Archive for March, 2009

The Effects Of A New Take On An Old Phrase

Sunday, March 22nd, 2009

Many people all over the world have found themselves part of the “Sandwich Generation.” This group is made up of individuals who bear the distinct role of still raising children from adolescents to young adults and yet take care of or watch out for their parents. Depending on the span of the generations, the age of the participants, and the amount of attention needed, this “sandwich” can either be thin and light or hefty and stuffed. Parents who live close by and may require more hands on day to day doting, while you are still guiding your children as they face college and career choices make up the bread and exterior of your sandwich. You retain yourself as the main ingredient and the substance of that proverbial sandwich. As each day passes the bread on the outside changes with age, situations, and life’s curve balls. You yourself are also constantly readjusting what goes on between the bread as you try new ingredients in life and perhaps dare to experiment with new tastes and ideas. When another generation is added to your life you are now part of what I call the new “Club Sandwich Generation.” Your parents are still with you, your children have started ever so slowly to move towards your stage, and they have blessed your life with grandchildren. Grandparents are now Great-Grandparents and your life is fuller than you could ever have imagined. Assuming you are as involved in your multi generation’s lives as I hope you are, you now have to multi-task more than you could have imagined. This new and improved multi generation scenario has had a profound effect on the real estate market. With one generation no longer needing their large house or large apartment, and another generation in need of exactly that type of property, real estate changes hands once again. Large homes are for sale as their owners plan to downsize. Second homes are purchased to enhance the leisure in our lives. Young couples newly married or singles on their own for the first time need apartments, not quite ready for the small homes when children will enter the picture. Our lives change as the generations grow, and how and where we live is directly effected by those generational changes. Your real estate needs have to be adjusted just like so many aspects of your lives. There are great possibilities available now in this slower real estate market. Even if you need to sell to move on, deals can be structured that will work to your advantage. As your sandwich starts growing and becoming the multi level “club sandwich,” we can help you make the real estate changes you need to accommodate your new lives.
by
Susan Koslovsky

We Will Talk About These Times In Years To Come

Sunday, March 15th, 2009

Ten, twenty, and even thirty years from now when we look back on real estate in 2009 what will we say? “Prices were at an all time low.” “We should have bought when we had the chance.” “We will never see those prices again.” Who knows that we will say then, and how we will view these strange economic times. As always we must act in the world we know today and now. Years pass much more quickly than we realize and before you know it Barbie is 50, careers are close to 30 years of age, and grandchildren are starting nursery school. All this much too quickly. We sit around and reflect on all the things that happened in the distant days of yesteryear. Prices in real estate that were steadily on the rise a few years ago, shot up and out to all time record highs. Now, in what seems like just the blink of an eye, we live in a world of the flip side to that scenario. As the years go by, and we get older with each passing year, you continue to live each day to the fullest (hopefully) but yet cannot help reflecting on the days of yore. The Depression, the Roaring Twenties, The Fifties, and let’s not forget the Millennium. It’s what we do as human beings: live and move forward, yet hang on and reflect on the past. So if the expression is true, “hindsight is twenty-twenty,” what are you going to do today, to be able to talk about in the years to come? Will you sit around in a decade from now and kick yourself for not having the foresight to invest in the real estate market today when deals are at an all time low? With the economy in a very fragile state, investing in property that may or may not be your prime residence may seem out of the picture. But the opportunity is perfect and this is the time to act. Consider all your finances and available resources to see if a real estate purchase may be in your realm of possibility. Second homes for the Northerners, a beach apartment getaway for current inland South Floridians, or an investment property to rent out that covers your expenses are just a few purchases to consider. No matter what happens in the future, these prices are now at an all time low. The properties out there are worth a look and we at Koslovsky Realty are the ones to help you sort out the inventory to come up with the right acquisition for you, your family members, and your friends here and out of town. Set yourself up now so in years to come you look back on these days with no regrets that you should have been part of this opportunity of a lifetime.
by
Susan Koslovsky

Leverage Your Investment and Upgrade

Sunday, March 1st, 2009

Many first time home buyers are seeking to take advantage of historically low asking market prices. Those who are coming from rental properties are lucky not to be concerned with anything to sell, so they assess what they need and seek out all the properties available to them. They are in a unique position to buy when the market is deflated and feel confidant their investment will inflate in the future. Long time home owners sit back and think about what they could have sold their homes for a few years ago had they taken advantage of the rise in prices. Some of them are probably kicking themselves and revisiting those numbers over and over. Home owners who bought during the inflated times are facing what they paid for the homes they are in possibly regretting those buys. Well, this is the chance where both can take advantage of a unique opportunity. This is a perfect time to realize that you could upgrade to a more expensive home or apartment at a reduced price. In the reverse of what occurred a few years ago, the reduced selling price or loss you would take on your present home would be more than made up on the purchase price of a new and upgraded property. Buyers several years ago, who were also Sellers, were not happy with the inflated prices they paid, but justified those numbers by what they sold their then current homes for. This in turn is a way to leverage out those numbers and make it all work for you. Don’t let the deflated sale prices scare you on your current home. Take advantage of what is out there. When the prices start to go back up again, you will be on the winning side of it all, in an upgraded property. With so many unbelievable deals out there it seems foolish not to consider taking a look. You might actually find something you never thought you would be able to consider. For those who are in a strong home owner position, currently making mortgage payments, and have good credit, this can be a chance of a lifetime. Don’t sit on the sidelines and let a golden opportunity pass you by. Perhaps you wanted something larger, on the water, or in a gated community. We have the inventory for you to look at and consider. No cost, no obligation. Think about it and call us. We are more than ready to offer suggestions and show you what is available. Make this economy work better for you. Go get ’em!!!
by
Susan Koslovsky