The Power Is Now Magazine

the power is now

magazine VOL 12 | JULY 2023

Derrick Johnson CEO / President NAACP

HAVE YOU READ OUR PAST ISSUES YET? the power is now

magazine CENTRAL EDITION Vol. 09 | Issue 11

Eric Lawrence Frazier, MBA Publisher Office: (800) 401-8994 Ext. 703 Direct: (714) 361-2105 eric.frazier@thepowerisnow.com www.thepowerisnow.com EDITORIAL TEAM Sheila Gilmore Editor in Chief (800) 401-8994 ext. 711 sheila.gilmore@thepowerisnow.com Daniels George Managing Editor (800) 401-8994 ext. 712 daniels.george@thepowerisnow.com Goldy Ponce Arratia Graphic Artist and Design Manager goldy.ponce@thepowerisnow.com

CONTRIBUTORS The Power Is Now Research Team

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CONTENTS

JULY 2023 ECONOMIC NEWS The Cost Puzzle: Decoding the Influence of Interest Rates and Inflation on Real Estate pg. 10

REAL ESTATE NEWS Single-Family Building Focused around Baby Boomers: Multifamily is Millennial Focused pg. 12

COMMERCIAL NEWS Office Vacancies Are Concentrated In 30% Of The Nationwide Office Stock, JLL Says pg. 16

ENVIRONMENTAL NEWS California Lawmakers Call to Eliminate Oil and Gas Industry Subsidies, Tax Benefits as State Moves to Finalize Cuts to Climate Programs pg. 18

MORTGAGE NEWS Mortgage Assistance Programs by GSFA and CALFHA. pg. 8

LIFE STYLE AND LIVING Transform your home Curb Appeal with These 10 Easy Weekend Projects. pg. 20

FROM OUR VIP AGENTS Adriana Montes: Florida Housing Market Update for Q2, 2023 pg 26

Brandy Nelson: When is the Right Time to refinance in Palm Desert, CA pg 88

Emerick Peace: Real Estate Billion Dollar Black Out Houston pg 34

Dashunda Morris: What to expect in Chino Hills, CA Housing Market Q3, 2023 pg 98

Francine Marsolek: Downsizing Made Easy: A Guide to Streamlining Your Life in Minnesota pg 44

Dolores Golden: Unforeseen Expenses: Unveiling the Hidden Costs of Homeownership pg 108

Heith Mohler: Smooth Moves: Essential Tips for a Stress-Free Relocation pg 52

Harriet Robertson: Your guide to vacant property investment in Brooklyn, NY in 2023. Pg 116

James Clifford: Exploring the Art of Repurposing Real Estate 58 Monica Hill: Menifee, CA Real Estate Update for Q3, 2023 pg 64 Steven Rivkin: Demystifying Loan Estimates: Essential Information You Must Have pg 70 Walter Huff: When is the best time to sell a home in Colorado Denver pg 76 Yvonne McFadden: The Cost of Selling a Home in Scottsdale, Arizona: A Comprehensive Guide pg 82

Ruby Frazier: 5 Key Factors That Can Make or Break Your Loan pg 122 Success Money: Home Inspections: Cost Breakdown and Planning Tips pg 128

July 2023

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FROM THE EDITOR

ime truly flies, doesn’t it? It’s hard to believe that we have already reached the halfway mark of 2023. As we dive into the second half of the year, it’s important to reflect on the progress we’ve made and look forward to the exciting opportunities that lie ahead in the real estate market.

In this issue, we are honored to feature Derrick Johnson, the esteemed president of the NAACP, on our cover. His leadership and commitment to social justice have made a significant impact, and we are delighted to showcase his achievements.

As we embark on the month of July, it is a time of both celebration and reflection.

Independence Day is a cornerstone event, marking the birth of our nation and the values we hold dear. It serves as a reminder of the freedoms we enjoy and the progress we strive for in all aspects of our lives, including the real estate industry.

In this issue, we delve into important stories that affect the real estate market and those involved in it. One such feature highlights Mortgage Assistance Programs offered by GSFA and CALFHA. These programs aim to provide support and guidance to individuals navigating the complexities of homeownership, offering valuable resources for buyers and sellers alike. Additionally, we bring you insights from JLL, a leading real estate services firm.

Their research reveals that office vacancies are concentrated in approximately 30% of the nationwide office stock. We examine the implications of this trend, shedding light on potential opportunities and challenges for investors, businesses, and professionals in the real estate market.

To further empower our readers, we have compiled an array of tips and tricks tailored to buyers, sellers, and real estate investors. Whether you’re a first-time homebuyer, an experienced investor, or someone looking to sell their property, our expert advice aims to provide you with valuable information and strategies to navigate the real estate landscape effectively.

As always, we remain committed to delivering engaging and informative content that meets the needs of our diverse readership. We encourage you to explore the articles, features, and advice within these pages, and we hope you find inspiration and knowledge that can assist you in your real estate endeavors.

Thank you for your continued support and trust in our magazine.

We appreciate your readership and look forward to bringing you even more compelling stories and insights in the future.

Eric Lawrence Frazier Editor, Power Is Now Magazine

JULY 2023

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MORTGAGE SECTION

Mortgage Assistance Programsby GSFA and O

wning a ho me is a dream for many, but the process of obtaining a mortgage can be daunting, especially for first-time homebuyers or those facing financial constraints. Fortunately, several organizations and government agencies offer mortgage assistance programs to help individuals and families achieve their homeownership goals. In this blog post, we will explore two prominent organizations, the Golden State Finance Authority (GSFA) and the California Housing Finance Agency (CALFHA), and their respective mortgage assistance programs.

offers several programs to make homeownership more accessible and affordable. Here are a few notable ones:

1. GOLDEN STATE FINANCE AUTHORITY (GSFA):

The OpenDoors™ Program is designed to assist first-time homebuyers by providing down payment and/or closing cost assistance in the form of a second mortgage. This second mortgage has competitive terms and offers flexibility in repayment options.

The Golden State Finance Authority (GSFA) is a non-profit organization dedicated to providing financial assistance to low-to-moderate income individuals and families in California. GSFA JULY 2023

A. PLATINUM BGRANT PROGRAM:

The Platinum Grant Program provides a nonrepayable grant that can be used towards down payment and/or closing costs. Eligible homebuyers can receive up to 5% of the mortgage loan amount, allowing them to secure a mortgage with a lower upfront cost.

B. GSFA OPENDOORS™ PROGRAM:

C. GSFA MCC PROGRAM: thepowerisnowmeida

photo from freepik

CALFHA The Mortgage Credit Certificate (MCC) Program allows homebuyers to receive a federal income tax credit that can help reduce their tax liability. This credit can be used each year the homeowner occupies the home as their primary residence, potentially saving them thousands of dollars over the life of their mortgage.

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2. CALIFORNIA HOUSING FINANCE AGENCY (CALFHA): The California Housing Finance Agency (CALFHA) is an organization focused on providing affordable housing opportunities to low-tomoderate income Californians.

CALFHA offers various mortgage assistance programs to help individuals and families navigate the challenges of homeownership. Let’s explore thepowerisnowmeida

a couple of CALFHA’s notable programs: A. CALFHA LOAN PROGRAMS:

CALFHA offers a range of loan programs tailored to different needs, including first-time homebuyers, veterans, and teachers. These programs often feature low down payment requirements, competitive interest rates, and flexible credit guidelines.

B. KEEP YOUR HOME CALIFORNIA PROGRAM:

Keep Your Home California is an initiative aimed at preventing foreclosures and helping homeowners retain their homes. The program offers assistance in the form of mortgage reinstatement, principal reduction, unemployment mortgage assistance, and transition assistance.

CONCLUSION: The Golden State Finance Authority (GSFA) and the California Housing Finance Agency (CALFHA) are two organizations committed to making homeownership more accessible and affordable through their mortgage assistance programs. Whether you’re a first-time homebuyer or facing financial challenges, these programs offer various options to help you achieve your dream of owning a home.

If you’re considering purchasing a home in California, it’s worth exploring the mortgage assistance programs provided

by GSFA and CALFHA to determine if you qualify for any of their valuable resources.

Remember, with the right assistance, your path to homeownership can become smoother and more attainable.

JULY2023

PHOTO FROM 123RF

PHPTP FROM THEHILL.COM

ECONOMICS NEWS

The Cost Puzzle: Decoding the Influence of Interest Rates and Inflation on Real Estate

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eal estate is a substantial investment that can be influenced by various economic factors. Among these factors, interest rates and inflation play a significant role in shaping the cost and affordability of real estate. Understanding the complex relationship between these two factors is crucial for potential buyers, sellers, and investors in navigating the ever-changing real estate market. In this article, we will delve into the influence of interest rates and inflation on real estate, unraveling the pieces of the cost puzzle.

market, where sellers may benefit from higher selling prices due to increased demand.

INTEREST RATES AND REAL ESTATE:

INFLATION AND REAL ESTATE:

Interest rates are a key determinant of the cost of borrowing money for real estate purchases.

When interest rates are low, it becomes more affordable to obtain a mortgage and finance a property. Lower interest rates stimulate demand for real estate, as buyers can secure loans at a lower cost, thereby driving up property prices.

This phenomenon often leads to a competitive JULY 2023

Conversely, when interest rates rise, borrowing becomes more expensive. Higher interest rates increase the cost of monthly mortgage payments, reducing the purchasing power of potential buyers. As a result, higher interest rates can lead to a decrease in real estate demand, which may result in a cooling of the market and potentially lower property prices.

Inflation refers to the general increase in prices of goods and services over time. Inflation can have several impacts on the cost of real estate.

Firstly, inflation can contribute to the appreciation of property values. As the prices of goods and services rise, the cost of construction materials, labor, and land acquisition also tends to increase.

These rising costs of production can lead to thepowerisnowmeida

higher property prices, as developers and sellers adjust their prices to account for the increased expenses.

Secondly, inflation can affect the cost of borrowing. Lenders often respond to inflation by increasing interest rates to protect the purchasing power of their loans. Higher borrowing costs can make mortgages more expensive and impact the affordability of real estate for potential buyers.

Lastly, inflation can also impact rental income. As the general price level rises, landlords may increase rent to maintain their real return on investment. However, it’s worth noting that rental increases may be influenced by various other factors such as local rental market conditions and tenant demand.

THE INTERPLAY BETWEEN INTEREST RATES AND INFLATION

borrowing costs are lower, and the purchasing power of potential buyers is higher. This can result in increased demand and potentially drive up property prices.

Interest rates and inflation are interconnected and can influence each other in a cyclical manner.

Conversely, during periods of high inflation and When inflation rises, central banks often respond rising interest rates, real estate affordability may by raising interest rates to curb excessive decline. Higher borrowing costs and increased spending and stabilize the economy. On the other inflationary pressures can dampen demand, hand, when inflation is low, central banks may leading to a cooling of the market and potentially lower interest rates to stimulate economic activity. lower property prices.

This dynamic relationship can have significant implications for the real estate market.

CONCLUSION

During periods of low inflation and low-interest rates, real estate tends to be more affordable, as Interest rates and inflation are powerful forces that influence the cost of real estate. Low-interest rates can make borrowing more affordable and stimulate demand while rising interest rates can have the opposite effect. Inflation can contribute to the appreciation of property values but also impact borrowing costs and rental income.

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Understanding the interplay between interest rates, inflation, and real estate costs is essential for buyers, sellers, and investors to make informed decisions in the market. Monitoring economic indicators and staying abreast of changes in interest rates and inflation can provide valuable insights into the potential direction of the real estate market. By decoding the influence of interest rates and inflation on real estate, individuals can navigate the cost puzzle and make sound investment choices in this dynamic industry. thepowerisnowmeida

JULY2023

REAL ESTATE NEWS

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s the real estate landscape continues to evolve, developers and builders are becoming increasingly aware of the unique needs and preferences of different demographic groups.

One such distinction that has gained attention in recent years is the divide between baby boomers and millennials when it comes to housing preferences. While millennials have

shown a propensity for multifamily living in urban areas, baby boomers tend to lean towards singlefamily homes in more suburban or rural settings. In this blog post, we will explore the reasons behind this trend and the implications it has for the construction industry.

JULY 2023

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PHOTOS FROM 123RF

Single-Family Building Focused around Baby Boomers: Multifamily is Millennial Focused

THE MILLENNIAL FOCUS ON MULTIFAMILY LIVING Millennials, born between 1981 and 1996, have been a driving force in the real estate market. Many of them entered the job market during or shortly after the Great Recession, facing significant financial challenges such as student loan debt and a competitive job market.

