1-Minute Building Health Advice: Why Now Is the Time to Invest in Your Building

Home values, prices, population migration, and building permits continue to rise in the NW including WA, OR, and UT markets.

Key Takeaways from a recent WSJ article:

In the markets J2 serves, our clients are continuing to experience:

All these factors point to the importance of keeping your home values high and protecting your investments with good maintenance, repairs and renovations, and even new construction projects.  

 

Some of this is motivated by homeowners having existing mortgages still under 4%, and with the increase in equity, second loans are a good source for renovations or repairs if necessary.  The banks we work with to help fund HOA repairs also recognize this trend and are eager to fund these projects.

 

If mortgage rates decline, we expect to see more growth and sale activity further stimulating the real estate market values.

We understand that significant repairs cost money, so we have developed ways to fund repairs from several sources in addition to loans.

 

Here are some free resources to help you strengthen your building's financial health:

If you are considering a big project, contact us for a cost-effective solution. We can help you find alternate funding sources.

 

PS - Me seeing you being a smart HOA board