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Showing posts from May, 2020

Recovery This Year Is On It's Way!

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It's human nature. You want to do a certain something. You really need to do that something. But you can't. For whatever reason. Through no fault of your own. But you need and want to so badly. So, when the barriers come down that are keeping you from moving forward, it's full steam ahead.  This will be our economy soon, especially related to the real estate market.  One of the biggest questions people seem to be asking these days is, When are we going to start to see an economic recover? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recover should begin to happen in the second half of this year. Here's a look at what some of the experts have to say.  Jerome Powell, Federal Reserve Chairman "I think there's a good chance that there'll be positive growth in the third quarter. And I think it's a reasonable expectation that ther

Homeownership and Family Wealth

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In 1924, a tall and gangly 25 year old man from Indiana named Amiel McCowan wanted to marry his sweetheart Grace Long in Hoquim, WA. He knew he wanted to own his own home but didn't have much money. He made a deal to buy a lot in town and to build a new home for him and his soon-to-be new bride. Since he had some woodworking skills but very little money, he did most of the carpentry on the home himself. His job at the piano factory in town worked him 40 hours a week but he spent almost that many in each week putting sweat equity into him home.  On July 4th of 1974 Amiel and Grace were married. This was also the very same day he put the final touches on his new home. They moved in that night and began their journey of building wealth for his family the would span his next 70 years. Amiel and Grace were my mother's parents and my adored grandparents.  While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They expla