Does home ownership build wealth? That depends. Everyone has a different idea of what “wealth” looks like. For some it looks like piles of money with a Scrooge McDuck style diving board and a room full of gold coins. For others it means the freedom to travel, a little farm full of baby goats in pajamas, or lounging on a beach with a drink made mostly of tiny umbrellas.
Whatever wealth looks like to you, home ownership is one way to build financial security and emotional stability. Is it right for everyone. No. Should I being saying that as a realtor? Absolutely. Knowing which situation is right for clients is critical in helping map out their goals. I almost always encourage people to at least think about buying over renting because in our area rentals are a hot commodity. So even if you don’t plan on staying in that starter home forever, it can be a great source of passive income in the future.
Here are some reasons to keep renting:
1. You’re investing your extra income.
2. You’re saving up for a down payment
3. You want your living arrangements to remain flexible.
4. You’re working on your credit.
5. You’ll be in the house for 3 years or less.
6. You don’t want to be bothered with repairs or maintenance.
7. You don’t mind paying a premium to offset the costs of maintaining a home.
8. You want a little buffer if the market goes south.
Here are some reasons to buy:
1. You want stability.
2. You’ll be in the area for 3 or more years.
3. You have money in the bank for repairs/maintenance.
4. You want the freedom to remodel or decorate at will.
5. You want the capability to rent the house out in the future.
6. You want the tax advantage home ownership offers.
7. You want to build equity.
8. You have a long term plan & goals.
Want a more in-depth look? Contact me to set up a time to chat about the home buying process.
🏠 Hey Fredericksburg! Real Estate last month was on 🔥!! Here’s our May Real Estate Market update. Home prices were up slightly over all zip codes and the average days on the market went down a tad. All of these changes affect home values, including yours. If you want to know the new value of your home, send me an email at email@example.com with your address and I’ll send you a free update.
The hard work has been done in this turn-key, light filled home. Circa 1919, this historic home has been updated for modern living. Whether you’re sitting on the built-in banquette sipping your morning coffee as you enjoy the stunning view of the Rappahannock River, sitting on the front porch chatting with the neighbors, or strolling downtown to the various shops, restaurants, train station, or simply taking in Fredericksburg’s Historic District, you won’t want to miss out on all this lovely home has to offer.
It’s Good Friday today and you know what that means… EASTER WEEKEND!! 🐇🌷🥕 I have curated a fantastic list of area Easter Egg Hunts, Bunny Sightings, and more for your family enjoyment. They are listed here by day and organized by time so you can visit all of them! 😀 Be sure to snap a photo or two and tag your favorite (and me) so I know which ones are a hit for next year. Oh, and maybe stop by church on Sunday? After all Easter isn’t really about a bunny or candy. ⛪
SATURDAY, APRIL 20th
Easter Egg Hunt
Sponsored by the Izaak Walton League of America (Open to Members Only)
Spring Fling & Egg Hunt
@The Fredericksburg Field House
3411 Shannon Park Drive, Fredericksburg, 22408
Braehead Farm Easter Egg Hunt & Easter Bunny
1130 Tyler Street, Fredericksburg, 22401
9:30AM-1PM & 2PM-5:30PM
2019 Easter Eggstravaganza
410 Belvedere Drive, Fredericksburg, 22408
Family Paint: Floral Bunny
@Wine & Design
107 Washington Street, Fredericksburg, 22405
$20/person, recommended for ages 4+
Strong Tower: Eggstravaganza 2019
@Strong Tower Church
234 Ferry Rd, Fredericksburg, 22405
Egg Hunt for kids ages 1-9 & Glow in the Dark Egg Hunt for kids 10-11 & Inflatable fun!
Free Easter Egg Hunt
@Massaponax Flea Market
9040 Jefferson Davis Highway, Fredericksburg, 22407
Bunnies & Brunch Easter Egg Hunt
@Old Mill Park
2201 Caroline St, Fredericksburg, 22401
Family Easter Egg Hunt
33 Perchwood Dr. Unit 101, Fredericksburg, 22405
Open Gym & Easter Egg Hunt
@Paragon Gym for Kids
4175 Plank Road, Fredericksburg, 22407
EASTER SUNDAY, APRIL 21
Fredericksburg United Methodist Church Easter
308 Hanover Street, Fredericksburg, 22401
Easter Egg Hunt after each service, 8AM, 9:30AM, 11AM
Breakfast is being served by the FUMC Youth, donations will support youth missions in the Fredericksburg area.
Hope Chapel Easter Egg Hunt & Egg Roll
168 Onville Road, Stafford
Easter Egg Hunt with Donuts & Coffee 8AM,
Easter Service at 9AM
FOR THE GROWN-UPS
SATURDAY, APRIL 20
Adult Easter Egg Hunt
@6 Bears & A Goat
1140 International Parkway, Fredericksburg, 22406
Tickets & Basket Required (for ages 21+)
SUNDAY, APRIL 21
@Potomac Point Winery
275 Decatur Road, Stafford, 22554