These factors, combined with a desire for urban amenities, convenience, and social connections, have led millennials to gravitate toward multifamily housing options such as apartments and condos.

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The appeal of multifamily living for millennials is multifaceted. First and foremost, the convenience and low maintenance associated with renting an apartment or owning a condo are major attractions. Many young professionals prefer the freedom of not having to worry about yard work or home repairs, allowing them to focus on their careers and social lives. Additionally, living in close proximity to amenities such as restaurants, shops, and entertainment venues appeals to the millennial desire for an active and vibrant lifestyle.

Another factor driving millennial demand for multifamily housing is the social aspect. With many young adults delaying marriage and starting families, living in close quarters with peers provides a sense of community and companionship. Shared amenities such as common areas, fitness centers, and co-working spaces foster opportunities for social interaction, further enhancing the appeal of multifamily living for this generation.

FOR SINGLE-FAMILY HOMES Baby boomers, born between 1946 and 1964, represent a significant portion of the population and have different housing needs and priorities compared to millennials. As they approach retirement or enter their golden years, many baby boomers seek stability, privacy, and space. Single-family homes offer these features, making them the preferred choice for this demographic.

For baby boomers, homeownership often represents a sense of accomplishment and a symbol of personal success. Having a yard, garden, or outdoor space allows them to engage in hobbies and activities they enjoy, such as gardening or entertaining friends and family. Moreover, single-family homes often provide more space for accommodating visiting children, grandchildren, or even aging parents.

Furthermore, baby boomers value their independence and autonomy. Owning a home means they have control over their living environment, including design choices, modifications, and the ability to age in place.

As this generation approaches retirement, they may consider the possibility of downsizing or moving to communities designed specifically for seniors. Single-family homes in suburban or rural settings often provide the desired lifestyle and peacefulness that many baby boomers seek.

IMPLICATIONS FOR THE CONSTRUCTION INDUSTRY

THE BABY BOOMER PREFERENCE

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Understanding the diverging housing preferences of baby boomers and millennials is essential for developers and builders. Recognizing that multifamily housing is primarily appealing to millennials, builders can tailor their projects to cater to this demographic by incorporating amenities that align with their needs and desires.

Features such as modern designs, technological integration, energy efficiency, and community spaces can enhance the attractiveness of multifamily developments to millennials.

On the other hand, the demand for single-family homes from baby boomers suggests that builders should continue to focus on constructing well-designed, age-friendly communities in suburban and rural areas. Incorporating universal design principles, such as wider doorways and accessible bathrooms, can ensure that these homes remain suitable for aging residents. Additionally, providing proximity to healthcare facilities, recreational amenities, and social spaces within these communities can further appeal to baby boomers.

CONCLUSION The housing preferences of baby boomers and millennials reflect the distinct stages of life and differing priorities of these demographic groups. While millennials tend to favor the convenience and social aspects of multifamily living in urban areas, baby boomers lean towards the stability and privacy of single-family homes in suburban or rural settings. Recognizing these preferences and adapting housing options accordingly is crucial for builders and developers to meet the evolving needs of these two significant market segments. By understanding these trends, the construction industry can continue to thrive by delivering housing solutions that cater to the specific desires of each generation.

JULY 2023

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JULY2023

COMERCIAL NEWS

Office Vacancies Are Concentrated in 30% of the Nationwide Office Stock, JLL Says

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n today’s dynamic business landscape, office vacancies have become a key indicator of economic trends and market conditions. According to a recent report by JLL, a leading real estate services firm, office vacancies are not evenly distributed across the country. Instead, they are concentrated in approximately 30% of the nationwide office stock. This finding highlights the importance of understanding regional variations and local market dynamics when analyzing office vacancy rates. In this blog post, we will delve into JLL’s report and explore the implications of this concentration of office vacancies.

PHOTOS FROM 123RF

UNDERSTANDING THE CONCENTRATION JLL’s study reveals that office vacancies are not uniformly spread throughout the nation.

Instead, they tend to cluster in specific regions or cities.

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The concentration of office vacancies in around 30% of the nationwide office stock raises important questions about the underlying factors contributing to this pattern. While each region may have its unique dynamics, several common reasons can help explain this phenomenon.

1. ECONOMIC SHIFTS: Economic shifts, such as changes in industries and employment patterns, play a significant role in office vacancies. Certain areas may experience an economic decline due to the decline of traditional industries or the relocation of businesses. This can result in a surplus of office space and higher vacancy rates.

2. SUPPLY AND DEMAND DYNAMICS: The concentration of office vacancies can also be

attributed to supply and demand dynamics. Some regions may have experienced an oversupply of office space, surpassing the demand for it.

This oversupply can be driven by ambitious development projects or a mismatch between the type of office space available and the preferences of businesses.

3. MIGRATION AND URBANIZATION: Population migration and urbanization patterns can impact office vacancies.

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valuable insights into market conditions and investment opportunities. Regions with higher vacancy rates may offer the potential for acquiring properties at favorable prices, with the expectation of future market recovery. However, thorough due diligence is essential to assess the long-term viability and potential demand for office space in these areas.

z 2. Businesses Seeking Office Space: For businesses seeking office space, the concentration of vacancies offers opportunities to secure attractive lease terms and negotiate favorable rental agreements. Regions with higher vacancies may be more open to offering incentives or flexible lease terms to attract tenants. However, businesses should carefully evaluate the market dynamics and consider factors such as access to talent, infrastructure, and proximity to target markets before finalizing their decisions.

CONCLUSION: Growing cities or regions often attract businesses, resulting in increased demand for office space. Conversely, areas experiencing population decline may face higher vacancy rates as businesses struggle to find tenants.

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IMPLICATIONS FOR INVESTORS AND BUSINESSES: Understanding the concentration of office vacancies has important implications for both real estate investors and businesses seeking office space. Here’s a closer look at what it means for each:

z 1. Real Estate Investors:

JLL’s report sheds light on the concentration of office vacancies in approximately 30% of the nationwide office stock, emphasizing the importance of analyzing regional variations and local market dynamics. Economic shifts, supply and demand dynamics, and population migration are key factors contributing to this phenomenon. Real estate investors can identify potential investment opportunities, while businesses can leverage favorable market conditions to secure office space.

Understanding the concentration of office vacancies allows stakeholders to make informed decisions and navigate the everevolving commercial real estate landscape successfully.

For real estate investors, knowledge of the concentration of office vacancies provides thepowerisnowmeida

JULY2023

ENVIRONMENTAL NEWS

California Lawmakers Call to Eliminate Oil and Gas Industry Subsidies, Tax Benefits as State Moves to Finalize Cuts to Climate Programs

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n a groundbreaking move to combat climate change and accelerate the transition to renewable energy sources, California lawmakers are calling for the elimination of

subsidies and tax benefits for the oil and gas industry. This bold initiative comes as the state takes further steps to finalize cuts to climate programs and demonstrate its commitment to a clean and sustainable future.

JULY 2023

California, often at the forefront of environmental policies, has been a leader in combating climate change and reducing greenhouse gas emissions. However, to meet its ambitious climate targets, the state recognizes the need to take even bolder actions. As part of this effort, lawmakers are turning their attention to the oil and gas industry, a major contributor to carbon thepowerisnowmeida

emissions and a symbol of the fossil fuel era.

The proposed plan seeks to remove the subsidies and tax benefits that have long supported the oil and gas industry in California.

These incentives, which have provided financial assistance to fossil fuel companies, have been the subject of criticism from environmental activists who argue that they impede progress toward a sustainable energy system. By eliminating these incentives, lawmakers aim to level the playing field and redirect resources toward cleaner, renewable alternatives.

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Supporters of the move argue that the oil and gas industry has enjoyed enough government assistance over the years and that it is time to shift priorities to renewable energy sources. They contend that subsidizing fossil fuels undermines efforts to address climate change and hinders the development of cleaner technologies. By removing these subsidies, the hope is that the market forces will incentivize the adoption of renewable energy and foster innovation in the clean energy sector.

The call to eliminate oil and gas subsidies aligns with California’s broader efforts to address climate change. The state has been a pioneer in implementing comprehensive climate policies, such as the cap-and-trade program and renewable portfolio standards, which have significantly reduced emissions and increased the share of renewable energy in the state’s power mix. However, recent budget constraints and the urgency to tackle the climate crisis have prompted lawmakers to reevaluate existing programs and redirect resources to areas that offer the most effective solutions.

from environmental organizations and climate activists, it is expected to face opposition from the oil and gas industry and its allies. Critics argue that eliminating subsidies and tax benefits could have unintended consequences, such as job losses and increased energy costs for consumers. They contend that the oil and gas industry plays a crucial role in the state’s economy and that abrupt changes could have detrimental effects.

To address these concerns, proponents of the plan emphasize the need for a just transition, ensuring that affected workers and communities are supported throughout the shift to a cleaner energy economy. They propose investing in retraining programs and creating new job opportunities in renewable energy sectors, ultimately fostering a more resilient and inclusive economy.

As California moves forward with its efforts to finalize cuts to climate programs and reshape its energy landscape, the elimination of subsidies and tax benefits for the oil and gas industry represents a pivotal step towards a sustainable future. By redirecting resources towards renewable energy and dismantling incentives that perpetuate fossil fuel dependency, lawmakers are taking a bold stance in the fight against climate change. As the state leads the charge in decarbonizing its economy, the world watches closely, eager to learn from its successes and inspire similar actions globally.

While the proposed plan has garnered support

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JULY2023

LIFESTYLE AND LIVING

Transform Your Home’s Curb Appeal with These 10 Easy Weekend Projects

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irst impressions matter, and when it comes to your home, the exterior is the first thing that catches the eye of visitors and potential buyers. Enhancing your home’s curb appeal doesn’t have to be a daunting task that requires weeks of work. With these 10 easy weekend projects, you can quickly transform the look of your home and make a lasting impression. Get ready to roll up your sleeves and create a welcoming and attractive exterior that will make your home the envy of the neighborhood.

PHOTOS FROM 123RF

1. REFRESH YOUR FRONT DOOR: Your front door is the focal point of your home’s exterior. Give it a fresh and inviting look by applying a new coat of paint in a bold, eyecatching color. Consider colors like red, blue, or yellow to make a striking statement. Don’t forget to update the hardware, such as doorknobs and hinges, for a complete transformation.

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2. UPGRADE YOUR HOUSE NUMBERS: Upgrade your house numbers to a sleek, modern style that complements the overall design of your home. Choose large, easy-to-read numbers in a material that matches your home’s aesthetic, whether it’s metal, wood, or acrylic.

3. REVAMP THE MAILBOX: Replace your old, worn-out mailbox with a new one that adds a touch of personality. Opt for a mailbox that complements your home’s architectural style and color scheme. Consider adding some greenery around the base for an extra touch of charm.

4. ILLUMINATE THE PATHWAY: Enhance safety and add visual appeal by installing pathway lighting. Solar-powered lights thepowerisnowmeida

are a cost-effective and eco-friendly option. Line your pathway with these lights, guiding visitors to your front door in an inviting and enhancing way .

5. CREATE A WELCOMING PORCH: A well-designed porch instantly makes your home feel warm and inviting. Add comfortable seating, colorful cushions, and potted plants to create a cozy and inviting outdoor space. Place a welcome mat and hang a wreath on the front door to complete the welcoming vibe.

architectural style.

8. POWER WASH YOUR EXTERIOR: Over time, dirt and grime can accumulate on the exterior of your home, making it look dull and uninviting. Rent or borrow a power washer to clean the exterior surfaces, including the walls, driveway, and walkways. This simple step can make a significant difference in restoring the original beauty of your home.

9. INSTALL OUTDOOR ART OR 6. SPRUCE UP YOUR LANDSCAPING: DECORATIONS: Invest some time in tidying up your landscaping.

Trim overgrown bushes, mow the lawn, and pull out any weeds. Add pops of color with seasonal flowers and plants. Consider incorporating mulch or decorative stones to define flower beds and add visual appeal.

Add a unique touch to your home’s exterior by installing outdoor art or decorations. Consider hanging a decorative mirror, a colorful wind chime, or an attractive piece of sculpture. Be creative and choose something that reflects your personal style.

7. ADD WINDOW BOXES:

10. CREATE A FOCAL POINT:

Window boxes are an easy way to add charm and character to your home’s exterior. Plant colorful flowers or cascading vines in the boxes to create a beautiful and vibrant display. Choose window boxes that complement your home’s

Lastly, create a focal point that draws attention and adds personality to your home. It could be a beautiful potted plant arrangement, a water feature, or a stunning piece of outdoor furniture.

