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No. 17 Vol. 4
My Life Publications • 1-800-691-7549
NEIGHBORHOOD PROPERTIES 381 Main Rd, Montville 973-334-3341
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A RE/MAX AGENT CLOSES A DEAL EVERY :30 SECONDS Why You Should Build A New House in a Strong Market
Are you thinking about entering the housing market? Low mortgage rates are driving people to enter a market with a decreasing supply of available homes. For prospective home buyers, this can be daunting. On the other hand, home builders are surging.People are turning to building the ideal home that better suits their family’s changing needs.
The National Existing Home Inventory is Shrinking
There are fewer houses for sale in the U.S. right now, which means competition is fierce. Inventory continues to dwindle as the months go on. What this means for home buyers – or people deciding between buying or building – is that they should expect to pay more for existing homes right now. Housing prices continue to rise as inventory shrinks.
Low Mortgage Rates Are Bringing More Buyers into the Market
The 30-year fixed-rate mortgage rate fell to record lows in recent months. More people are able to secure low-rate mortgage loans and enter the market. This further exacerbates the dwindling house inventory and skyrocketing home prices. If you’re on the fence about building or buying a home right now, consider what the process of buying a house in this market might be like. Not ready for the bidding wars or settling at the higher end of your budget, consider building.
Builds Are Increasing Across the U.S.
More Americans are working from home right now than ever. Some companies are transitioning their workers to the office in shifts, with people working just a few days a week in the office. If you’ve found yourself thinking about your home as a place for your family AND your business, you’re not alone. Housing production is growing. In addition to concerns about housing prices and smaller inventories, people are opting to build because they are investing in their future. If you’re looking to make the switch to a new home, take the time to figure out what your family needs. Building your house allows you to create spaces that are perfectly suited to your needs, whether it’s a floorplan made for entertaining, a walk-out basement, or a quiet home office. Whatever you need, your newly built home can provide and historically low-interest rates may help your dream of building a new home be more attainable. Article source: Hartford Homes Blog https://www.hartfordco.com/blog/whyyou-should-build-not-buy-a-new-house-in-a-strong-market
April 2021
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Riverdale Pianist Delivers Instruments and Hope to the Underprivileged
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By Steve Sears 1-year-old Dr. Patricio Molina has accomplished many things, including attending college classes for music at the age of four. However, perhaps his biggest thrill is getting instruments to individuals who want to learn to play them but can’t afford them. Molina is the co-founder and president of Notes for Growth Inc., a non-profit foundation that gives musical instruments to underprivileged children. He explains its purpose. “In 2018, one of the things I noticed is that a lot of people in this area want to get rid of their pianos, either because they want to play an electronic keyboard, which is easier to move and it’s more flexible, or because no one’s playing the piano, so they just want to get rid of it.” He also noticed that there were a lot of people that needed pianos, especially students that could not afford the instrument, so he wanted to find a way to connect both sides and has. “We’ve sent three shipments of pianos to Chile, we have given a few pianos here in this area, and we’re looking to expand with other instruments as well, which we will send to the Dominican Republic, to Puerto Rico, and hopefully will expand to the Middle East as well.” A Carnegie Hall concert is scheduled for October 15, 2021 to support the non-profit. “I was born in Chile, but my mom is from Syria, so I’m half Arabic, half Chilean,” Molina says of his background. “I learned how to write and read music before I learned how to write and read Spanish, which is my native language. So, my first language was always music, and even before I was conscious of knowing, I was already playing music.”
Molina was the first musician in his family. “There was a piano in the house - and I see this with my son, Tommy - we have all these toys laying around, but he goes to the piano. That’s what he wants, just to hear different sounds. And I’m told by my parents that’s what I did, and my dad wanted to take advantage of all the time that I was spending on the piano. I picked it up so quickly that, he began to look for teachers that would teach me music, and there were not many willing to take on a three-yearold student,” he says. However, the University of Chile was, and at age four, continued on page 4
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