Real Estate

How Many Days of Your Life Does Your Home Cost?

  Having spent years selling and appraising real estate, I’m familiar with the usual measures for valuing a house. Price per square foot, comparisons to similar properties, and the guideline of keeping housing at or below 25 percent of what a household earns are...

Living With The Realities Of A Flat Economy

For three years, clients have been asking me when the economy will get back to normal. I have started answering that this current flat economy may be the newest redefinition of normal, one of many I’ve seen in 40-plus years of writing about money. Home sales, auto...

Why Your Construction Loan Is Probably Not A Rip-Off

Recently I heard from a reader who had just finished building a new home. He noticed something on his loan paperwork that didn’t sit well: his construction loan rate floated two percent above prime. This was on top of a one percent origination fee and several smaller...

Is Real Estate Still Worth It? What Small Landlords Need to Know

Given the economic uncertainties around trade policies and their impact on the markets, might this be a good time to add more real estate to your investment portfolio? Only if you do it very thoughtfully. One of the ways I stay grounded in a broader view of economic...

How To Get Results On Homeowner Insurance Claims

If you have ever filed a homeowners insurance claim, you know it can feel more like an endurance test than a straightforward process. While insurers are legally required to honor valid claims, they have strong financial incentives to delay, underpay, or deny them...

Building Wealth With Real Estate: A Look Back

There’s nothing like cleaning out your attic or a storage unit to offer a chance to reflect on your life. I’m currently “enjoying” this opportunity as I dig through boxes holding decades of accumulation. It takes a lot longer if you stop and ponder on the contents of...