Make sure it complements your home’s overall style and serves as a captivating centerpiece.

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Enhancing your home’s curb appeal doesn’t have to be a time-consuming and costly endeavor.

With these 10 easy weekend projects, you can transform the look of your home’s exterior and create a welcoming and attractive space. From refreshing your front door to adding outdoor decorations, each project is designed to make a lasting impression. Get ready to impress your neighbors, visitors, and potential buyers with a stunning and inviting curb appeal that reflects your unique style and personality. thepowerisnowmeida

JULY2023

THE FLOOD TURNED OUR LIVES UPSIDE DOWN. WHEN WE TRIED TO RENT A NEW PLACE TO LIVE, WE KEPT GETTING TURNED DOWN. When the flood came, we had to run from our home. Fortunately, we found temporary shelter. But as we started looking for a place to live, we ran into housing discrimination, which isn’t just unfair – it’s illegal. If you feel that a landlord or broker has denied you the sale, rental or financing of a home based on your race, color, religion, sex, national origin, disability or because you have children, report it to HUD or your local fair housing center.

Go to hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339 FAIR HOUSING: THE LAW IS ON YOUR SIDE. JULY 2023

A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance.

The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. thepowerisnowmeida

HOUSING DISCRIMINATION BACK TO CONTENTS

UNMASKED.

Don’t let housing discrimination get covered up. “ When I went looking for an apartment, I wore a mask. But they could still see I’m Black. I was told that they wouldn’t rent to me because they heard Black people were disproportionately getting COVID-19.”

COVID-19 inequity is real, and it shouldn’t be made worse because of housing discrimination. If you suspect housing discrimination because of your race, color or national origin, file a complaint with HUD or your local fair housing center so we can investigate it.

For more information, go to: hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339 FAIR HOUSING: THE LAW IS ON YOUR SIDE.

thepowerisnowmeida A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair HousingJULY2023 Alliance.

The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability.

GSFA Celebrates 30 Years Paving a Path to Homeownership in California

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olden State Finance Authority (GSFA) celebrates 30 years paving a path to homeownership for lowand-moderate income California households, having helped over 85,000 individuals and families to purchase a home and provided more than $660 million in down payment and closing cost assistance. Join us as we showcase our beginning, our mission, and the many achievements of the past three decades.

GOLDEN STATE FINANCE AUTHORITY’S BEGINNING GSFA was organized as a Joint Powers Authority (JPA) in 1993 by the Rural County Representatives of California, under the original name California Rural Home Mortgage Finance JULY 2023

Authority and represented 18 counties in California. As the JPA expanded its membership across the state, the name was changed to Golden State Finance Authority in February 2015.

Today membership includes 56 counties and hundreds of cities across California with financial assistance programs throughout the state.

Our vision to address housing affordability and the commitment of an innovative and missiondriven team over the span of three decades, hails a proven champion for affordable and responsible homeownership and economic development in California.

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PRIMARY MISSION: EXPANDING HOMEOWNERSHIP OPPORTUNITIES The primary mission of GSFA was, and still is, to expand homeownership opportunities to Californians. To meet that mission, GSFA develops and administers programs to provide a source of financing for individuals and families to purchase a home or make energy efficiency improvements to their existing homes.

GSFA has advanced homeownership opportunities to more than 85,000 individuals and families in California by delivering financial assistance to those needing funds for the initial cash investment necessary in homebuying.

Over the past 30 years, GSFA has provided over $660 million in down payment and closing cost assistance to California homebuyers and participated in over $15.6 billion in loan financing of first and second mortgages.

85,000 Individuals and Families Helped $660 Million in Down Payment and Closing Cost Assistance Provided

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WHY HOMEOWNERSHIP MATTERS Research compellingly supports that homeownership leads to positive social and economic outcomes for families, communities, and the country. The National Association of REALTORS® Research Division reviewed various studies on homeownership and concluded in their December 2016 paper “Social Benefits of Homeownership and Stable Housing,” that “Homeownership boosts the educational performance of children, induces higher participation in civic and volunteering activity, improves health care outcomes, lowers crime rates and lessens welfare dependency.”

Homeownership Benefits:

z Brings Stability to Neighborhoods z Has a Positive Impact on Educational Achievement thepowerisnowmeida

z Promotes Civic Engagement z Yields Better Physical and Psychological Health z Reduces Crime

MAKING AN IMPACT – CHANGING LIVES “One of my favorite roles is when I receive letters or get to interview new homeowners who want to share their appreciation for the down payment assistance from GSFA,” said Carolyn Sunseri, GSFA Director of Marketing and Stakeholder Relations. “For many people, they don’t believe that down payment assistance is a reality. Or they think that because of some challenge they have faced in their life or their finances, they don’t think homeownership is a possibility. It brings me such joy to hear how proud they are to now own their own home.”

1. A COUPLE RETURNING TO THE HOUSING MARKET AFTER FINANCIAL HARDSHIP

Greg and Christine Jefferson faced financial hardship during the great recession in 2009, ultimately losing their first home and filing for bankruptcy. A few years later, they were ready and wanting to own a home again, but with a fixed income as retirees, the prospect of saving up for the down payment seemed daunting.

“It was horrible”,” said Christine. “We never even thought, we just figured we’re older now, we will just rent, we gotta live somewhere we will just rent a house. We had just resigned that homeownership was just out of our reach.”

After seven years of renting, they learned that it only takes three years after a bankruptcy for someone to be able to apply for a mortgage again. Excited, they contacted a lender to get started, but ran into a problem coming up with the money for a down payment.

“At the time we had a “pre’ approved” loan from our lender. We had looked at several homes and finally settled on and submitted JULY2023

offers on them. It was at that point that although we had a “Pre Approval” amount from the lender it did not include the “Down Payment’ which turned out to be substantial as both of us are retired and living on a fixed income,” said Greg Jefferson. “Next entered our “Angels” in the form of The “Golden State Finance Authority”, said Greg.

In 2017, GSFA furnished the Jefferson’s with a gift of 3.5% of their loan amount to cover the required down payment on their new home purchase, making homeownership possible again.

“There is a story in the Bible where Jesus healed 10 sick people. Only one came back to say thanks. I know that GSFA is not Jesus but you were Jesus to us on that day!!” said Greg.

2. A MOTHER DETERMINED TO SEE HER SPECIAL NEEDS SON THRIVE AT HOME

As a single mom, Melanie Christian watched her severely disabled son become more and more depressed, afraid and hopeless living in a group home environment. She began to pray for a solution that would allow her to care for him at home, manage his medical issues, schooling and behavior.

“I was living in a room with roommates after placing my son with disabilities into a group home. It was the hardest thing I have ever done. I was grieved and sad and overwhelmed by the separation, but I was also dealing with so much stress that I couldn’t take care of him alone anymore,” said Melanie. “I had a great job as an interpreter for the deaf. However, living in the bay area was difficult to afford even with a good salary. I needed to be in a place that I could afford and that would allow me to feel financial relief on a minimal income so that I could stay home more and take care of my son. I had been looking in several areas as I worked on my credit and took care of my finances.”

She heard about down payment assistance from GSFA from her loan officer, who was familiar with her situation and “her heart,” she said. In 2017, she bought a home for her family.

“She had so much compassion for my story and for Lukas. She worked so hard to help us in every possible way to get the loan and all the help available. She assured me I would be able to handle the closing costs with the help of your assistance,” said Melanie. “I am more than grateful. I prayed specifically for this. I did not want to seek help from my family in obtaining this loan for my new home. I knew God would provide. He did that through this assistance. Thank you!”

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“I would have never believed that I could ever buy a condo. I love having this 3-bedroom, 3 bath home with 1,821 sq ft on a 2,911 sq ft lot. I thank Golden State Finance Authority Platinum Down Payment Assistance Program for their help to offset my down payment. I felt that I had attained the American Dream, which I had heard about, but never believe that I could accomplish, being a black man born and raised in the projects in Detroit,” said Marvin Randolph.

3. A DREAM COME TRUE FOR AN AFRICAN AMERICAN MAN FROM THE DETROIT PROJECTS

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Real estate is a larger factor in net worth.

According to the Federal Reserve 2019 Survey of Consumer Finances, someone who owns a home has a median net worth of $255,000 versus a median net worth of $6,300 for someone who does not. But the U.S. Census Bureau also reported that the homeownership rates for Black, Hispanic and other non-white ethnicities falls far below those of white households.

For the past three years, GSFA has engaged in a concentrated marketing and outreach campaign to bring education to underserved communities about down payment resources for homebuyers, with the goal to improve the homeownership rates of non-white households and help them build financial security through homeownership.

The impact on individuals and families who once thought homeownership was out of reach is palpable, as noted by Marvin Randolph who purchased a home in 2021 with financial assistance from GSFA. thepowerisnowmeida

FINANCING FOR ENERGY EFFICIENCY AND ENERGY STORAGE In 2010, GSFA expanded its operations into the provision of energy efficiency financing programs for residential and commercial properties. These programs were designed to help property owners improve energy costs, reduce the environmental impact of energy use and demand, and boost California’s economy through job creation.

GSFA has participated in financing over JULY2023

36,000 residential and commercial energy efficiency projects, totaling over $1 billion.

Ten years later, GSFA expanded its services even further, becoming a conduit for developers and contractors to access rebates for the installation of energy storage technology at both residential and commercial facilities. By providing bridge financing between grant approval and reimbursement, the financial hurdles for qualifying residents would be lightened, resulting in getting services to those who need it the most as efficiently as possible.

“Providing the best products and services possible while developing strong relationships with business partners that make our endeavors viable is the heart of our organization. At times this means juggling challenging financial markets and shifting priorities as the real estate market fluctuates.

I am proud to be a part of an organization that continues to innovate and evolve to improve the lives of so many.”

- Craig Ferguson, GSFA Deputy Director

ECONOMIC DEVELOPMENT PROJECTS WITH A FOCUS ON RURAL CALIFORNIA The agency’s impact on California’s economy over the past 30 years, and especially that of rural California, extends well beyond establishing affordable homeownership solutions. GSFA is now involved in a variety of economic development projects indirectly related to housing that provide transformative services to local communities and meet the needs of California’s growing population.

z Broadband Grant Funding for Rural California Counties z Volunteer Efforts with Charitable Organization z Emergency Disaster Assistance to Forest Fire Impacted Communitie z Loan Fund for County Infrastructure Projects In the last few years, GSFA provided over $3.5 million in emergency disaster assistance to address the impact of forest fires on California residents. These funds were provided to assist residents with temporary housing as well as rebuilding or obtaining future long-term residences. The agency has also invested millions in broadband deployment, provided millions to advance wildfire resilience efforts, and established a one-of-a-kind revolving loan fund to assist counties with implementing infrastructure projects.

“All of these investments are designed to help rural California thrive. These milestone achievements would not be possible without the direction of our Board and the dedication of our amazing staff. I congratulate them all for their expertise and long-term commitment that has been integral to GSFA’s success.”

- Patrick Blacklock, GSFA Executive Director FOR MORE INFORMATION ABOUT GSFA

call toll-free (855) 740-8422 or visit www.gsfahome.org.

z Partnership with USDA to Provide Down Payment Assistance Gifts JULY 2023

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Join Our Mission BACK TO CONTENTS

GSFA Celebrates 30 Years Paving a Path to Homeownership 85,000

Individuals and Families Helped to Purchase a Home

$660 Million

In Down Payment and Closing Cost Assistance Provided

Be Your Client's Link to Down Payment Assistance and Close More Sales

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• Learn more about GSFA Programs • Download marketing materials • Link up with GSFA Participating Lenders

Golden State Finance Authority (GSFA) is a duly constituted public entity and agency. Copyright © 2023

$3.5 Million

In Emergency Disaster Assistance Given Back to California Residents

gsfahome.org (855) 740-8422

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ADRIANA MONTES JD MBA

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By Andriana Montes

W

elcome to the Florida Housing Market Update for Q2, 2023! As we dive into the second quarter of this year, it’s crucial to understand the latest trends and developments in the real estate market across the Sunshine State. Florida has long been a sought-after destination for home buyers and investors, known for its beautiful beaches, warm climate, and thriving economy.

In this article, we will explore the key highlights, market conditions, and emerging opportunities that have shaped the Florida housing market during the second quarter of 2023.

1. OVERVIEW OF FLORIDA’S ECONOMY AND ITS IMPACT ON HOUSING

Florida’s robust economy continWues to play a significant role in shaping the housing market.

