"Weekly Real Estate Advisor"

FOUR

TIPS

REASONS

WHY NOW IS A GREAT TIME TO BUY A HOME...

Rental rates are increasing at the fastest pace in over 35 years If you continue to pay the ever increasing rent on your current place, you ’ re saying goodbye to money you’ll never get back However, if you purchase a home, your monthly mortgage payments translate directly into e quity that you’ll be able to leverage in the future Historically, recessions do not indicate a drop in home purchase prices Even during the worst housing bubble in US history, home purchase price increases only faltered temporarily Despite the news of a recession on the horizon, we ’ ve seen home prices continue to rise In the near term, there is no guarantee that prices will drop, but long term we can be certain that prices will go up Don t miss out on an opportunity to buy at today s market prices

Experts say interest rates are at their peak and will gradually lower in the next few months While you may be signing up for a higher interest mortgage right now, you will have opportunities to refinance down the road as the Fed continues to adjust for market fluctuations Purchase prices, by contrast, are more likely to steadily rise as time passes So while you can eventually lower what you pay in interest your principal is probably better now than it will ever be in the future

While nothing in life is certain, few long term investments bear the guarantee of return on investment like real estate The reality is that property steadily increases in value across time and as you pay off your mortgage you ’ re growing your wealth With this recent market shift we ’ re seeing an increase in the number of houses on the market and a decrease in necessity of over asking price offers That means, as a buyer, you have a bit more breathing room to select the house of your dreams and purchase it close to list price

competitive

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While nothing in life is certain, few long term investments bear the guarantee of return on investment like real estate The reality is that property steadily increases in value across time, and as you pay off your mortgage, you re growing your wealth Month by month Year by year The key is making your home investment early Buy low, sell high!

Pro Tip #1

F o r s e l l e r s l o o k i n g t o s e l l , o f f e r i n g a c r e d i t t o a p o t e n t i a l b u y e r t o h e l p b u y d o w n t h e i r i n t e r e s t r a t e c a n b e a g r e a t w a y t o h e l p t h e i r p r o p e r t y s t a n d o u t a n d a t t r a c t a p o t e n t i a l b u y e r

LADY YUM

WA

If it weren’t for Whitestone Logging Camp Hoonah, you might not be stepping into the Lady Yum shop or ordering up Lady Yum macarons But the remote Alaskan village has everything to do with it See, in that backwoods place, I fell crazy in love with baking

My dad had tossed normal suburban life to the wind when he whisked my family there so he could get logging work My mom trying to cope with living in a junkyard with 3 small kids liked to tell us we were having an Alaskan adventure It helped I think Mom was pretty inventive especially when she homeschooled my brothers and I in our single wide trailer It was there I spent my days baking

Whenever I tied on my apron, she would toss me a cookbook and say, “Have at ‘ er, honey ” From chocolate chip oatmeal cookies to brownies and so much more I did indeed and Mom encouraged me all the way

Eventually, the Doritos ran out, I grew up and civilization called A business degree landed me Grown Up Jobs on a career path to fame and fortune Or, at least, to respectability, sexy shoes and happy hour with coworkers My work defined me especially the last one It also set me free As an operations manager for a wealth management firm I dealt with process optimization data management and such I was good really good! But my work felt like a prison because it was so far from my personality style and love of creativity

One part of my job I loved, though, was mentoring college grads to align their talents, abilities and passions with their work Doing so, I told them, they wouldn’t wake up in 10 years in a job they hated like I hated mine, I could have added

Okay that sounds harsh There were pros of course like heaps of experience and a hefty paycheck But I worried: What if I got so comfy with cash flow that I never left? With my 30th birthday nearing and my desire for meaningful work growing the reality of my situation hit me

Opening the Lady Yum shop was always the plan, I just didn’t know how long it would take or how exactly I would get there It required meticulous planning, tons of money, education, the perfect space, the perfect product, the perfect people, and the prefect process and most importantly, I had to acknowledge and deal with my own personal fears and shortcomings Namely I had to learn how to ask for help I had to learn how to let people help me I had to be ok and comfortable admitting to people that I didn t know everything I had to learn to GET OUT OF MY HEAD and take the first step I had to learn to be vulnerable and put myself out there Once I started doing that everything fell into place and here we are!

This first location is a way to give my friends (whether it’s employees, customers, suppliers, community an enchanting, memorable experience at a place where they can go to escape, to be whoever they want to be, to sip champagne at noon on a Wednesday, eat fancy cookies, and pretend they are in Paris

Welcome, my love, to Lady Yum

M A C A R O N S & M I S C H I E F

W W

L A D Y Y U M . C O M

I N T H E S P O T L I G H T