here's When To Buy a New House,...