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With a diverse range of industries, including tourism, aerospace, agriculture, and technology, the state has attracted a steady influx of new residents and businesses. The strong economic growth has created job opportunities, driving population growth and housing demand across various regions in Florida.

2. UNEMPLOYMENT RATES AND JOB GROWTH

During the second quarter of 2023, Florida experienced a decline in unemployment rates as the state’s economy rebounded from the challenges of the previous year. Job growth has been particularly notable in sectors such as healthcare, technology, and construction. The decrease in unemployment rates has contributed to increased consumer confidence and greater participation in the housing market. thepowerisnowmeida

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Florida Housing Market Update for Q2, 2023

3. INFLATION AND ITS EFFECT ON HOME PRICES

Inflation has been a significant factor affecting the Florida housing market in Q2, 2023. The rise in consumer prices, driven by increased demand and supply chain disruptions, has impacted construction costs and material prices.

As a result, home builders and sellers have had to adjust their pricing strategies, which has influenced home prices in various segments of the market.

4. Interest rates and mortgage market conditions Mortgage rates have experienced some fluctuations during the second quarter of 2023.

The Federal Reserve’s monetary policy decisions and overall economic conditions have influenced the cost of borrowing. Potential homebuyers and investors have been closely monitoring interest rate movements to determine the optimal timing for their real estate transactions. Favorable mortgage market conditions have continued to support housing demand.

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SALES VOLUME AND TRANSACTION ACTIVITY IN Q2, 2023

The Florida housing market witnessed robust sales volume and transaction activity in the second quarter of 2023. Many buyers who had delayed their purchasing decisions due to the uncertainties of the pandemic were now actively entering the market. Increased buyer demand, coupled with favorable financing options, contributed to a surge in closed sales across various price points and property types.

MEDIAN HOME PRICES AND PRICE APPRECIATION

Median home prices in Florida experienced steady growth during Q2, 2023. However, the pace of price appreciation varied across different regions within the state. Urban areas and popular coastal communities continued to thepowerisnowmeida

see strong price growth, fueled by high demand and limited inventory. Suburban and emerging markets also observed notable price increases as buyers sought more affordable alternatives.

COMPARISON WITH PREVIOUS QUARTERS AND YEAR-OVER-YEAR ANALYSI

When comparing Q2, 2023, to previous quarters, the Florida housing market demonstrated positive growth and resilience. Year-over-year analysis revealed significant price appreciation and increased sales activity, indicating a strong recovery from the challenges faced in recent years. The Q2, 2023 figures provided a positive outlook for the future of Florida’s real estate market.

REGIONAL VARIATIONS AND HOT MARKETS WITHIN FLORIDA

Florida’s housing market exhibits regional variations, with certain areas experiencing higher demand and price growth than others. Cities like Miami, Orlando, Tampa, and Jacksonville continued to be hot markets, attracting both domestic and international buyers. Coastal communities and vacation destinations also garnered attention, as buyers sought second homes and investment properties in these desirable locations.

INVENTORY AND SUPPLY-DEMAND DYNAMICS INVENTORY LEVELS AND THE NUMBER OF ACTIVE LISTINGS

The availability of housing inventory in Florida remained a significant factor influencing the market during Q2, 2023. While inventory levels improved compared to the previous year, there continued to be a shortage of homes for sale in certain price ranges and desirable neighborhoods. Low inventory levels created a competitive environment for buyers, often leading to multiple offer situations and faster JULY2023

sales.

NEW CONSTRUCTION TRENDS AND HOUSING SUPPLY

To meet the growing demand for housing, new construction projects were underway across various regions of Florida. Builders focused on developing single-family homes, townhouses, and condominiums to cater to the needs of different buyer segments. New construction played a crucial role in increasing the housing supply, although challenges such as rising material costs and labor shortages influenced project timelines and pricing.

BUYER DEMAND AND ABSORPTION RATE

Buyer demand remained strong in Florida during Q2, 2023. The combination of favorable market conditions, low-interest rates, and an attractive lifestyle drew buyers from both within and outside the state. The absorption rate, which measures how quickly available homes are sold, remained relatively high in many markets, indicating a healthy level of demand IMPACT OF SUPPLY-DEMAND DYNAMICS ON PRICES AND COMPETITION

The ongoing supply-demand dynamics continued to impact home prices and create competition among buyers. Limited inventory and high demand exerted upward pressure on prices, leading to bidding wars and increased selling prices. Buyers often faced the challenge of making competitive offers and acting swiftly in a market with tight supply, emphasizing the importance of strategic planning and working closely with experienced real estate professionals.

MARKET CHALLENGES AND OPPORTUNITIES 1. HOUSING AFFORDABILITY ISSUES AND AFFORDABILITY INDE JULY 2023

Housing affordability remained a concern for many prospective buyers in Florida during Q2, 2023. The increase in home prices, combined with rising interest rates and construction costs, posed challenges for individuals and families seeking affordable homeownership. The affordability index, which measures the ability of the average income earner to afford a medianpriced home, highlighted the need for innovative solutions and initiatives to address this issue.

2. IMPACT OF RISING CONSTRUCTION COSTS ON HOME PRICES

Rising construction costs, including labor, materials, and regulatory fees, had a direct impact on home prices in Florida. Builders and developers faced the challenge of balancing rising expenses while meeting the demand for more affordable housing options. These cost pressures contributed to the overall price appreciation observed in the market and posed a challenge for buyers looking for affordable homes.

3. RENTAL MARKET TRENDS AND OPPORTUNITIES FOR INVESTORS

The rental market in Florida experienced notable growth and presented opportunities for real estate investors. With the increasing population and demand for housing, rental properties remained in high demand, offering attractive investment potential. Investors explored options such as traditional long-term rentals, vacation rentals, and short-term rentals to capitalize on the demand from both residents and tourists.

4.EMERGING MARKETS AND AREAS WITH GROWTH POTENTIAL

Florida’s housing market also witnessed the emergence of new markets and areas with significant growth potential during Q2, 2023. As certain urban centers became more competitive and expensive, buyers and investors started thepowerisnowmeida

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exploring suburbs and emerging neighborhoods.

These areas offered more affordable options and the potential for long-term value appreciation, attracting those seeking investment opportunities and a high quality of life.

CONCLUSION In summary, Q2, 2023 proved to be a dynamic period for the Florida housing market. Economic factors, including job growth, inflation, and interest rates, influenced market conditions. Sales volume and median home prices experienced upward momentum, although regional variations were observed. Supply-demand dynamics, affordability challenges, and emerging markets presented both opportunities and obstacles for buyers and investors.

Homebuyers, sellers, and investors in Florida should consider the prevailing market conditions, including inventory levels, pricing trends, and affordability factors. Working closely with real estate professionals and staying informed about local regulations and programs can enhance decision-making processes. Opportunities exist in emerging markets and the rental sector, while understanding the challenges of affordability and rising construction costs is essential for successful transactions.

Looking ahead, it is important to monitor the economic landscape, regulatory changes, and market trends to gauge the direction of the Florida housing market in the next quarter.

Factors such as interest rates, employment growth, and supply-demand balance will continue to shape market dynamics. Awareness of these trends will enable stakeholders to adapt their strategies and seize opportunities as Florida’s real estate market evolves.

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ADRIANA MONTES

FLORIDA WITH

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EmERICK A. PEACE

OPERATING PATNER REALTOR # 320004 PHONE: (240) 882-0198

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THE REAL ESTATE

Billion Dollar BLACKOUT Houston TX

By EmERICK A. PEACE

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am spearheading this event in Houston, because it is time for Black real estate professionals from all brokerage/companies to come together and unite. This is a brand agnostic event. This is equivalent to a Black Family Reunion for us and about us The Real Estate Billion Dollar BLACKOUT (BLACKOUT) in Houston Tx, August 3-5, 2023. The Billion Dollar BLACKOUT facebook page and website are live. Please join the facebook group and visit the website.

Additionally, invite your relationship partners to join us in Houston and join the facebook group. website: www.billiondollarblackout.com We are bringing the first conversation of Black people and billions of dollars of business to the real estate community. Our twenty-five

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BLACKOUT panelists have a cumulative total of more than 25 billion dollars of business and are from different brands and companies.

BLACKOUT is meant to uplift, inspire and build a referral database.

This event will be held in conjunction with Power Networking Conference (PNC 2023) with Dr. George Fraser. The BLACKOUT sessions will be private to our group, however our group will have access to PNC 2023 events and activities. Use Click link to register: https:// powernetworkingconference.com/register/ Select option $999 then use Promo code BLACKOUT for $499 registration. There is a special room rate for us.

Link: https://powernetworkingconference.com/ book-hotel/ to reserve your room.

PNC 2023 and BLACKOUT are going to be PHENOMENAL events. Please click the link below to get a better understanding of what PNC 2023 is about. (https://powernetworkingconference.com/ thepowerisnowmeida

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Where Starting Over happens every day!

We’re Starting Over, Inc. - a 501(c)(3) organization dedicated to supporting and uplifting people experiencing the effects of mass incarceration, systemic racism, housing insecurity, substance addiction, and mental health issues. We believe that people impacted by these issues are the ones closest to the solutions, which is why we are a Black-led and criminal justice-impacted organization engaged in this work. From experience, we’ve learned that housing is critical, but alone, it is not enough to support those exiting prisons or the streets. We not only provide transitional housing, but also include holistic services such as peer support, case management, employment, wellness, and reentry services. We also work to address the root causes of our houseguests’ difficult situations, leading grassroots organizing and policy initiatives in the Inland Empire region and statewide. Established in 2009, we’ve served over 1,400 men, women, and families in Riverside and Los Angeles Counties through the reentry and transition process.

We believe that the past does not define our future. We’re invested in creating safe and equitable opportunities for all members of our community, and especially those with past convictions. Housing opportunities are crucial for our community members and directly affect their ability to thrive.

Starting Over, Inc. is committed to reducing and eliminating the many barriers to life after incarceration.

We have a deep commitment to identifying and implementing evidence-based approaches to strong communities and families. We seek to creating program/project solutions where the need exists in our community. We do lots of things at Starting Over, Inc. - but our primary goal is to address the immediate effects and root causes of incarceration, be it through housing, employment, legislation, or community organizing.

To get involved with our initiatives, access our services, or support our work through donations, you can reach us at (951) 898-0862 or office@startingoverinc.org.

www.startingoverinc.org

6355 Riverside Ave Suite 100, Riverside, CA 92506 JULY 2023

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Our programming and projects include, but are not limited to:

Transitional Housing

We currently operate eight homes in LA and Riverside Counties open to men, women, and children, with options for sober living or harm-reduction housing. All of our services are available to our houseguests, many of whom have been unable to obtain housing after being released due to their conviction histories.

Case Management

Our Case Management specialists provide support to our guests with obtaining necessary documents/identification and accessing insurance, education, healthcare, clothing, food, & more.

Peer Support

Our houseguests are not alone - our support specialists, having experienced incarceration, addiction, and homelessness themselves - understand our guests' needs and the barriers they face. We’re here to meet our guests wherever they are in their journeys and to support them moving forward through empowerment, support with recovery, referrals, and mentorship.

Family Reunification, Equity, & Empowerment (FREE) Project

Mass incarceration affects not just individuals, but families - many of our community members and guests experience family separation at the hands of the child welfare system. The FREE Project is system-impacted led and organizes parents and family members in a non-judgemental space, advising on best practices and dependency court procedures. We recently sponsored and passed a statewide bill that eliminates major barriers to child placement and allows family members with criminal convictions unrelated to caring for children to be considered as placement options allowing for suitable family members with criminal convictions to step up in times of crisis.

Employment

Through our Path to SEED program, we connect guests and community members with employment opportunities and provide training & support regarding obtaining and retaining employment, often a major hurdle for formerly incarcerated individuals.

Marshall Legal Clinic

Our free clinics provide relief for expungements, wills/trusts, immigration, and more with the support of local legal organizations.

Policy Advocacy

In the past year, we’ve co-sponsored and/or supported nearly a dozen statewide bills to reduce the scale of mass incarceration and its collateral consequences. We’ve also worked locally to influence Riverside County to reduce criminal history look-back periods from 7 years to 3 years in 2017 and to enable youth coming out of probation to be able to stay with their family members in subsidized housing.

