Posted by: Marvin Remmich | December 12, 2018

Achieve Your Financial Goals in 2019

December flyer

Posted by: Marvin Remmich | August 17, 2018

Reduce Debt

August flyer

Posted by: Marvin Remmich | March 6, 2018

Tax Time Flyer

March Flyer

Posted by: Marvin Remmich | March 6, 2018

Take the stress out of tax time this year

Albert Einstein once said, “The hardest thing in the world to understand is income tax.” Luckily, tax preparers and DIY tax software take much of the mystery out of the process. Whether you prepare your taxes yourself or send them to a professional, it’s still important to collect and sort your information, including any changes in status or economics that occurred during the year.

The information I’m sending this month is intended to prepare you for tax time. Page one provides a list of financial details you may need to gather ahead of time to make the process easier,  as well as some tips to help you get your refund faster. Page two outlines steps to take to help you protect your identity from thieves who wish to gain access to your information.

Tax season doesn’t have to be stressful. With a bit of preparation, the process becomes a breeze.

Market Update:

California’s homeownership rate ballooned during the Millennium Boom, but is now free falling.  At what pint will California’s homeownership rate stabilize, and what factors will contribute to future increases and decreases?

California’s home-ownership rate is historically around 10 percentage points below the national home-ownership rate (at 64.2% as of Q4 2017).  This is due to a combination of factors, including the lesser impact the national policy of pushing the “American Dream” of home-ownership has had on more mobile Californians.

California’s rate of home-ownership has declined dramatically since the 2008 Great Recession, a drop of nearly seven percentage points since its peak year of 2006.  (If underwater homeowners are excluded from the number of homeowners since they have no equity stake in their properties, the California homeownership rate is closer to 50%).

Looking forward

For the nest 25 years or so, and in reverse of the direction taken during the past 30 years, interest rates will rise and this will inhibit homeownership – as occurred in the 1960-1980 period.  The Fed intentionally raises short-term interest rates to deliberately induce a business recession when the economy is over-performing.  The effects usually take hold in a two to three years.  More precisely, the recession sets in around 12 months after short-term rates rise above long-term rates.

This cyclical action has occurred periodically since WWII, until the early 2000s, when the Fed skipped the second phase of this action due to the events of September 11th.












Posted by: Marvin Remmich | December 5, 2016

Benefits of Listing Your Home Over the Holidays


When it comes to putting a home on the market, the majority of people believe it is always best to list during the spring and summer months. While it is true that these are the most busy seasons for real estate transactions, it doesn’t necessarily mean that it is always the most beneficial time to sell. There are certain benefits of selling a home during every time of year, and here are some of the main benefits of listing your home over the holidays!

Fewer competing listings- During the holiday season, most home sellers stop paying attention to their listings, and oftentimes take them off the market. This means you will have fewer homes to compete against, and your home will get a larger share of the attention of potential buyers.

Your listing feels more like home during showings- The key to landing an offer during open houses and private showings is to allow potential buyers to be able to imagine themselves living in your home. There is no better time to make your listing feel like home than during the holiday season. You can decorate the exterior and interior of your home, light a fire, bake some holiday cookies, and really show off the cozy potential of your listing during this time of year.

Potential buyers have more free time to view homes- During the holiday season, buyers will be working less, and be more available to come see your listing. If a buyer is able to focus more on buying a home, you may be able to make a deal more quickly. The holiday season will allow you to get more of a buyer’s undivided attention because they will be less distracted with work obligations.

Buyers tend to be more serious- If someone is looking for a home during the holiday season, the chances are high that they need one sooner rather than later. The spring and summer months tend to draw a lot of buyers that are just casually browsing listings, but aren’t in any hurry to buy. On the other hand, people searching for homes in the winter often need a place to live as soon as possible. That is really helpful for sellers because a more serious buyer will be willing to make a deal more quickly, and that can result in fast offers for you and less negotiation.

These are some of the main benefits of listing your home during the holiday season. If done correctly, every time of year has some fantastic benefits to sell or buy a home in. If you would like to learn more about how to make a great real estate transaction, contact us right away!

Posted by: Marvin Remmich | November 17, 2016

Tips for Showing a House When You Have Pets


We know how important home showings are when you are selling a home. If you do not have things go well during a home showing, you may be costing yourself thousands of dollars on the offers you receive on your house. One area of concern when showing your home, is how having pets can affect the way potential buyers see your home. For us, a pet is a part of the family, but for the next owner, they may be a nuisance that causes damage to the appeal of the home. Here are some important tips for showing a house when you have pets.

