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Call Guthrie Group Homes, Real Estate at (925) 628-2436 | DRE #01117537Guthrie Group Homes, Real Estate - Keller Williams East County
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Articles about the Real Estate Market

We feel that it is important for everyone to understand what is happening in the real estate market.

While many of our articles focus on California, we also share information about the market in the United States as a whole.

6 Strategies to Save on Home Insurance Premiums

April 8, 2024 By Libby Guthrie Leave a Comment

From wildfires to floods, the past few years have brought a historic number of devastating climate and weather events to the United States. In 2023 alone, there were 28 individual weather-related disasters that caused at least $1 billion in damages each.1 These events triggered a huge influx of home insurance claims, and analysts expect the […]

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Filed Under: Homeowners Tagged With: California Real Estate, Insurance, Real Estate Market

Income Properties Are Trending, But Is Landlord Life for You?

October 11, 2023 By Libby Guthrie Leave a Comment

Income Properties Are Trending, But Is Landlord Life for You

If the thought of investing your money into brick and mortar—or perhaps some stylishly painted siding—excites you, join the club. Investing in real estate has long been one of Americans’ favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned by individual investors rather than corporations, according to […]

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Filed Under: Real Estate Tagged With: California Real Estate, Home Buying Tips, Homeowner Tips, Real Estate Market

Renovate or Relocate? 3 Questions To Help You Decide

July 16, 2023 By Libby Guthrie Leave a Comment

Renovate or Relocate - 3 Questions To Help You Decide - Brentwood California

Does your current home no longer serve your needs? If so, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there’s a lot to consider—including potential costs, long-term financial implications, and quality of life. A major remodel can be a major commitment. […]

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Filed Under: Homeowners Tagged With: Homeowner Tips, Real Estate Market, Remodeling

National Real Estate Market Update for 2023

June 14, 2023 By Libby Guthrie Leave a Comment

National Real Estate Market Update for 2023

There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further […]

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Filed Under: Real Estate Tagged With: Market Update, Real Estate Market

My Home Didn’t Sell! Now What?

March 8, 2023 By Libby Guthrie Leave a Comment

My Home Didn’t Sell! Now What?

When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can […]

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Filed Under: Home Sellers Tagged With: Home Seller Tips, Real Estate Market

The 2023 Real Estate Market Outlook

January 16, 2023 By Libby Guthrie Leave a Comment

2023 Real Estate Market Outlook

2023 Real Estate Market Outlook (And What It Means for You) Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have […]

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Filed Under: Real Estate Tagged With: California Real Estate, Real Estate Market

Higher Rates and Short Supply – The State of Real Estate in 2022

June 20, 2022 By Libby Guthrie Leave a Comment

The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had hoped 2022 would bring […]

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Filed Under: Real Estate Tagged With: Home Buyer Tips, Homeowner Tips, Real Estate Market

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
📱 Cell: 865-364-0200
🏡 Good People, Great Homes!

Most People Compare the Wrong Two Numbers 🤔⁣ ⁣ Mos Most People Compare the Wrong Two Numbers 🤔⁣
⁣
Most owners weighing "sell it or rent it out" start with two numbers: what the house would sell for, and what it would rent for.⁣
⁣
Those two numbers don't answer the question.⁣
⁣
What matters is what each path nets you over the years you'd actually hold it. On the sell side, that's the proceeds after commission, closing costs, and whatever it takes to get the deal done — and then what that equity goes on to do next. ⁣
⁣
On the rent side, it's the mortgage plus property taxes, insurance, a maintenance reserve, a vacancy allowance, and management fees if you won't be handling it yourself.⁣
⁣
And a rental pays you in three ways that arrive at different speeds: monthly cash flow, the principal your tenant is quietly paying down, and appreciation over time. ⁣
⁣
A house that barely breaks even each month can still be a strong hold. One that cash-flows can still be the wrong call if you need that equity for the next place.⁣
⁣
Run it with real local numbers for your specific house. Rent, taxes, and appreciation vary enough from one neighborhood to the next to flip the answer.⁣
⁣
Link in bio⁣
⁣
Libby Guthrie, REALTOR® 🏡 | Cell: 865-364-0200 | GGHKnoxville.com ⁣
Keller Williams 865-966-5005 | Libby@GuthrieGroupHomes.com⁣
Knoxville, Tennessee⁣
⁣
#GoVols⁣
⁣
#SellOrRent #RealEstateTips #HomeEquity #MovingSoon
5 Things That Change the Day You Become a Landlord 5 Things That Change the Day You Become a Landlord 

Keeping your old house and renting it out sounds simple. It's manageable — but five things change the day a tenant moves in, and every one of them is easier to handle before than after.

🏦 Your lender — most primary-residence mortgages require you to move in and live there for a set period first. Confirm where you stand before you plan around it.

🛡️ Your insurance — a standard homeowner's policy doesn't cover a home rented out long-term, and a landlord policy generally runs about 25% more.
📋 Your HOA — rental caps, minimum lease terms, and approval processes are the reason some owners can't take this path at all.

🔑 Your tenant — screening, a proper lease, security deposit rules, and your state's and city's landlord-tenant law. This is the part that goes wrong when it's rushed.

⏰ Your time — a few hours a month in a quiet stretch, and whole days when something breaks or someone moves out. The 2 a.m. water heater call is real.

Nothing on that list is a reason not to do it. All of it is a reason to do it on purpose.

Link in bio

https://gghknoxville.com/keep-it-or-cash-out-selling-vs-renting-your-knoxville-home/

Libby Guthrie, REALTOR® 🏡 | Cell: 865-364-0200 | GGHKnoxville.com 
Keller Williams 865-966-5005 | Libby@GuthrieGroupHomes.com
Knoxville, Tennessee

#SellOrRent #Landlord #RealEstateTips #HomeOwnership
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Hours & Info – Guthrie Group Homes, Real Estate

[one-third-first]
Location
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Brentwood, CA 94513

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info@guthriegrouphomes.com
Office: (925) 628-2436

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Keller Williams East County

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[/one-third-first][one-third]Hours
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