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Grassroots Organizing & Civic Engagement

Our Participatory Defense organizing model (based on Silicon Valley De-Bug) empowers family and community members in the courtroom to positively impact their loved one’s outcome and to bring them home. As fiscal sponsor and start-up organization of Riverside All of Us or None (a chapter of a national initiative of formerly incarcerated people, family members, and allies advocating for the rights of the currently and formerly incarcerated people) we ensure that system impacted leadership remains at the center of the fight to keep our community together and address the social problems that incarceration purports to solve. Our community outreach team also disseminates voter registration and public health information regarding COVID-19, and we organize food and clothing relief for community members in need.

(951) 898-0862 office@startingoverinc.org

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FRANCINE MARsoLEK

BROKER I OWNER I REAL TOR®

Mobile: (612) 868-9344 Phone: (651) 797-4219 METRO REAL ESTATE SERVICES www.nhmres.com BACK TO CONTENTS

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Downsizing Made Easy: A Guide to Streamlining Your Life in Minnesota

By Francine Marsolek

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mbarking on a downsizing journey can be both exciting and overwhelming.

Whether you’re an empty-nester looking to simplify your life or simply seeking a more minimalist lifestyle, downsizing in Minnesota offers an opportunity to streamline your living space and focus on what truly matters. In this comprehensive guide, we’ll explore practical tips and strategies to make the downsizing process smooth and stress-free.

From decluttering and organizing to finding the perfect smaller home, we’ve got you covered on your journey to a more simplified and fulfilling life in the beautiful state of Minnesota.

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ASSESS YOUR NEEDS AND SET GOALS 1. DETERMINE YOUR MOTIVATION FOR DOWNSIZING –IS IT TO SAVE MONEY, REDUCE MAINTENANCE, OR EMBRACE A MORE MINIMALIST LIFESTYLE?

When embarking on a downsizing journey, it’s important to identify your motivations. Are you looking to save money on housing expenses? Do you want to reduce the time and effort spent on home maintenance? Or perhaps you’re drawn to the idea of embracing a more minimalist lifestyle, focusing on experiences rather than material thepowerisnowmeida

possessions. Understanding your motivations will help guide your decisions throughout the downsizing process and ensure that you stay aligned with your goals.

2. EVALUATE YOUR CURRENT LIVING SPACE AND IDENTIFY WHAT YOU TRULY NEED AND LOVE.

Take a critical look at your current living space and assess what items are essential and truly meaningful to you. Consider the layout, functionality, and size of your current home. Are there unused rooms or areas that could be better utilized? Take note of furniture, appliances, and possessions that you rarely use or that no longer serve a purpose in your life. This evaluation will help you prioritize what to keep and what to let go of as you downsize.

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3. SET REALISTIC GOALS FOR YOUR DOWNSIZING JOURNEY –

define your target square footage, desired location, and amenities.

Establishing realistic goals is key to a successful downsizing experience. Determine your desired square footage for your new home. Consider the number of bedrooms, bathrooms, and other amenities that are important to you. Think about the location you prefer, whether it’s a specific neighborhood, proximity to family and friends, or access to certain amenities like parks, shopping centers, or healthcare facilities. Having clear goals will help you focus your search and ensure that your downsized home meets your needs and preferences.

By assessing your needs, understanding your motivations, and setting realistic goals, you’ll be equipped with a clear vision for your downsizing journey in Minnesota. With a solid foundation in place, you can move forward with confidence and make informed decisions as you streamline your life and create a more fulfilling living space.

DECLUTTERING AND SORTING thepowerisnowmeida

1. START WITH ONE ROOM AT A TIME AND SORT BELONGINGS INTO CATEGORIES: KEEP, DONATE, SELL, OR DISCARD.

When it comes to downsizing, tackling the entire house at once can feel overwhelming. Instead, break it down into manageable steps by starting with one room at a time. Begin by sorting your belongings into categories: items you want to keep, those you can donate to charity or friends, things you can sell, and items that should be discarded. This systematic approach will help you stay organized and make the process more efficient.

2. UTILIZE THE “ONE-YEAR RULE” – IF YOU HAVEN’T USED OR WORN AN ITEM IN THE PAST YEAR, CONSIDER LETTING IT GO.

As you sort through your belongings, consider implementing the “one-year rule.” If you haven’t used or worn an item in the past year, it’s likely that you can live without it in your downsized home. Be honest with yourself and evaluate the practicality and sentimental value of each item.

Letting go of possessions that no longer serve a purpose will free up valuable space in your new home and help you embrace a simpler, clutterfree lifestyle.

4. TAKE ADVANTAGE OF LOCAL DONATION CENTERS, CONSIGNMENT SHOPS, OR ONLINE PLATFORMS TO SELL OR GIVE AWAY ITEMS.

Donating or selling your unwanted items is an excellent way to give them a new life while also decluttering your space. Research local donation centers, charities, and non-profit organizations that accept donations. Consider consignment shops or online platforms to sell items that are in good condition. This way, you can potentially earn some extra money while helping others or recycling unwanted items.

4. DIGITIZE SENTIMENTAL ITEMS LIKE PHOTOS AND DOCUMENTS TO SAVE SPACE AND PRESERVE MEMORIES.

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Sentimental items such as photographs, letters, and documents often hold cherished memories. To save space while still preserving these meaningful items, consider digitizing them.

Scan photographs and important documents, creating digital copies that can be stored on your computer or in cloud storage. This way, you can reduce physical clutter without losing the sentimental value associated with these items.

By following these decluttering and sorting strategies, you can efficiently downsize your belongings and create a more organized living space. Remember, downsizing is not about simply getting rid of things—it’s about prioritizing what truly matters to you and surrounding yourself with items that bring joy and purpose to your life.

EFFICIENT SPACE PLANNING MEASURE YOUR NEW SPACE AND CREATE A FLOOR PLAN TO VISUALIZE HOW YOUR BELONGINGS WILL FIT.

Before moving into your downsized home, take precise measurements of each room and create a floor plan. This will allow you to visualize how your furniture and belongings will fit in the new space. Consider the layout and flow of the rooms and make adjustments as needed. Having a clear understanding of the available space will help you make informed decisions about what items to bring with you and how to arrange them in a way that maximizes functionality and comfort.

PRIORITIZE ESSENTIAL FURNITURE AND ITEMS THAT HOLD SENTIMENTAL VALUE.

When downsizing, it’s important to prioritize essential furniture and items that hold sentimental value. Identify the pieces that you use daily and cannot imagine living without. These may include your bed, dining table, favorite armchair, or family heirlooms. Focus on keeping the items that enhance your comfort and bring you joy, while JULY 2023

being mindful of the limited space available in your new home.

MAXIMIZE STORAGE OPPORTUNITIES BY UTILIZING VERTICAL SPACE, INVESTING IN MULTI-FUNCTIONAL FURNITURE, AND USING CLEVER ORGANIZATIONAL SOLUTIONS.

With limited square footage, maximizing storage is crucial. Look for opportunities to utilize vertical space by installing shelves, hooks, or hanging organizers. Invest in multi-functional furniture pieces that serve multiple purposes, such as ottomans with hidden storage or beds with built-in drawers. Explore clever organizational solutions like storage bins, dividers, and closet systems to make the most of every inch of storage space.

By being strategic with your storage options, you can effectively optimize the functionality of your downsized home.

CONSIDER RENTING A STORAGE UNIT FOR ITEMS YOU CAN’T PART WITH BUT DON’T HAVE IMMEDIATE USE FOR.

If you find that you have sentimental items or belongings that you can’t part with but don’t have immediate use for in your downsized home, renting a storage unit can be a practical solution.

This allows you to keep treasured possessions or seasonal items safe and accessible while freeing up valuable space in your new living environment. However, be mindful of the costs and make sure to regularly evaluate the necessity of items in storage to avoid unnecessary expenses.

By efficiently planning the use of space in your downsized home, you can create a functional and organized living environment. Prioritizing essential furniture, maximizing storage options, and utilizing innovative solutions will help you make the most of your limited square footage while maintaining a comfortable and clutter-free living space.

SELLING YOUR CURRENT HOME thepowerisnowmeida

Work with a trusted real estate agent who specializes in downsizing to help you navigate the selling process.Selling your current home is a significant step in the downsizing journey.

To ensure a smooth and successful sale, it’s essential to work with a trusted real estate agent who specializes in downsizing. They will have the expertise and knowledge to guide you through the selling process, market your home effectively, and help you achieve the best possible sale price.

Stage your home strategically to create a sense of space and highlight its best features.Staging your home can help potential buyers visualize themselves living in the space and create a sense of space and flow. Declutter and depersonalize by removing excessive personal items and arranging furniture in a way that highlights the best features of each room. Consider neutralizing colors and adding tasteful decor to create an appealing and inviting atmosphere.

Price your home competitively based on market conditions and consult with your agent for expert advice.Pricing your home competitively

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Enhance curb appeal and make necessary repairs to attract potential buyers. First impressions matter when selling a home.

Enhance the curb appeal of your property by maintaining a well-groomed exterior, tending to the landscaping, and ensuring the front entrance is inviting. Make any necessary repairs, such as

fixing leaky faucets, repainting walls, or replacing worn-out flooring. These small improvements can make a big difference in attracting potential buyers and increasing the perceived value of your home.

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is essential to attract buyers and generate interest. Your real estate agent will provide a comparative market analysis (CMA) to help determine the appropriate listing price based on market conditions, recent sales, and the unique features of your property. Be open to their expert advice and trust their guidance in setting a realistic and appealing price.

By working with a specialized real estate agent, enhancing your home’s curb appeal, strategically staging your property, and pricing it competitively, you can optimize the selling process and increase the chances of a successful sale.

FINDING THE PERFECT SMALLER HOME Determine your desired location and explore neighborhoods that align with your lifestyle and preferences.When searching for a smaller home, start by determining your desired location in Minnesota.

Consider factors such as proximity to amenities, preferred neighborhoods, access to transportation, and any specific requirements or preferences you may have.

Research different neighborhoods and visit them to get a sense of their atmosphere, amenities, and suitability for your lifestyle.

Consider the amenities and services that are important to you, such as proximity to parks, shopping, or healthcare facilities.

Think about the amenities and services that are important to you in your daily life. Do you enjoy being close to parks or recreational areas? Is access to shopping centers or healthcare facilities a priority?

Consider these factors when exploring potential areas for your smaller home. Make a list of must-have amenities and focus your

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search on neighborhoods that offer them.

Research housing options like condos, townhouses, or smaller single-family homes that meet your needs. As you downsize, explore different housing options that suit your needs and preferences.

Condos and townhouses often provide a low-maintenance lifestyle and may offer amenities like swimming pools, fitness centers, or community spaces. Alternatively, smaller single-family homes can provide a sense of independence and privacy.

Research each option, consider their pros and cons, and envision how they align with your desired lifestyle and budget.

Work with a real estate agent who specializes in downsizing to help you find the ideal property within your budget. Enlist the expertise of a real estate agent who specializes in downsizing to guide you through the process of finding the perfect smaller home. They will have a deep understanding of the local market and can help you navigate the available options.

Communicate your preferences, budget, and desired features to your agent, and they will assist in finding properties that meet your criteria. Their knowledge and experience will be invaluable in finding the ideal home for your downsizing journey.

By determining your desired location, considering amenities and services, researching housing options, and working with a specialized real estate agent, you’ll be well-equipped to find the perfect smaller home that aligns with your needs, preferences, and desired lifestyle. Take your time, explore your options, and trust in the expertise of professionals to help you make a confident and informed decision.

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Smooth Moves: Essential Tips for a Stress-Free Relocation

By Heith Mohler

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oving to a new place can be an exciting adventure, but it can also be overwhelming and stressful. Whether you’re moving across town or across the country, careful planning and preparation are key to ensuring a smooth transition. In this blog, we will share some essential tips and considerations to help make your relocation process as seamless as possible. From finding the right neighborhood to organizing your belongings, we’ve got you covered. Let’s dive in!

Understanding the local culture and lifestyle When planning to relocate, it’s essential to familiarize yourself with the local culture and lifestyle of your new destination. This knowledge will not only help you adapt more easily but also allow you to forge connections and feel a JULY 2023

sense of belonging in your new community. Here are some tips to help you understand the local culture: 1. UTILIZE ONLINE RESOURCES AND ENGAGE WITH THE COMMUNITY:

The internet is a treasure trove of information.

Look for websites, forums, and social media groups dedicated to the city or neighborhood you’re moving to. These platforms often have discussions and posts from locals and ex-pats who can provide valuable insights into the local culture, traditions, and way of life. Engage with the community by asking questions, seeking recommendations, and participating in conversations. This will give you a virtual thepowerisnowmeida

introduction to your new home and help you build connections even before you arrive.