1)  Make arrangements for your pet to stay- During a showing, it is important that your pet is not seen by potential buyers. Your best option is to have your pet stay with a loved one during the showing. However, if this isn’t an option, make sure they are crated and safely secured in an area that will not be seen throughout the viewing.

2) Clean up the yard- The condition of your yard plays a huge role in the value of your home to potential buyers. It is crucial to keep the yard pristine by picking up all animal waste, covering holes that have been dug, and fixing any damage your pet may have caused out there.

3) Address the pet smell- Our pets add a great deal to our lives. Unfortunately, one of the things they add is an odor to your home. We may not notice it because we are used to it, but an unfamiliar buyer will be able to detect it, and it may drastically reduce their interest in your home. Make sure to use odor eating products to clean up, and you may want to even hire a professional service to clean your carpets.

4) Remove signs of owning a pet- You want to appeal to as many potential buyers as possible when showing your home, so make sure to not showcase that you keep a pet in the house. Many people do not want to live in a home when they know that animals have been living there, so put away any toys, bowls, beds or other items that show you have a pet.

5) Remove pet hair- Many pets tend to shed, and this can make your home look messy if not dealt with. However, an even worse problem is that pet dander can trigger the allergies of potential buyers, and completely drive them away from your home. Make sure to do a great job vacuuming, dusting, and sweeping your home before a showing to get rid of all the pet dander.

Showing your home to potential buyers is one of the most important steps of the home buying process. By following these tips, you can help assure your beloved pets do not cause the value of your home to drop. To learn more about how to prepare your home for showings, contact us today!

Posted by: Marvin Remmich | October 5, 2016


Could real estate be the hottest trend in investing? While the concept itself isn’t new, confidence and intrigue in this investment strategy are high according to recent findings from a national survey of U.S. investors by Better Homes and Gardens Real Estate, which found 89 percent of U.S. investors surveyed are interested in incorporating real estate into their investment strategies. The results also revealed that 80 percent of U.S. investors surveyed believe a real estate portfolio is one of the best financial legacies they could leave for their family

Posted by: Marvin Remmich | October 4, 2016

5 Common Regrets Homeowners May Have


Buying a home is a huge decision that will greatly impact your life. If you make a mistake during this process, it may come back to haunt you for an extended period of time. Be prepared and cautious during the home buying process to make sure you do not have regrets in the future. Here are some of the most common regrets homeowners have after purchasing a home.

1) Agreeing with every demand a seller makes- Oftentimes, a buyer will be so desperate to close on a home that they will agree with all of a seller’s terms, even if they are detrimental to the buyer. Never be so desperate for a home that you make poor financial decisions. If a seller is not willing to work with you, and create a fair deal for both parties, walk away. If you do not walk, you may end up regretting it later.

2) Not buying the right size home- When buying a home, it is important to try to anticipate how many bedrooms and square feet you will need. Many people anticipate that they will have a lot of children, and buy a home far too big for their current situation. Always remember that you can buy a larger home in the future if you end up having a large family down the road. On the flip side, do not buy a small home when you are planning on having a lot of people under the roof in the near future. Try to think ahead to what is realistic, and find the middle ground of the size home you should have.

3) Not accounting for the small details- Sometimes people overlook the small details of a home because they fall in love with one they view. When viewing homes, bring a list of all the features you need, and one for the features that would be nice to have. This will give you something to review when looking back at multiple homes you viewed. Remember that lacking many small details can add up into something huge.

4) Not accounting for location- Location is everything when buying a home, so make sure you buy in the right area. Try to account for your commute to work, proximity to schools (even if you don’t have kids yet), amenities nearby, and how the neighborhood is projected to grow in the future. Do your research, and try to buy in an area that should rise in value over time.

5) Waiting too long to look for a new home- Many people wait to start searching for a new home until they absolutely must move right away, and this is a big mistake. There is nothing worse than being rushed during the home buying process because you will likely make bad decisions out of desperation. Make sure to start looking into the home buying process long before your lease runs out, or you outgrow your current living situation.
These are some of the common regrets home buyers have after purchasing a house. If you have some forethought, and think clearly during your real estate transaction, you can avoid these mistakes and be thrilled with your home purchase decision. If you would like to learn more about how to make a great decision during a real estate transaction, contact me today!

Posted by: Marvin Remmich | September 21, 2016

Things to be Ready For When Renovating Your Home


Renovating your home can be a fantastic idea that will make your house more valuable, livable, desirable, and appealing for yourself and potential buyers. However, when preparing for a renovation while you are still living in your home, it is crucial that you are prepared for some of the potential negatives of this situation. Here are some of the things you need to be ready for when you are renovating your home!

1) It will be stressful at times- When renovating your home, it will not always go perfectly as planned. There will be times where the process is frustrating, and you will be stressed out at points during the process. It is important to go into the renovation understanding that this can happen, and making sure to keep your calm during stressful situations. It will be okay in the long run!

