In 2008 I began seeing an increase in multi generation homebuyers. At that time most households consisted of Grandma/Grandpa, Mom/Dad and the kids. Mom and Dad worked, Grandma & Grandpa took care of basic household chores, grocery shopping and childcare needs. Beginning in 2011 I began to see 4 generation households. Great Grandparents, Grandparents, Parents and children.[..]
“Men acquire a particular quality by constantly acting a particular way… you become just by performing just actions, temperate by performing temperate actions, brave by performing brave actions.”
Aristotle – Greek Philosopher 384 B.C.-322 B.C.
Whether we like it or not we all judge each other based on first impressions. Certainly dress and attitude are seen first. Standing with correct posture, speaking in clear sentences and dressing in an appropriate manner all contribute to a positive first impression. Dressing in an appropriate manner depends on the business being conducted. Ranchers buying and selling land will dress[..]
There are articles and news reports almost every day declaring housing prices and interest rates rising.
Some buyers are beginning to feel like they must purchase soon or they won’t own a house. The problem is buyers sometimes start to feel rushed and pressured leading them to accept loans they would not previously have agreed to.
Here is an example of what can happen: In early[..]
“Perhaps the most valuable result of all education is the ability to make yourself do the thing you have to do, when it ought to be done, whether you like it or not; it is the first lesson that ought to be learned; and however early a man’s training begins, it is probably the last lesson that he learns thoroughly.”
Thomas H. Huxley – English Biologist 1825-1895
I predict you will see some form of this headline in the next week and over the next 4 months. Why? Because that is what the architects have designed.
Fannie Mae and Freddie Mac changed their loan qualification guidelines several years ago. They declared that in order to get more qualified buyers into houses and diminish the distressed housing inventory, borrowers with a short[..]
“Nearly all men can stand adversity, but if you want to test a man’s character, give him power.”
Abraham Lincoln – President of the United States 1861-1865
“Want of foresight, unwillingness to act when action would be simple and effective, lack of clear thinking, confusion of counsel until the emergency comes, until self-preservation strikes its jarring gong-these are the features which constitute the endless repetition of history.”
Winston Churchill – Prime Minister of England 1940-1945 and 1951-1955