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August Housing Updates: Homeowner's Insurance, and where to buy your next home

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One upgrade that can reduce your homeowner's insurance rate, where to buy your next home, and your August maintenance checklist

Did you know August is National Coffee Month?! If we've worked together or if you've been an avid reader of this newsletter, I want to share my thanks with you. I'm picking 5 subscribers this month to win a coffee gift card! I'll email the winners directly, so be on the lookout - something sweet may coming your way.

What's new?

On a personal front,  holding onto the last few days of summer before my boy Kennedy is off to 1st grade. We just celebrated my boy Kaden’s 2nd birthday. Kaden also just got his 1st haircut (yes, I know he is 2, but unfortunately my boys have Mama’s “ follicle-y challenged” hair) 

On a professional front, I am super pumped to report I am a Top RE/MAX Agent again in Massachusetts so far in 2024! We still have a long ways to go in 2024, but I thank you for your continued trust, loyalty, referrals, and business.

What's happening around town? MA will be celebrating August with a handful of local events and happenings. Keep reading for more information below!

Read if your homeowner's insurance is offensively high

Anyone else slow blinking in disbelief at their homeowner's insurance rate? Here's something you can do to knock it down:

Installing a security system.

You read that right - Most insurance companies offer a discount of 2% to 5% on your premiums if you install a home security system, a few even offer up to 15%.

2024_August_Market-Update

This is where seasoned real estate investors buy

As the back-to-school buzz is upon us, I want to share a lesson I've learned from my investor clients over the years.

The potential gains of investing in properties near colleges and universities. Here's why–

  1. High demand: School and college enrollment rates remain high which is a great sign for landlords nearby.
  2. Premium rates: The demand doesn't just fill bedrooms; it gives you higher rental rates.
  3. Economic stability: Even when the market attempts to erode value, college town properties remain resilient.
  4. Mom and Dad: Oftentimes, the parents of students are co-signing on the lease, typically ensuring prompt and full payment.

If you explore this avenue, remember what's appealing to the college crowd. It doesn’t require luxury. Focus instead on proximity to campus, public transit & grocery stores.

Source: Azibo

 

 

August Home Maintenance Checklist

  • Deep clean carpets throughout your home.

  • Tighten faucets and replace washers if needed.

  • Cull out clothes and donate ahead of the fall season.

  • Clean fridge and freezer coils and replace odor-absorbing baking soda containers.

  • Clean and organize the garage.

  • Touch up interior and exterior paint.

 

 

Have questions about real estate?DSC_2031-Edit-1

Whether you're interested in purchasing your first home, moving up, downsizing, or investing, my team and I are here to be a resource to you.

Let's find you a new home. And it all starts here. Tell us a bit about your situation – buying, selling, and so forth – and one of our team members will be back in touch to discuss the details directly.
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