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Buying and owning your home can make a big differe

Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides.

Here are three ways owning your home can give you a sense of accomplishment, happiness, and pride.

>>You May Feel Happier and More Fulfilled

Owning a home is associated with better mental health and well-being. According to the experts, owning a home can improve your psychological wellness by making you feel happier and more accomplished.

>>You Can Engage in Your Neighborhood and Grow Your Sense of Community

Your home connects you to your community. Homeowners tend to stay in their homes longer than renters, and that can help you feel more connected to your community because you have more time to build meaningful relationships. After all, it makes sense that someone would want to help improve the area they’re going to be living in for a while.

>>You Can Customize and Improve Your Living Space

Your home is a place that’s all yours. When you own it, unless there are specific homeowner’s association requirements, you’re free to customize it however you see fit. Whether that’s small home improvements or full-on renovations, your house can be exactly what you want and need it to be. As your tastes and lifestyle change, so can your home.

Owning your home can change your life in a way that gives you greater satisfaction and happiness. DM me today if you’re ready to explore homeownership and all it has to offer.

#firsttimehomebuyer #opportunity

Reach out if we can help you with real estate - John Leonardi, Broker/Owner LeonardiRealEstate.com

Buying your first home is an exciting decision and

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but you’ll have to overcome some factors that have made it more challenging in recent years. That said, if you’re looking to purchase your first home, here are two things you can consider to help make your dreams a reality.

>>Save Money with First-Time Homebuyer Programs

Being able to pay for the initial costs and fees associated with homeownership can feel like a major hurdle. Fortunately, there are a lot of public and private first-time homebuyer programs that can help you get a loan with little-to-no money upfront. And many of these programs are offered by state and local governments. To take advantage of these programs, contact the housing authority in your state and browse sites like Down Payment Resource.

>>The Supply of Homes for Sale Is Low, So Explore Every Possibility

It’s a sellers’ market, meaning there aren’t enough homes on the market to meet buyer demand. So, how can you be sure you’re doing everything you can to find a home that works for you? You can increase your options by considering condos and townhomes. U.S. News tells us these housing types are often less expensive than single-family homes. One reason why they may be more affordable is because they’re often smaller. But they still give you the chance to get your foot in the door and achieve your dream of owning and building equity.

DM me so you have an expert on your side who can help you navigate the process.

#expertanswers #stayinformed

Reach out if we can help you with real estate - John Leonardi, Broker/Owner LeonardiRealEstate.com

I can use your vote for #1 Realtor for 2023..... a

I can use your vote for #1 Realtor for 2023..... and I can't thank you enough for voting me #1 Realtor in 2022, 2020, 2019 & in the Top 3 for the past 8 years in a row! - JOHN LEONARDI

🏘️ VOTE HERE: https://fedh.stylerca.com OR LINK IN BIO 🏠 .
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#realestate #realtor #realestateagent #realtorlife #homesweethome #openhouse #interiordesign #homes #househunting #homegoals #housegoals #homesforsale #realestatesales #realty #luxuryhomes #luxuryrealestate #homeideas #newhome #housingmarket #folsomca #folsom #leonardirealestate #folsomrealestate #eldoradohills #granitebay

Comparing real estate metrics from one year to ano

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared.

Comparing this year’s numbers to the two ‘unicorn’ years we just experienced is almost worthless. By ‘unicorn,’ this is the less common definition of the word: “Something that is greatly desired but difficult or impossible to find.”

The pandemic profoundly changed real estate over the last few years. The demand for a home of our own skyrocketed, and people needed a home office and big backyard.

>>Waves of first-time and second-home buyers entered the market.
>>Already low mortgage rates were driven to historic lows.
>>The forbearance plan all but eliminated foreclosures.
>>Home values reached appreciation levels never seen before.

It was a market that forever had been “greatly desired but difficult or impossible to find.” A ‘unicorn’ year. Now, things are getting back to normal. The ‘unicorns’ have galloped off. Comparing today’s market to those years makes no sense. Here are three examples:

>>Buyer Demand
Buyer demand is down from the two ‘unicorn’ years. But, according to ShowingTime, if we compare it to normal years (2017-2019), buyer activity is still strong.

>>Home Prices
2020 and 2021 each had historic appreciation numbers. Now, we’re returning to more normal home value increases.

>>Foreclosures
Today’s foreclosures are increases over historically low foreclosure rates.

DM me so you have an expert on your side to help you keep everything in proper perspective.

#realestate #homeownership #homebuying

Reach out if we can help you with real estate - John Leonardi, Broker/Owner LeonardiRealEstate.com

Happy Memorial Day! . . . . . . . . . #memorialda

Happy Memorial Day!
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#memorialday #realestate #realtor #leonardirealestate #happymemorialday #folsomca #folsom #eldoradohills #granitebay #usa

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