Coldwell Banker American Homes Blog
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17
Century 21 American Homes accepted into Pearl's prestigious Broker Advantage Program
Vienna, VA and Long Island, NY - January 22, 2018 -- Pearl Certification and Century 21 American Homes are proud to announce that American Homes has been accepted into Pearl's prestigious Broker Advantage Program. Century 21 American Homes is the first broker in New York to receive this distinction.
"American Homes is dedicated to providing the highest-quality service to our clients," said Principal Broker Mike Litzner. "There's a tremendous opportunity in residential real estate for our agents to make value visible in listing and marketing homes that have energy efficient features. Pearl Certification gives our agents the training and tools needed to showcase their full value. Pearl Certification will help our agents sell homes for more and faster."
11
Debunking the Top 4 Renting-Is-Better-Than-Owning Myths
If you've never bought a home before, some people may try to tell you that renting is a smarter choice than buying. However, for the vast majority of people, that's simply not true. Here are some of the top myths about the advantage of renting over owning.
Myth No. 1: You can't afford a down payment. Many would-be homebuyers opt for renting believing that they won't be able to afford to save the 20 percent down payment. In reality, you usually don't have to put 20 percent down. In fact, you can usually put down 10 percent, or sometimes 5 percent or less.
Myth No. 2: Renting is cheaper. Even if your monthly mortgage payment ends up being a little higher than what you might have paid in rent, that money is going toward your own long-term financial investment. When you pay rent, you're making your landlord...
7
Tax Reform: Here's What Could Impact Homeowners Most
A new year has started, and with it a newly enacted tax policy: the Tax Cuts and Jobs Act. While most changes will not be noticeable until consumers file their taxes in 2019, the new tax law stands to alter how consumers view homeownership incentives and could impact real estate markets across the country. Additionally, many consumers, but not all, may see a change to their paychecks by next month due to the new tax rate deductions. These are the biggest real estate-related tax policies and how they could affect homeowners.
1. Cap on Mortgage Interest Deduction
The Tax Cuts and Jobs Act reduced the limit for the mortgage interest rate deduction for new loans starting Dec. 15 to $750,000. Loans that were taken out before this date are grandfathered into the previous tax policy, which featured a $1 million ca...
28
Home-Buying in 2018: Purchase in the Winter or Wait Until Spring?
There are only a few days left in 2017, and if you're looking for a house, you might be down to the wire. Should you go all in and purchase now or wait until the spring?
There are multiple things to consider before purchasing a house; location, square footage and style are just three of the many factors. Whether or not to buy a home during the winter or wait until the spring is something to consider, as well. Here are six reasons why it might be beneficial to buy before the flowers start to bloom.
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You Face Less Competition in the Winter
Most Americans look for houses in the spring and buy in the summer. Approximately 50 percent of all homes are sold during the summerÂ...
3
Top Things Millennials Consider When Buying Their First Home
Millennials are factoring their pet's needs when looking to buy a home. Top things we're looking out for are homeowners associations that would restrict certain breeds and proximity to dog parks, as well as access to doggie daycare options.
Only more living space, 66 percent, and the opportunity to build equity, 36 percent, were noted by more millennials as reasons...