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Important Tips To Help Kids Adjust To The Move

August 16, 2019 by Kay Monigold

Important Tips To Help Kids Adjust To The MoveMoving takes a certain amount of adjustment. Kids of all ages may need a little help getting used to the new environment. Help kids adjust to the move by keeping the following in mind. 

Kids Are Resilient

Don’t overly worry about how your kids will adjust to the move. Kids are resilient. They tend to acclimate to new situations fairly quickly. It may even be that your kids get used to the move before you do!

Make Friends With Other Parents

You could facilitate your kids’ making new friends by making friends with parents of kids the same age as your child. To do this, attend any school functions and meetings that come up. Make a point of seeking out other parents and perhaps inviting them and their kids over to your house for lunch.

Add Bonuses To The Move

Help get your kids excited about the move by adding some bonuses they didn’t have before. Has your daughter always wanted to take ballerina lessons? Has your son always wanted to try horseback riding? Consider paying for some local lessons in your new area. This will incentivize your child and help them see how moving is a beginning, not an end.

Cut Them Some Slack

In the beginning, your child’s grades may slip at their new school. Be patient and allow them this period of adjustment until they get used to the new routines. Your child may also undergo some mood changes after the move. Let them know that you’re ready to listen whenever they want to talk about what they’re feeling about the move.

Help Them Fit In

Fitting in is very important for most kids. At their new school, kids will likely be into different things than at your child’s previous school. Even the trendy fashion may be different. Do what you can to help your child fit in with a few new outfits or a different style of shoes. Although you know how little material things matter in life, these things can make a huge difference in how comfortable your child feels as school.

Let Them Help

One reason kids feel afraid about moving is the lack of control. When you let kids help with the move, they regain some control. Let kids help with choosing new furnishings, packing belongings or other small tasks.

It’s likely that one reason you’re moving is for better opportunities for you and your children. Once your kids adjust to the move, you’ll be able to see for yourself how they are thriving in the new environment. 

If you are in the market for a new home or interested in refinancing your current property, be sure to contact your trusted home mortgage professional.

Filed Under: Real Estate Tagged With: Family, Real Estate, Relocation

Should You Brace For A Potential Market Downturn Next Year?

August 15, 2019 by Kay Monigold

Should You Brace For A Potential Market Downturn Next YearDon’t panic, a looming recession may be good news for those wanting to sell their homes. The experts say this recession may happen in 2020, so there is still plenty of time to make plans for how to deal with a potential economic downturn.

In many parts of America, especially in popular cities, the real estate markets are super hot for sellers. Home sales are coming in at prices that are record highs. For sellers in these hot markets, it might be time to sell. For buyers, able to wait until next year, the prices may come down.

What The ‘Experts’ Say

A Pulsenomics survey of 100 real estate market experts says that the pressures on the economy, which are negative, are not coming from the housing market this time. In fact, the Federal Reserve announced it will not make any changes until 2021, so the financial market supporting home loans will be coasting along pretty much as it is now.

The damage to the U.S. economy is coming from the delayed effects of the tariffs. Whether one agrees or disagrees with the tariffs is not the issue. The tariff changes that already went into effect, will have an economic impact next year or the year after.

Economists use the analogy of observing a big, slow-moving tidal wave. Scientists can see it coming from miles away. If those potentially affected by the danger pay attention to the warnings soon enough, they may have a chance to get out of the way.

Half the experts see the tariffs having a significant impact in 2020. Most of the other half see it coming in 2021. Nobody thinks the recession will hit before the end of 2019.

Summer 2019 – Selling Time

Home sales toward the end of summer are usually the strongest when compared to other times of the year. After returning from vacation, and before school starts, it is a popular time to look for a home when the weather is still nice outside.

Next Year 2020 – Buying Time

If a recession hits in 2020, then home sales prices may go down due to lowered demand. Again, this may be helpful for buyers who wait until next year to buy a home.

Conclusion

It is interesting to see that any possible recession will not be caused by the housing market this time. Real estate experts think that the housing market will price-in the effect of the recession up to one year ahead of when it hits.

If there are plans to sell a home, such as going into retirement and wanting to downsize or buy an RV for a happy retirement traveling, now may be an opportune time to consider selling.

If there are plans to buy a home and there is no rush, just take the time to work with your real estate agent to get a good deal and wait for a possible overall economic slowdown to get a better price. And be sure to contact your trusted home mortgage professional to discuss your financing options.

Filed Under: Real Estate Tagged With: Market Outlook, Market Trends, Real Estate

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Our Team

Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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