As expected, my friend has put an offer in on a home. It's a condo just north of town. It has loads of natural light streaming in and satisfies her needs with 2 beds and 2 baths. Having been involved in real estate for over a decade now, I gently offered my 2 cents about it being a seller's market and all that. In the end, she is committed to being in this home for at least 5 years and is willing to ride the inevitable ebbs and flows of the market along the way. She's happy and I'm thrilled for her to start building equity.
Something I've learned over the past few months is the long-standing real estate mantra about location rings true with one's sense of home and contentment. We all know that when it comes to selling your house, the location will have a direct impact on the selling price, popularity and time on the marke...