Sergio Garcia & Sofia Garcia, Realtors with Samson Properties
Do you know your community’s price-to-rent ratio? It compares the cost of renting versus buying a home. To calculate the price-to-rent ratio, divide your area’s median home price by its median yearly rent price. The higher the ratio is, the more expensive it is to buy compared to rent. Even if renting seems like the …
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Some financial experts caution against buying a home unless you plan to own it for at least 5 years. This is because there are costs associated with purchasing and selling a home, and it may take time for the property’s value to rise enough to offset those expenditures. If you aren’t sure about your new …
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Interested in investing in real estate? 🏠💰 You’ll need to understand cap rates. A property’s cap rate (or capitalization rate) is an estimate of its rate of return. To find a property’s cap rate, divide the net annual income you expect it to generate by its current market value. Cap rates are a great tool …
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Despite what you may hear, there's no single right answer. But, don’t panic—we’re here to help! Start by asking yourself these 5️⃣ questions: ❓ How long do you plan to stay in the home?You’ll get the most financial benefit if you remain in place for at least 5 years. ❓ Is it a better value …
According to the US-based National Association of REALTORS, 43% of households would be willing to move to accommodate a furry family member. The top criteria for their new home? 🌳 Fenced yard 🏘️ Larger home 🧱 Pet-friendly flooring What pet-related features are at the top of your list? Would you move for your animal? Comment …
GarciaSHomeS Real Estate Blog 