2. EXPLORE LOCAL CUISINE TO EMBRACE THE CULTURE:

Food plays a significant role in any culture, and trying local cuisine is a fantastic way to immerse yourself in the flavors and traditions of your new location. Venture beyond familiar dishes and explore the local specialties. Visit restaurants, food markets, and street vendors to sample the authentic flavors. You can also try your hand at cooking traditional recipes at home using local ingredients. Exploring the local food scene not only enhances your understanding of the culture but also introduces you to new tastes and culinary experiences.

facilities, grocery stores, public transportation, and other amenities that are important to you and your family. Think about your daily routines and how easily you can access these services from your potential new home. Choosing a neighborhood with easy access to necessary services can save you time and make your dayto-day life more convenient.

3. ASSESS THE NEIGHBORHOOD’S QUALITY OF LIFE:

The quality of life in a neighborhood encompasses various aspects that contribute to your overall well-being and happiness. Consider factors such as nearby parks and green spaces, recreational facilities, entertainment options, and cultural attractions. If you enjoy outdoor activities, look for neighborhoods with parks, jogging trails,

EXPLORING HOUSING OPTIONS AND NEIGHBORHOODS Choosing the right neighborhood is crucial for a successful relocation. Each area has its own unique characteristics, amenities, and suitability based on your lifestyle and preferences. Here are some factors to consider when exploring housing options and neighborhoods:

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1.PRIORITIZE SAFETY AND SECURITY:

Your safety and that of your family should be a top priority. Research the crime rates in different neighborhoods and look for areas with a low incidence of crime. Check local police department websites for crime statistics or consult online resources that provide neighborhood safety ratings. Additionally, reading reviews or reaching out to current residents can offer insights into the overall safety and security of a particular area.

2. CONSIDER PROXIMITY TO ESSENTIAL SERVICES:

Assess the convenience of a neighborhood by considering its proximity to essential services.

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or bike paths. If you have children, evaluate the presence of playgrounds or community centers. Assess the availability of cultural events, theaters, restaurants, and other amenities that align with your interests. A neighborhood that offers a good quality of life based on your preferences can greatly enhance your relocation experience.

Embracing the local culture will not only enrich your experience but also help you build meaningful connections with locals and fellow ex-pats.

When it comes to housing options and neighborhoods, prioritizing safety, considering proximity to essential services, and assessing the quality of life are essential factors to consider. A safe neighborhood with convenient access to schools, healthcare, transportation, and amenities that align with your lifestyle will significantly contribute to your daily comfort and overall satisfaction with your new home.

Remember, thorough research and exploration of your new location can help you make informed decisions and find a neighborhood that aligns with your lifestyle and needs. Take the time to delve into the local culture and understand the different housing options available to ensure a smooth transition to your new home.

Remember, relocating is a process that requires careful planning and organization.

Taking the time to research, understand, and CONCLUSION evaluate your options will ensure a smoother transition and increase the likelihood of a Planning to relocate to a new area can be positive relocation experience. both exciting and challenging. By conducting thorough research and considering As you embark on this new chapter in essential factors, you can pave the way your life, embrace the opportunities and for a successful transition. In this blog, we challenges that come with relocation. explored two crucial aspects of relocation: Be open to new experiences, forge understanding the local culture and lifestyle connections, and make the most of your and exploring housing options and new surroundings. With the tips and considerations provided in this blog, you neighborhoods. are well-equipped to navigate the path to a successful relocation.

Understanding the local culture and lifestyle is key to feeling connected and adapting Good luck with your move, and may your to your new community. By utilizing online new location bring you joy, growth, and resources, engaging with the community, fulfillment!` and exploring local cuisine, you can gain valuable insights into the customs, traditions, and flavors of your new location.

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Exploring the Art of Repurposing Real Estate

By James Clifford

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eal estate repurposing is an innovative approach that breathes new life into existing properties, unlocking their potential and transforming them for

new uses. In a world where land and resources are becoming increasingly scarce, repurposing

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offers a sustainable and economically viable solution. This introduction will provide an overview of real estate repurposing, highlighting its significance and the benefits it brings to communities and investors alike. We will delve into the exciting world of repurposing, exploring thepowerisnowmeida

its potential to revitalize underutilized spaces and reshape the urban landscape. Join us as we uncover the art of repurposing real estate and discover the endless possibilities it presents.

analysts to gain insights into the evolving trends and demands in your target area. This research will help you make informed decisions about the type of repurposing project that would be most suitable and profitable.

IDENTIFYING OPPORTUNITIES FOR REPURPOSING

IDENTIFYING POTENTIAL ZONING AND REGULATORY CONSIDERATIONS

ASSESSING UNDERUTILIZED OR VACANT PROPERTIES

The first step in real estate repurposing is identifying properties that have untapped potential. Look for underutilized or vacant buildings that may have fallen out of their original purpose but possess valuable characteristics.

These could include old factories, warehouses, or commercial spaces that are no longer in use. By recognizing these opportunities, you can breathe new life into these properties and maximize their value.

Conduct thorough research and due diligence to identify properties that align with your vision for repurposing. Consider factors such as location, condition, size, and architectural features.

Additionally, evaluate any legal or regulatory restrictions that may affect the repurposing process.

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RESEARCHING MARKET TRENDS AND DEMANDS

Understanding current market trends and demands is crucial when considering real estate repurposing. Research the local market to identify emerging needs and potential gaps in the market.

Are there demands for mixed-use spaces, residential developments, or unique commercial offerings? By aligning your repurposing efforts with market demands, you increase the likelihood of creating a successful and financially viable project.

Gather information on demographics, consumer preferences, and market dynamics. Engage with real estate professionals, consultants, and market thepowerisnowmeida

Before proceeding with any real estate repurposing project, it is essential to consider zoning regulations and other legal considerations.

Zoning laws dictate how properties can be used and may have specific restrictions or requirements for certain types of repurposing projects.

Consult with local planning authorities or zoning departments to understand the regulations and requirements that apply to your target property.

Determine if there are any potential obstacles or modifications needed to comply with zoning codes. Engaging with professionals familiar with local regulations can help navigate potential challenges and ensure a smooth repurposing process.

By carefully assessing underutilized properties, researching market trends, and understanding zoning and regulatory considerations, you can identify prime opportunities for real estate repurposing. These initial steps lay the foundation for a successful and strategic repurposing project that breathes new life into underutilized spaces, benefiting both the community and investors.

FACTORS TO CONSIDER IN REAL ESTATE REPURPOSING 1.FINANCIAL FEASIBILITY AND COST ANALYSIS

Before embarking on a real estate repurposing project, it’s crucial to assess its financial feasibility. Conduct a comprehensive cost analysis that takes into account acquisition costs, JULY2023

renovation or construction expenses, permits, and any other associated expenses. Determine the potential return on investment (ROI) and weigh it against the anticipated costs.

Consider engaging with financial professionals or real estate consultants who can help you evaluate the financial viability of the project.

They can assist in conducting a thorough market analysis, estimating potential rental or sale prices, and projecting cash flows. By carefully evaluating the financial aspects, you can make informed decisions and ensure that the repurposing project aligns with your investment goals.

2.UNDERSTANDING THE TARGET MARKET

Successful real estate repurposing requires a deep understanding of the target market and its needs. Research and analyze the demographics, preferences, and demands of the intended end-users or tenants. Consider factors such as lifestyle trends, work patterns, and community dynamics that may influence their preferences.

Adapting the repurposed property to meet the needs of the target market is essential for attracting tenants or buyers. This could involve incorporating amenities, optimizing the layout, or considering specific design elements that resonate with the target audience. By catering to their needs, you increase the property’s desirability and potential for long-term success .

3.SUSTAINABILITY AND ENVIRONMENTAL CONSIDERATIONS

In today’s environmentally conscious world, sustainability plays a vital role in real estate repurposing. Consider incorporating green and energy-efficient features into the repurposed property. This could involve using eco-friendly materials, implementing renewable energy systems, optimizing water usage, and integrating sustainable landscaping practices.

construction process. By reducing waste and minimizing environmental impact, you contribute to a more sustainable future while potentially benefiting from cost savings.

Additionally, evaluate the property’s proximity to public transportation, amenities, and walkability.

Access to sustainable transportation options and nearby services can enhance the property’s appeal and contribute to a more sustainable lifestyle for its occupants.

By considering financial feasibility, understanding the target market, and incorporating sustainable practices, you can ensure that your real estate repurposing project is well-aligned with market demands and future-focused. These factors contribute to the overall success and long-term viability of the repurposed property, while also addressing the growing need for sustainable and environmentally conscious development.

Assess the potential for recycling or repurposing existing materials during the renovation or JULY 2023

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WOULD KEEP US FROM OUR NEW HOME.” “ As our family continued to grow, we started looking for a new home. The landlord told us he wasn’t comfortable renting to people with children because they might go to school or daycare and bring home COVID-19.”

COVID-19 inequity is real, and it shouldn’t be made worse because of housing discrimination. If you suspect housing discrimination because of your familial status, file a complaint with HUD or your local fair housing center so we can investigate it.

Go to hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339 FAIR HOUSING: THE LAW IS ON YOUR SIDE. A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance.

The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. thepowerisnowmeida JULY2023

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MONICA HILL

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Menifee, CA Real Estate Update for Q3, 2023

By Monica Hill

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elcome to the Menifee, California real estate update for the third quarter of 2023. In this article post, we will explore the current state of the Menifee housing market, including recent trends, property values, market conditions, and other relevant information that can help potential buyers and sellers make informed decisions.

Menifee is a fast-growing city in Riverside County, California, known for its family-friendly atmosphere and convenient location. So, without further ado, let’s dive into the real estate market in Menifee.

.1. MARKET TRENDS

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The Menifee real estate market has been experiencing steady growth over the past few years, and this trend continues into the third quarter of 2023. Demand for homes in the area remains high, driven by the city’s affordable housing options and its proximity to major employment centers in Southern California.

2. PROPERTY VALUES

The median home price in Menifee has seen a gradual increase over the past year. As of Q3, 2023, the median home price stands at $425,000, representing a 6% increase compared to the same period last year. This rise in property values indicates a strong market thepowerisnowmeida

and demonstrates the city’s appeal to both residents and investors.

PHOTO FROM 123RF

4. INVENTORY AND MARKET CONDITIONS

The housing inventory in Menifee has been relatively stable, with a consistent supply of homes on the market. The availability of housing options ensures that buyers have a range of choices when looking for their ideal home. However, the market remains competitive, with properties often receiving multiple offers, especially in sought-after neighborhoods.

4. HOUSING MARKET FORECAST

Looking ahead, the Menifee real estate market is expected to continue its upward trajectory in the coming months. With its affordable housing options and desirable location, the city is likely to attract more buyers and investors. Additionally, ongoing development projects, improved infrastructure, and the city’s commitment to community development are expected to contribute to the positive growth of the market.

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4. TIPS FOR BUYERS AND SELLERS

agent who can provide valuable insights and guide you through the process.

FOR SELLERS: - Price your home competitively to attract potential buyers.

- Enhance your property’s curb appeal to make a positive first impression.

- Consider staging your home to showcase its potential and help it stand out from the competition.

CONCLUSION The Menifee, CA real estate market in Q3, 2023, continues to show promising signs of growth. With increasing property values and strong demand, it is an opportune time for both buyers and sellers to enter the market.

The city’s affordable housing options, familyfriendly environment, and convenient location

FOR BUYERS:

make it an attractive choice for individuals

- Get pre-approved for a mortgage to strengthen your position when making an offer.

California. As always, it is recommended to

- Act quickly when you find a property you like, as homes in Menifee can sell fast.

and families looking to settle in Southern consult with a local real estate professional for personalized advice tailored to your specific needs and goals.

- Work with a knowledgeable local real estate

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WOULD KEEP US FROM OUR NEW HOME.” “ As our family continued to grow, we started looking for a new home. The landlord told us he wasn’t comfortable renting to people with children because they might go to school or daycare and bring home COVID-19.”

COVID-19 inequity is real, and it shouldn’t be made worse because of housing discrimination. If you suspect housing discrimination because of your familial status, file a complaint with HUD or your local fair housing center so we can investigate it.

Go to hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339 FAIR HOUSING: THE LAW IS ON YOUR SIDE. A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance.

The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. thepowerisnowmeida JULY2023

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STEVEN RIVKIN PHOTOS FROM 123RF

Reo Broker

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Demystifying Loan Estimates: Essential InformationYou Must Have

By Steven Rivkin

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btaining a loan can be an overwhelming process, especially if you are a first-time borrower or if you haven’t been through the process in a while. One of the critical documents you will encounter when applying for a loan is the Loan Estimate. This document provides crucial information about the loan terms, interest rates, fees, and estimated costs associated with the loan. In this article, we aim to demystify Loan Estimates and provide you with the essential information you must have.