2) It may not always be on schedule- Renovations are one of those things that always seem to take longer than anticipated. Understand that there may be a chance your project goes past the schedule you expected, and there may not be too much you can do about it. If you go into the renovation understanding that this is a possibility, it will make it much easier to take if it actually happens.

3) You may go over budget- Sometimes renovation projects become more expensive than you originally expected. This is why it is crucial to allow a little bit of wiggle room in your budget, and what you can actually afford to spend without completely running out of money. With renovation costs, you must always prepare for the unexpected.

4) Your normal home life will be more strenuous- Living in a home in the middle of renovation can be far from convenient. It will be loud with the noises of hammering and sawing. It will be messy with what seems like endless amounts of dust, rubble, tools, and tarps. There will be people in your home throughout the day. All of this can make it very difficult to relax while you are at home, so make sure you are ready for this before you commit to a renovation.

A renovation on your home while you are living in it can be difficult, but if you are prepared for the negatives in advance, you can greatly help your chances of making it a successful project. Just remember that while there will be difficult moments, there will be a lot of great ones too. People that renovate their homes in this fashion get to see the project come together, and become stronger in the process. Just make sure to throw a fantastic party in your newly renovated home to celebrate when you are done! If you would like to learn more about renovating your home in order to increase its value before listing, give us a call today!

Posted by: Marvin Remmich | April 22, 2016

Housing Outlook Stays Bright as Economic Forecast Darkens

Housing Outlook Stays Bright as Economic Forecast Darkens

forecastWhile the outlook for overall economic growth is darkening, the housing market is expected to keep up its momentum in 2016, according to Freddie Mac’s April 2016 Economic Outlook released on Friday.

Freddie Mac downwardly revised its forecast for Q1 GDP growth from 1.8 percent down to 1.1 percent. The “advance” estimate for GDP growth in the first quarter will be released by the Bureau of Economic Analysis (BEA) on Thursday, April 28. The GDP grew at an annual rate of just 0.6 percent in the first quarter of 2015 but then shot up to 3.9 percent for Q2; for the third and fourth quarter, the real GDP grew at rates of 2.0 percent and 1.4 percent, respectively.

The first quarter for the last few years has been punctuated by slow economic growth. While some of this can be attributed to seasonality, Ten-X (then Chief Economist Peter Muoio said that last year’s dismal GDP showing in the first quarter could be attributed to the brutal winter which slowed economic activity, labor disagreements at a bunch of the West Coast ports that really slowed the flow of cargo in Q1, and low oil prices (though this was partially offset by lower gas prices which put more money in consumers’ pockets).

“We’ve revised down our forecast for economic growth to reflect the recent data for the first quarter, but our outlook for the balance of the year remains modestly optimistic for the economy,” Freddie Mac Chief Economist Sean Becketti said. “However, we maintain our positive view on housing. In fact, the declines in long-term interest rates that accompanied much of the recent news should increase mortgage market activity, particularly refinance.”

On the positive side, Freddie Mac expects the unemployment rate will fall back below 5 percent for 2016 and 2017 (last month it ticked back up to 5.0 percent after hovering at 4.9 percent for a couple of months). Reduced slack in the labor market will push wage gains above inflation, although the gains are expected to be only modest, according to Freddie Mac.

While the economic forecast for Q1 has grown darker, the forecast looks bright for housing in 2016, however.

“We expect housing to be an engine of growth,” Freddie Mac stated in the report. “Construction activity will pick up as we enter the spring and summer months, and rising home values will bolster consumers and help support renewed confidence in the remaining months of this year.”

Freddie Mac

Low mortgage rates have boosted refinance activity in the housing market during Q1. The 30-year fixed mortgage rate averaged 3.7 percent for the first quarter, which drove an increase for the 1-4 single-family originations estimate for 2016 up by $50 billion up to $1.7 billion. Rates are expected to bump up, however, and average 4 percent over the full year of 2016, according to Freddie Mac. House prices are expected to appreciate by 4.8 percent over 2016 and 3.5 percent for 2017; homeowner equity is expected to rise as a result of the home price appreciation, which could mean more refinance opportunities.

The low mortgage rates combined with solid job growth are expected to make 2016 the strongest year for home sales since the pre-crisis year of 2006 despite the persistently tight inventory of for-sale homes, according to Freddie Mac.

“Sales were slow in the first quarter, but trends in mortgage purchase applications remain robust and we expect home sales to accelerate throughout the second quarter of 2016 as we approach peak homebuying season,” Freddie Mac said.

« Newer Posts - Older Posts »