What Happens When You Inherit a House? The Great Wealth Transfer Is Hitting Home

The largest transfer of wealth in history is not coming. It is here. Cerulli Associates projects about $124 trillion changing hands through 2048, with trillions already moving every year and the pace accelerating toward a peak in the mid-2030s. Visa's economists put boomer holdings at more than $93

How to Buy and Sell a House at the Same Time (Without Getting Stuck)

A while back I worked with a couple, John and Jane Smith, who were ready to move up. (And I'd be really impressed if you know the movie reference used to protect my client's names.) Good income, plenty of equity, and a house that would sell fast. We found three homes they loved. They missed on the f

What Does It Actually Cost to Own a Home in Year One?

Most first-time buyers spend months focused on two numbers: the down payment and the monthly mortgage payment. They get those right and think they are prepared. Then they move in. And then they find out about everything else. In the fire service, we plan for the 90%, the calls we know are coming, th

PMI Is Not the Enemy. Waiting Might Be.

I have a family member in my circle who is still waiting to have 20% saved before he buys. Every time I see him, I tell him the same thing: the market is not waiting for him. I have been saying it for a few years now. And every time, the house he could have bought is worth more than it was the last