‘Bucket’ Approach to Spending Reduces Stress of Retirement

(TNS)—Anyone retiring in 2019 could understandably be feeling a little skittish. There’s retirement research showing market declines in the first few years can devastate a portfolio’s chances of providing enough income for life, and recent volatility after a nearly decade-long bull market is worrisome. Interest rates moving higher could be a good sign, in theory, […]

As Cooling Kicks In, More List Prices Slashed

Conditions for home sellers are shifting. According to new research home prices are still strong, more listings have had their prices reduced—an indication that multiple-offer scenarios are shrinking, and homebuyers have more options. Across the country this month, 15 percent of listings had prices reduced, the research shows. Last January, the figure was 13 percent. Where […]

The Journey: Changes in Tax Law Lead to Shifts in Giving

Donors gave a record $410 billion to nonprofit causes last year, according to Giving USA Foundation, in part because taxpayers were bunching contributions ahead of this year’s higher standard income tax deduction, experts say. That led to worries that 2018 might be a down year for philanthropy. The higher standard deduction means fewer people will […]

3 Reasons Americans Count on Their Homes After Retirement

Retirees who own their homes outright are often at an advantage over their renting—and retired—counterparts. There are two reasons for this: their housing costs are generally lower, and they have access to safety-net cash in the form of home equity. However, all homeownership is not created equal, explains Russ Thornton, financial advisor at Wealth Care […]

Move? No Thanks, Homeowners Say

Are you happy in your home, or are you looking to move? If your answer to the first question is yes, you’re in the company of 83 percent of homeowners, according to Zillow’s annual report on Consumer Housing Trends. In fact, 63 percent have no intention of moving, either because they’re content with their current […]

Buying in the Future? Start Saving Today

This Could Take a While With inventory low and prices rebounding, affordability has become one of the foremost housing issues—both for buyers entering the market, and homeowners looking for a new, but practically priced property after selling. According to new research, accumulating enough for a down payment can take over seven years—and even longer in […]

5 Ways to Expand Your Skills in 2019

It’s a new year, and now is an ideal time to invest in yourself. Take time to explore educational opportunities and expand your existing knowledge in a specialized area of real estate. The National Association of REALTORS® (NAR) and its affiliated organizations offer numerous programs and courses to gain skills to help yourself and your […]

Conditions for Homebuyers Are Improving—Right?

With inventory loosening and prices slowing, buyers’ chances look promising—but as mortgage rates rise, how great are their odds, really? According to recently released research by Zillow, home-buying power is shrinking. In the average scenario, where a buyer earns the median national pay, a buyer could have bought a $393,700 home in January of last […]

Long Island economy uncertainty in 2019. #fakenews?

Ok, so another year has started and news companies are at it again with their 2019 articles. In today’s readings I noticed Newsday has posted an economy “uncertainty” article which might be backed by some facts. I simply see this as “big media” driving people to think a certain way. The uncertainty in worldwide economies […]