The Federal Reserve has signaled a likely reduction in interest rates in 2025. After several years of aggressive rate hikes to curb inflation, the central bank is now leaning towards easing. Experts predict a potential decrease of 50-75 basis points. This could make a significant impact on the economy, particularly the housing market. Federal Reserve’s […]
Author Archives: Bunga Alodia
Winter Real Estate Trends: A Buyer’s Guide for 2024
Winter real estate trends in 2024 offer unique opportunities for homebuyers. This season, low competition, motivated sellers, and possible tax benefits make winter a great time to buy. We don’t want you to miss out on these helpful trends, so here’s a guide on how to make the most of the winter market as a […]
November Home Maintenance Tips for a Winter-Ready Home
As temperatures drop and winter approaches, now is the time to give your home some attention. November is an ideal month for proactive maintenance to keep your home cozy, safe, and energy-efficient. Small steps now can save you significant time and money in the colder months ahead. At New Horizons Property Group, we know that […]
Should I Keep a Distressed Property?
Key Takeaways: Repair costs: Distressed properties often require costly repairs, and delaying them only increases expenses. Taxes and insurance: You’ll still need to pay property taxes and higher insurance premiums, even for homes in poor condition. Depreciation: The longer you wait, the more your property could lose value, making it harder to sell later. Legal […]
Should I Rent or Buy a Home?
Rent or Buy? Quick Takeaway Points Rent or buy? Deciding between buying and renting a home is one of the biggest choices in personal finance. While homeownership can offer stability and potential wealth-building, renting can provide flexibility and lower costs. This guide breaks down the pros and cons of each option, helping you determine which […]
Credit Score Preparation for Home Buying
When you’re buying your first home, your credit score plays a big role in determining whether you can secure a mortgage and at what interest rate. This article breaks down why your credit score is important and offers practical tips to help you prepare. Why Credit Score is Important for First-Time Home Buyers Your credit score is one of […]
September Home Maintenance Tips
As the cooler months approach, it’s time to start preparing your home with these September home maintenance tips. Taking the time to complete these tasks now will help you save on energy bills and prevent unexpected repairs during the winter season. Below are 10 essential tips to help you keep your home cozy and efficient. 1. HVAC […]
First-Time Home Buyer Tips and Answers
Being an official first-time home buyer is an exciting milestone, but it often comes with many questions and uncertainties. This guide is here to help you navigate the process by answering some of the most frequently asked questions (FAQs) first-time home buyers have. What is the First Step in the Home Buying Process? The first […]
Impact of Foreclosure and How to Avoid It
Foreclosure is more than just losing a home. It has a big impact that can affect many areas of your life. Knowing the impact of foreclosure is important. Then, you can take steps to avoid it and protect your future. The Financial Impact of Foreclosure The financial impact of foreclosure is serious. A foreclosure can […]
The Benefits of Private Money Lending
Private money lending is becoming a popular choice for many investors. The benefits of private money lending go beyond just high returns. It offers safety through real estate, flexible terms, and quick approval. Unlike traditional bank loans, private money lending meets the needs of both lenders and borrowers. This type of lending helps build strong […]