WHAT IS A LOAN ESTIMATE? A Loan Estimate is a standardized document JULY 2023

that lenders are required to provide to borrowers within three business days of receiving a completed loan application. It is designed to help borrowers understand the key features, costs, and risks associated with the loan they are applying for. The Loan Estimate replaces the previous Good Faith Estimate (GFE) and Truth in Lending (TIL) disclosure forms.

z Key Components of a Loan Estimate: 1.LOAN TERMS:

This section provides an overview of the loan, including the loan amount, interest rate, loan duration, and whether the interest rate is fixed thepowerisnowmeida

or adjustable. It also specifies if there are any prepayment penalties or balloon payments associated with the loan.

2.PROJECTED PAYMENTS:

Here, you will find the estimated monthly payment breakdown, including the principal and interest, mortgage insurance, property taxes, and homeowner’s insurance. This section also indicates if the payment amount can change over time.

3.CLOSING COSTS:

The Loan Estimate details the estimated costs you will need to pay at the closing of the loan.

This includes fees for loan origination, appraisal, title insurance, taxes, and other services. It also provides an estimate of the total closing costs and cash needed to close the loan.

4.LOAN COSTS:

This section outlines the specific costs related to the loan itself, such as the interest rate, points (if applicable), and any lender credits offered.

It helps you understand the total amount you will pay over the life of the loan, including the principal, interest, and mortgage insurance.

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5.OTHER CONSIDERATIONS:

The Loan Estimate highlights additional information, including whether the loan can be assumed or whether there are any penalties for late payments or defaulting on the loan. It also clarifies if there are any required services that you must use during the loan process, such as specific appraisers or title companies.

WHY IS THE LOAN ESTIMATE IMPORTANT?

borrowers as it provides transparency and enables you to make an informed decision about the loan you are considering. By reviewing the Loan Estimate, you can compare loan offers from different lenders and assess the affordability and suitability of each option. It helps you understand the total cost of the loan, the amount you need to bring to the closing table, and any potential risks associated with the loan.

WHAT TO DO WITH THE LOAN ESTIMATE? Once you receive the Loan Estimate, take the time to review it carefully. Compare it with offers from other lenders to ensure you are getting the best terms and rates. Pay close attention to the estimated closing costs, as they can significantly impact the overall affordability of the loan. If you have any questions or concerns about the Loan Estimate, don’t hesitate to reach out to the lender for clarification.

Remember, the Loan Estimate is not a final loan approval or commitment to lend. It is an estimate based on the information provided at the time of application. The final loan terms may vary, but the lender is required to provide a Closing Disclosure three business days before the closing. This document will outline the final terms and costs of the loan.

In conclusion, understanding the Loan Estimate is vital when navigating the loan application process. By demystifying this document and paying attention to its key components, you can make informed decisions about your loan options.

Take the time to review and compare Loan Estimates from different lenders, ensuring that you select the loan that best fits your financial needs.

The Loan Estimate is a crucial document for thepowerisnowmeida

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Keeping Our Home Is Our #1 Priority.

Dixon and Eunice Sanchez, Brentwood, NY

Last year we were facing foreclosure and we weren’t sure what to do, but we knew one thing – We wanted to keep our home, NOT LOSE IT. Then we found out about HUD-approved counselors. The expert advice we received helped us save our home.

Contact a HUD-approved housing counselor for FREE advice. Get started today. Visit:

www.hud.gov/fairhousing or call 1-888-995-HOPE A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, family status or disability. For more information, visit www.hud.gov/fairhousing.

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WALTER E. HUFF II

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When is the Best Time to Sell a Home in Denver, Colorado?

By Walter Huff

S

elling a home is a major decision that requires careful planning and consideration. If you’re a homeowner in Denver, Colorado, looking to sell your property, you may be wondering when the best

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time to enter the market is. Timing plays a crucial role in the real estate industry, and understanding the local market dynamics can help you maximize your chances of a successful sale. In this blog post, we will explore the factors that influence the ideal time to sell a home in Denver, Colorado. thepowerisnowmeida

1.CONSIDER THE LOCAL REAL ESTATE MARKET:

To determine the best time to sell your home in Denver, it’s essential to assess the current state of the local real estate market. Market conditions can fluctuate, impacting the demand and supply of homes. Factors such as inventory levels, buyer demand, and interest rates all play a role in the market’s competitiveness. Consulting with a local real estate agent or researching recent market trends will provide valuable insights into the conditions you may face.

2.SEASONAL TRENDS:

Seasonal fluctuations can significantly affect the real estate market, and Denver is no exception.

Spring and summer tend to be the busiest seasons for home sales. The pleasant weather and longer daylight hours make it an ideal time for buyers to explore properties. Additionally, families with children often prefer to move during the summer to minimize disruption to their children’s education.

However, keep in mind that increased competition during these seasons may impact pricing and negotiation power.

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3.WEATHER CONSIDERATIONS:

Colorado’s weather is known for its dramatic changes, particularly during the winter months.

Snowstorms and colder temperatures can affect the number of potential buyers willing to venture out to view homes. However, Denver’s climate is relatively mild, and winter can still present opportunities for sellers. Some buyers may be attracted to lower inventory levels during this time, potentially resulting in less competition.

Economic stability and job growth can also influence the timing of a home sale. Denver’s strong economy, fueled by various industries such as technology, healthcare, and renewable energy, has led to a steady influx of new residents. Understanding the economic climate and the local job market can help you gauge the demand for housing and determine the best time to sell.

5.PERSONAL CIRCUMSTANCES:

While market conditions and seasonal trends are essential considerations, your personal circumstances should also play a role in determining when to sell your home. Factors such as job relocation, financial goals, or changes in family size can influence your decision. It’s essential to weigh these factors alongside the market dynamics to make an informed choice.

CONCLUSION Deciding when to sell your home in Denver, Colorado, involves careful consideration of various factors, including the local real estate market, seasonal trends, weather conditions, economic factors, and your personal circumstances. While spring and summer often offer increased buyer activity, other factors such as reduced competition or unique circumstances may make other seasons equally favorable for selling. Ultimately, consulting with a local real estate professional and analyzing the current market conditions will help you determine the best time to sell your home and achieve your desired outcome.

4.ECONOMIC FACTORS:

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Live life in full color.

Encourage and accept diversity in your neighborhood and community. It will promote a greater sense of engagement, better prepare your children for the global community they will inhabit…give us all a richer life. To better understand how neighborhood diversity will benefit you and your family, please log onto www.ARicherLife.org.

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Celebrating the 40th Anniversary of the Fair Housing Act

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YVONNE MCFADDEN

Realtor | Delex Realty

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The Cost of Selling a Home in Scottsdale, Arizona:

A Comprehensive Guide

By Yvonne McFadden

S

elling a home can be an exciting and rewarding experience, but it’s essential to be aware of the costs involved to make informed decisions. If you’re planning to sell your home in Scottsdale, Arizona, understanding the expenses associated with the process will help you estimate your budget and maximize your profits. In this blog, we’ll break down the various costs involved in selling a home in Scottsdale, enabling you to navigate the process confidently.

REAL ESTATE AGENT FEES One of the significant costs when selling a home is the commission paid to real estate agents. Typically, sellers pay a commission of around 5-6% of the final sale price. This fee is split between the listing agent (representing the seller) and the buyer’s agent (representing the purchaser). While it may seem substantial, having a professional agent on your side can help you secure a higher selling price and navigate the complexities of the real estate market.

HOME PREPARATION COSTS JULY 2023

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Before listing your home, you may need to invest in certain repairs, renovations, or staging to enhance its appeal to potential buyers. These costs can vary significantly based on the condition of your home. Minor repairs and cosmetic updates such as fresh paint, landscaping, or new fixtures can improve your home’s market value and make it more enticing to buyers.

HOME INSPECTION AND APPRAISAL FEES Buyers will likely request a home inspection to ensure the property is in good condition.

It’s wise for sellers to obtain their own prelisting inspection to identify any issues in advance. The cost of a home inspection in Scottsdale can range from $300 to $600, depending on the size and complexity of the property. Additionally, an appraisal might be required to determine the market value of your home, which can cost around $300 to $500.

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CLOSING COSTS As the seller, you’ll be responsible for covering certain closing costs, which typically range between 1-3% of the final sale price.

These costs may include title search fees, title insurance, escrow fees, attorney fees, and recording fees. It’s advisable to consult with a real estate attorney or a trusted professional to understand the specific closing costs applicable to your situation.

Marketing and Advertising Expenses To attract potential buyers, you’ll need to invest in marketing and advertising your

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home. While some agents include these expenses in their services, others may charge additional fees for professional photography, virtual tours, brochures, online listings, and advertising campaigns. The cost of marketing can vary, but it’s an essential aspect of reaching a wide audience and generating interest in your property.

CAPITAL GAINS TAX Depending on your individual circumstances, you may be subject to capital gains tax when selling your home in Scottsdale. However, it’s crucial to consult with a tax professional or accountant to understand the specific tax implications and any potential exemptions or deductions that may apply to you.

CONCLUSION Selling a home in Scottsdale, Arizona involves various costs that need to be considered when estimating your overall expenses and anticipated profit. Real estate agent fees, home preparation costs, inspection and appraisal fees, closing costs, marketing expenses, and potential taxes all contribute to the overall cost of selling a property. By understanding these expenses upfront, you can better plan your budget and make informed decisions throughout t `he selling process. Remember to consult with professionals and trusted advisors to ensure you have accurate information and guidance tailored to your specific situation.

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By Brandy Nelson

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efinancing a mortgage can be a strategic financial move for homeowners in Palm Desert, CA. By replacing your existing mortgage with a new one, you may be able to secure a lower interest rate, reduce monthly payments, or access the equity in your home for other

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purposes. However, determining the right time to refinance requires careful` consideration of various factors. In this article, we will explore when it might be the right time for homeowners in Palm Desert, CA, to consider refinancing their mortgage. thepowerisnowmeida

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When is the Right Time to Refinance in Palm Desert, CA?

1. INTEREST RATES

One of the primary reasons homeowners choose to refinance is to take advantage of lower interest rates. Keeping an eye on the current interest rate trends can help you identify when rates have significantly dropped compared to when you initially obtained your mortgage. As a general rule of thumb, refinancing may be a viable option if you can secure a rate that is at least 1-2% lower than your current rate.

However, it’s important to weigh the potential savings against closing costs and other fees associated with refinancing.

2. IMPROVED CREDIT SCORE

If your credit score has significantly improved since you obtained your original mortgage, it could be an excellent time to refinance. A higher credit score demonstrates your creditworthiness to lenders, which can translate into more favorable loan terms and lower interest rates.

Take the time to review your credit report and address any discrepancies or areas for improvement before applying for refinancing.

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3. CHANGE IN FINANCIAL CIRCUMSTANCES

Changes in your financial situation can also play a role in determining the right time to refinance.

For example, if you’ve experienced a significant increase in income, paying off debts, or improved job stability, it might be an opportune moment to refinance. By refinancing, you can potentially shorten your loan term or reduce your monthly payments, freeing up funds for other financial goals.

5. ASSESSING BREAK-EVEN POINT

Refinancing involves closing costs and fees that can vary depending on your specific circumstances. To determine if refinancing is worthwhile, it’s crucial to calculate the breakeven point—the point at which the monthly savings from refinancing will cover the closing costs. If you plan to stay in your home beyond the break-even point, refinancing may be a beneficial long-term financial strategy.

CONCLUSION Refinancing your mortgage in Palm Desert, CA, can be a valuable financial tool when timed right. By considering factors such as interest rates, improved credit score, changes in financial circumstances, building home equity, and assessing the break-even point, homeowners can make informed decisions about refinancing.

However, it is essential to carefully evaluate the costs, benefits, and long-term financial goals before proceeding with a refinance. Consulting with a trusted mortgage professional can provide personalized advice and help you determine if refinancing is the right choice for you in Palm Desert, CA.

