Mesa County Homeownership Boost from the Father of the 401(k)
Ever since its introduction in 1965, Americans by the millions have embraced the retirement vehicle known by its IRS handle, the “401(k).”
Ever since its introduction in 1965, Americans by the millions have embraced the retirement vehicle known by its IRS handle, the “401(k).”
If you ask the web, “what does Time is Money mean?” it tells you that time is a valuable resource, so do things as quickly as you can. That’s one way to look at it—from a superior, it probably means, “stop wasting time” or “get back to work!”
The word “estate” is one of those words that can carry a boatload of different meanings. As part of the “Mesa County real estate” caption, it’s one of the positive ones. “Real estate” means physical property that’s anything but imaginary. In fact, the U.S. Constitution initially restricted voting rights to owners of real estate!
For anyone who follows Mesa County real estate trends, this year has upended all expectations. Even following the declaration of the national pandemic emergency, the course of activity continued to follow an unpredictable path. Recently, the National Association of Realtors® Newsroom revealed new details about the unforeseen shifts in the housing market. Normally, when the national economy sputters as profoundly as it did at the onset of the pandemic, it constitutes “a condition usually associated with slower home sales and lower home prices.” The opposite has come to pass on both counts.
At Stanford, they call it the new “working-from-home economy”—one featuring “an incredible 42% of the labor force working from home full-time.” The latest Gallup survey finds 58% working at home at least some of the time. Mesa County workers who count themselves among the 51% who prefer remote work “because it improves work-life balance” will also be in sync with their employers. According to Digital Workplace’s estimate, firms that offer remote work report having a “25% lower employee turnover rate.”
Sometimes, the timing for when to list your Mesa County home is pretty much dictated by circumstances. Whether they be personal or professional changes that call for a move, when to list is (as politicians say) "baked in." When to list can't be rescheduled.
Staying on top of everything involved in keeping Mesa County homes in tip-top condition requires at least some degree of parallel concentration—a skill that can be hard to manifest when major maintenance issues are underway.
For homeowners who had planned to sell their Mesa County home this year, the sudden advent of the COVID-19 pandemic looked like the worst kind of bad news—what pundits call a “black swan”—the kind of out-of-the-blue event that thoroughly disrupts normal prospects. Sure enough, unemployment numbers soared, and businesses in any number of fields ground to a halt. As if those conditions weren’t damaging enough, for Mesa County home sellers, even showing Mesa County homes became close to impossible as everyone grappled with finding the best ways to deal with the changing conditions.
Mesa County rental properties can bring their owners substantial investment income at the same time they are quietly building equity. It sounds clever—and it is clever, as many legendary titans of industry have pointed out. Nineteenth-century millionaire-philanthropist Andrew Carnegie’s “Ninety percent of all millionaires become so through owning real estate” is typical.
Every profession creates them—an ever-expanding vocabulary of specialized terms, followed by the list of acronyms they spawn. Mesa County real estate is certainly no exception.
House-hunting in Mesa County may start on a laptop, but although “sight-unseen” purchases are on the rise, sooner or later, most forays become less virtual. Soon after one of Mesa County’s experienced Realtors® is recruited (preferably, that’s us), the hunt will go mobile. After the most likely candidate properties have been agreed upon, in-person visits will be lined up.
They were at it again last week—the party-poopers who wanted to quibble about what newspapers and broadcast media were proclaiming: a shattering of the record lows in mortgage interest rates. For Mesa County real estate followers, the argument missed what is most important: the bottom line that the rates being offered continue to create a heady environment for home buyers and sellers.
Ask any grandparent: “is it actually true that Mesa County mortgage rates averaged more than 18%?” They’ll tell you. It happened. And that was less than 40 years ago.
Most dealings in real estate are honest and above-board. But, occasionally, we run into some “schemes” we feel we should warn our customers, friends and clients about. One of the most insidious of these schemes is the Foreclosure Rescue scheme.
It is no secret that one of the key things people look at when they are buying a house in Mesa County is the bathroom. That’s why it’s so important to make your bathroom look as big, beautiful and up-to-date as possible. Unfortunately, many bathrooms these days are quite small, but there are ways of making them appear sleeker and larger.
This home is a Highlands Ranch showstopper! A 4 bed, 3.5 bath home on a large corner lot with a fenced back yard. The inside has been freshly painted from top to bottom. A vaulted foyer greets you along with a private, main floor office with glass French doors.
Dave Ramsey is a standout among media finance coaches. It’s hard to disagree with his brand of commonsensical counsel that eschews shortcuts and paths to riches that depend on newly concocted strategies.
When you buy or sell a home you must go through a process called “closing.” Closing is simply transferring ownership of the property from one person to another.
If you put your mind to it, you can come up with excuses for why it makes sense to do just about anything. For instance, if it’s Sunday and you really should go shopping to stock the fridge for the week ahead, but you’re all settled in to watch TV, you can reason that the supermarket coupons probably aren’t valid until Monday. Or, if the leaves are four deep along the garden wall, you really shouldn’t rake them until the last ones fall. If the last ones have fallen already, didn’t you read someplace that letting them molder right there is good for the soil?
When it comes to adapting and changing, senior housing in Mesa County plays a key role in an individual's future. Because everyone is different, some may not feel a need to utilize senior housing, while many others will.
When it comes to buying a home in Mesa County, buyers have a lot to worry about: The mortgage down payment, location, size and many other issues. Price shouldn't be one!
Dave Ramsey is a standout among media finance coaches. It’s hard to disagree with his brand of commonsensical counsel that eschews shortcuts and paths to riches that depend on newly concocted strategies. Mesa County readers and listeners who rely on his consistently risk-averse advice learn to avoid high-interest debt while building a solid financial base—a footing typically anchored by the equity most families build through their greatest investment, their home.
It’s been quite the year for real estate agents, with fairly large factors affecting every housing market in addition to all of the hyper-local influences in home preference. Most areas in Mesa County have seen an increased focus on outdoor spaces associated with the homes.
We knew someone who was fond of saying, “We can argue this round, or we can argue this square.” And that’s how it sometimes seems to sellers when contemplating getting a pre-listing home inspection.
For this third part of our blog series on the home inspection process we feel it’s important to talk about home inspections from a home seller’s perspective. If you’re selling a home you will definitely encounter a detailed inspection of your home from your buyer. Understanding it and working through the inspection process will help your deal go smoother for everyone.