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Moving Can Lead To A Major Emotional Lift

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Moving Can Lead To A Major Emotional LiftThis past year has been stressful for everyone involved. A lot of people have had to spend more time in their house than they ever have in the past. When this is combined with trying to conduct work and school from home, it is easy to see why people are so eager to get out of their house.

Even though a lot of people are spending more time outside, it might be better to consider moving entirely. The reality is that a lot of people are currently associating their home with a lot of bad memories. Therefore, moving may be a smart idea. What should people consider when moving?

Think About The Weather In The New Location

First, it is important for everyone to think about the weather. Of course, the first factor is the average temperature. People should look for a location that isn’t too cold or too hot. Ideally, this new home should have a bit of a variety. New experiences can go a long way toward improving people’s emotional health.

Then, it is smart to take a look at the precipitation level as well. Nobody wants to go an entire year without seeing rain; however, if it rains all the time, this may make it hard to spend time outside. Think about looking for a location that has mostly clear skies with an average precipitation of around 60 inches or so.

Consider the Population Level of the Location

With a general location in mind, it is time to take a closer look at some options. Usually, these are broken down into three separate categories: Urban, suburban, and rural. Largely, this is a personal decision. Individuals who are younger may be looking for a more urban area that has more “stuff” to do. Those children may be looking for a suburban area with more opportunities to play safely outside. The location is also going to dictate housing prices, which will help homebuyers set their budgets.

Consider Moving For An Emotional Lift

Ultimately, moving can be just the emotional list that people need. It is critical to think about these factors during an upcoming move. That way, everyone can make the right decision to meet their needs.

 

The Top Seasonal DIY Home Improvement Projects

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The Top Seasonal DIY Home Improvement ProjectsThere are many people who are spending more time at home these days. As a result, it is important for everyone to take steps to try to improve their quality of life at home. This means seasonal home improvement projects. With the weather nice outside, it is a great idea for everyone to think about how they can get ready for the next season. Therefore, there are a few top seasonal Home Improvement projects everyone should keep in mind.

One of the first projects that everyone should work on has to do with their HVAC unit. Right now, people probably are not running their HVAC unit much right now. Therefore, this is the perfect time for everyone to make sure they get their HVAC unit maintained. That way, if there are any issues that are spotted, they can be addressed before the HVAC unit is needed.

Check The Roof And Gutters For Signs Of Issues

It is critical for homeowners to make sure they keep their gutters clear. Otherwise, rainwater might not be able to drain from the roof away from the house. This could contribute to roofing leaks that could wind up as expensive repair bills. For this reason, all homeowners should take the time to check their shingles, their flashing, their edging, and their gutters. This will make sure the house stays safe when the weather turns down.

Look For Entry Points For Any Pests

Finally, homeowners also have to make sure they are able to keep any potential infestations away from their homes. There are lots of pests that are going to try to get inside the home as the temperature starts to drop outside. This could include silverfish, ants, cockroaches, and termites. When homeowners take the time to look for these entry points ahead of time, they can prevent these infestations from taking place.

Think About Home Improvement Projects Now

These are a few of the top home improvement projects that all homeowners need to keep in mind. It is critical to take the time now to carry out these home improvement projects while the weather is nice. This can prevent problems in the future.

 

There are many people who are spending more time at home these days. As a result, it is important for everyone to take steps to try to improve their quality of life at home. This means seasonal home improvement projects. With the weather nice outside, it is a great idea for everyone to think about how they can get ready for the next season. Therefore, there are a few top seasonal Home Improvement projects everyone should keep in mind.

 

What Is the Strongest Tailwind to Today’s Recovering Economy?

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What Is the Strongest Tailwind to Today’s Recovering Economy? | MyKCM

Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade.

Then came the announcement on March 11, 2020, from the World Health Organization declaring COVID-19 a worldwide pandemic. Two days later, the White House declared it a national emergency. Businesses and schools were forced to close, shelter-in-place mandates were enacted, and the economy came to a screeching halt. As a result, unemployment in this country skyrocketed to 14.9%.

A year later, the economy is recovering, and the U.S. has regained more than half of the jobs that were originally lost. However, some businesses are still closed, and many schools are still struggling to reopen. Despite the past and current challenges, there is one industry that’s proven to be a tailwind helping to counter all of these headwinds to our economy. That industry is housing. Remarkably, the residential real estate market (including existing homes and new construction) has flourished over the last twelve months. Sales are up, prices are appreciating, and more new homes are being built. The housing market has been a pillar of strength in an otherwise slowly recovering economy.

How does the real estate market help the economy?

At the beginning of the pandemic, the National Association of Realtors (NAR) released a report that explained:

“Real estate has been, and remains, the foundation of wealth building for the middle class and a critical link in the flow of goods, services, and income for millions of Americans. Accounting for nearly 18% of the GDP, real estate is clearly a major driver of the U.S. economy.”

The report calculated the total economic impact of real estate-related industries on the economy as well as the expenditures that resulted from a single home sale. At a national level, their research revealed that a single newly constructed home had an economic impact of $88,416.

Here’s how it breaks down:What Is the Strongest Tailwind to Today’s Recovering Economy? | MyKCMThe map below shows the impact by state:What Is the Strongest Tailwind to Today’s Recovering Economy? | MyKCMThe impact of an existing home sale is approximately $40,000.

Real estate has done more for our economic wellbeing than virtually any other industry over the last year. It’s been a beacon of light during a very challenging time in our nation’s history.

Bottom Line

Whether you’re buying a newly constructed home or one that already exists, you’re making a positive economic impact in your local community – and it’s a step toward your homeownership goals as well.

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