4. BUILDING HOME EQUITY

As property values increase in Palm Desert, CA, homeowners may find themselves with higher home equity. Refinancing can enable you to tap into that equity through a cash-out refinance or obtain a better loan-to-value ratio, which may result in improved loan terms. This extra cash can be used for home renovations, debt consolidation, education expenses, or other investments. thepowerisnowmeida

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COVER STORY

DERRICK JOHNSON

Empowering Equality: Equality:

Derrick Johnson’s Leadership in the NAACP then continued on to Houston, TX to receive WHOISDERRICKJOHNSON? He his JD from the South Texas College of Law. In Derrick Johnson by profession is a lawyer and humanitarian. Currently, he serves as the 19th President and CEO of the NAACP taking over the position from Cornell William Brooks. Before becoming the national leader of the NAACP, Derrick served as the president of The Mississippi State NAACP Chapter and the vice-chairman of the Board of Directors.

Apart from taking an active role in leading the nation’s oldest and largest civil rights organization, Johnson also founded the Mississippi nonprofit group One Voice Inc., which aims to improve the quality of life for African Americans through public engagement.

EARLY LIFE Mr. Derrick Johnson was born in Detroit in 1968 and, attended Tougaloo College in Jackson, MS. JULY 2023

later years, Mr. Johnson furthered his training through fellowships with the Congressional Black Caucus Foundation, the George Washington University School of Political Management, and the Massachusetts Institute of Technology (MIT). He has served as an annual guest lecturer at Harvard Law School, lending his expertise to Professor Lani Guinier’s course on social movements, and currently works as an adjunct professor at Tougaloo College.

HisTimeAsThePresidentofthe MississippiNAACPChapter The spirit of activism was always in Johnson, but it would become apparent when he joined the NAACP Chapter of Mississippi. Mr. Johnson dedicated all of his life and career goals to defending the rights and improving the quality of life of Mississippians. thepowerisnowmeida

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During his time serving as the president of the state chapter, Derrick led several critical campaigns for voting rights and equitable education. One of the most remarkable achievements during his years as the president of the Mississippi NAACP Chapter was the successful management of two bond referendum campaigns in Jackson, MS that brought $150 million in school building improvements and $65 million towards the construction of a new convention center, respectively.

As the regional organizer at the Jackson-based nonprofit organization, Southern Echo, Inc., Mr. Johnson provided legal, technical, and training support for communities across the South.

Because of his bold activism in the state, the Chief Justice of the Mississippi Supreme Court appointed Johnson to the Mississippi Access to Justice Commission and the Governor of Mississippi appointed him to Chair the Governor’s Commission for Recovery, Rebuilding, and Renewal after the devastation of Hurricane Katrina.

TheFoundingOneVoice,Inc. After Hurricane Katrina, Mr. Johnson founded One Voice, Inc. whose mission is to ensure an equal voice to traditionally silenced communities across the South and to also improve the quality of life for the African American community through civic engagement training and initiatives.

Through collaborative efforts with traditional and non-traditional allies, One Voice has played a pivotal role in building alliances that transcend organizational and racial boundaries.

The organization over the years has been able to uncover significant needs within the nonprofit sector including access to current and relevant data required to do effective policy analysis. In addition, One Voice has been able to improve the connectivity at the community level between the trained and networked community leadership and non-partisan, community-based structures through which broad public involvement could be organized and sustained.

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One Voice has spawned an annual Black Leadership Summit and the Mississippi Black Leadership Institute, a nine-month training program for community leaders.

One Voice works toward achieving a progressive civic infrastructure in the American South by supporting local and state policy development through training and collaboration across issue areas and geography.

BecomingNAACPPresident The National Association for the Advancement of Colored People (NAACP) is the oldest civil rights organization in the country. Derrick Johnson took over the leadership of the NAACP, becoming the Chief Executive, which was actually a position he was holding in a months.

The move to place Mr. Johnson in the leadership role came after the Association promised a systemwide refresh, and at a time there were concerns that the Association was losing ground to younger, more dynamic social justice groups.

“In this role, I have an opportunity to work with over 2,200 units across the country to ensure that they are effective advocates, ensure that they have a strong voice, ensure that the association can really have an impact on public policy and increase the quality of life for all citizens,” Johnson during a phone interview with reporters.

“We must ensure that we have a strong national voice,” he added. “For too long, we have operated with restrictions in terms of our voice.”

Over the past, the association has been criticized for opting for risk-aversive and bureaucratic tactics compared to the younger groups like Black Live Matters, a racial justice organization formed in 2012 after the murder of Trayvon Martin in Sanford Fla., Michael Brown in Ferguson, Mo., and many others. thepowerisnowmeida

But, to put off the noise and the criticism, Mr. Johnson said the Association was working in tandem and actually supported the young civil rights movements and young activists and that the association was in close communication with the groups.

“Activists today are the leaders of tomorrow,” he said. “Our goal is to provide whatever support we can to any configuration of young people who are willing to add their voices to policy discourse.”

Mr. Johnson is the 19th president of the Association which was founded in 1909.

The Association has been extremely vocal, especially in the mid-20th century when Jim Crow Laws were legalized and practiced in the country. Additionally, the Association has been here waging battles against segregation, voter suppression, and systemic and institutional racism.

The NAACP Board Chairman Leon Russell said that Johnson has proven himself as

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“the strong, decisive leader we need to guide us through both our internal transition, as well as a crucial moment in our nation’s history.”

“With new threats to communities of color emerging daily and attacks on our democracy, the NAACP must be more steadfast than ever before, and Derrick has the vision, mobility, and courage to help us meet that demand,” Russell said in a statement.

Coming in as the president of NAACP, Derrick set out his record straight stating that his top priorities would be fighting voter suppression and ensuring that all children receive a quality education.

NAACP Campaigns Under President Johnson THE 2018 LOG-OUT CAMPAIGN thepowerisnowmeida

Under President Johnson’s leadership, the NAACP has undertaken such efforts as the 2018 “Log Out” Facebook Campaign, pressuring Facebook after reports of Russian hackers targeting African Americans, the Jamestown to Jamestown Partnership, marking the 400th year enslaved Africans first touched the shores of America. A Report for the US Senate Intelligence Committee on Russia’s social media activity in so far as the elections were concerned revealed that black voters were specifically targeted by the Russian Operatives on social media. Research showed that Russians sought to confuse, distract, and ultimately discourage African Americans from voting.

“Facebook’s engagement with partisan firms, its targeting of political opponents, the spread of misinformation, and the utilization of Facebook for propaganda promoting disingenuous portrayals of the African American community is reprehensible,” said Derrick Johnson.

2020 WE ARE DONE DYING CAMPAIGN In a statement, NAACP Wrote,

“Now is the time to protect our communities more fiercely than before. As our communities suffer from the COVID-19 pandemic, it has become painfully obvious that we are still not immune to the racism and prejudice that has afflicted this country for generations. We must demand that state, local, and national leaders take every measure possible to curtail the Black death rate and provide an equitable recovery from this COVID-19 pandemic.”

The Association also called for deliberate and intentional Criminal Justice Reform to ensure the protection of all black lives and also the expansion of the Home Confinement Pilot Program which is under the First Step Act and a reduction in sentence for non-violent offenders.

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Additionally, according to the NAACP Website, the Association has “Expansive student loan relief to include a suspension of student loan payment until the economy gains strength, discharge of student loans for essential workers, and automatic cancellation of at least $20,000 in federal student loan debt for all.”

As the Biden Administration took office in 2021, President Johnson led the charge in calling for a Cabinet-level position focused squarely on advancing our nation’s longstanding issue of racial justice. President Biden signed an Executive Order establishing an interagency effort to eliminate systemic racial barriers and ensure federal policies are rooted in equity, optimizing the well-being of all in public policies.

President Johnson also continues to be on the frontlines of some of the most pressing civil rights issues of our time, calling out Virginia Governor Ralph Northam for his use of Blackface, condemning the burning of Black churches in Tennessee and Louisiana, testifying before the Senate Judiciary Committee in opposition to Attorney General William Barr’s nomination, and overseeing the NAACP’s vote to impeach President Donald J. Trump at the 110th National Convention in Detroit.

President Johnson elevated the Association’s visibility and voice as we called for a national response to the coronavirus pandemic that was informed by existing racial disparities in healthcare outcomes, access, coverage, and services, as well as the disparate impact of COVID-19 on African Americans and other people of color.

Advocacy for Health Care Health care is a basic right of every American, but this promise and right to Americans have fallen short. The overall health of a person is attached to the community conditions in which they are born, grow, live, work, and age. For African Americans however, geography, income, and race have been a longstanding predictor of their JULY 2023

health outcomes. And in recognizing the critical importance of quality health care, President Derrick Johnson has long advocated for expanded Medicaid eligibility, affordable health insurance options, and investment in communitybased health care infrastructure through a strong network of equitably located, well-resourced community health centers.

The NAACP President has called for the “expansion of Medicaid as a short-term measure to cover healthcare for those who are impacted by the pandemic.”

NAACP Advocacy For Homeownership Early last year, NAACP joined hands with the National Association of Real Estate Brokers, in a partnership that will help ensure that black individuals and families have access to quality financial education, appropriate financial products, and assistance to help them have better chances at increasing African American wealth through homeownership.

In a statement to the Atlanta Daily World, NAREB President, Donnell Williams said that his organization stands together with NAACP in a renewed commitment and effort to the African American community.

“The “R” in NAREB stands for “Relationships” and this agreement demonstrates the power of relationships through partnership. We are grateful for this opportunity to fortify and expand our current relationship with the NAACP, which has proven to be a pillar organization for our people for 110-plus years. Our members are the commanders and guardians of our communities and this MOU will provide the template, framework, and formula for successful collaboration which will create positive change nationally and globally. We must work together to organize and strategize our efforts.”

Top of the list of the partnership MOU between NAREB and NAACP include; thepowerisnowmeida

●Collaboration on NAREB’s 2MN5 (2 million new black homeowners in 5 years) programrelated target market research to enable the generation of prospective buyers in various markets nationwide. ●Collaboration on NAREB’s House Then The Car initiative, which is an expansion of 2MN5.

This initiative focuses on increasing homeownership amongst creditworthy, mortgage-ready black millennials. ●Encouraging NAACP members to post properties for sale within NAREB’s REALTIST Referral Network (RRN). For every property referred and sold within the RRN, an agreedupon contribution will be made to the NAACP by the identified REALTIST (NAREB) member/ practitioner involved in the transaction. ●Hosting and participating in various joint events focused on homeownership and other wealth-building strategies at regional and national conventions/conferences or in agreed local markets. ●Development and publishing of a series of recurring, multimedia, public information, and marketing campaigns designed to promote awareness of homeownership opportunities/ benefits and to promote increased levels of black homeownership/wealth.

President Johnson is frequently featured on CNN, MSNBC, CBS, ABC, and many others, advocating on behalf of the Black community and all those who are affected by systemic oppression and prejudice.

Sources https://support.naacp.org/onlineactions/HTLjqYG940WATTV_Y_SUUQ2 https://www.cbsnews.com/news/racism-naacp-national-protests-george-floyd-derrick-johnson/ https://www.clarionledger.com/story/news/local/journeytojustice/2017/10/21/naacp-names-derrick-johnson-new-ceo/787312001/

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https://www.nytimes.com/2017/10/21/us/derrick-johnson-naacp-president.html https://chicagoagentmagazine.com/2020/02/17/naacp-and-nareb-announce-partnership-to-increase-black-homeownership/ https://www.blackenterprise.com/naacp-and-national-association-of-real-estate-brokers-sign-agreement-to-increase-blackhomeownership/?test=prebid https://www.tougaloo.edu/tougaloo-alum-named-naacp-president https://www.nbcnews.com/news/nbcblk/naacp-names-derrick-johnson-president-amid-time-tremendous-challenge-n812971 https://en.wikipedia.org/wiki/Derrick_Johnson_(activist) http://www.democracyinitiative.org/derrick-johnson-0

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What to Expect in Chino Hills, CA Housing Market Q3, 2023

By Dashunda Morris

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he Chino Hills housing market has been a subject of keen interest for both homebuyers and real estate investors.

Situated in Southern California’s picturesque San Bernardino County, Chino Hills is known for its beautiful scenery, excellent schools, and proximity to major employment centers. As we delve into the third quarter of 2023, it is crucial to examine the current state of the housing market and forecast what potential homebuyers and sellers can expect.

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1. MARKET TRENDS IN Q2, 2023

To understand what to expect in the third quarter, it is essential to review the housing market’s recent performance. In Q2, 2023, the Chino Hills market experienced steady growth in home prices, low inventory levels, and high demand.

The average home price rose by X% compared to the previous quarter, indicating a strong market. Additionally, the limited supply of homes for sale led to increased competition among buyers. thepowerisnowmeida

2. CONTINUED PRICE APPRECIATION

The Chino Hills housing market is likely to witness further price appreciation in Q3, 2023. The persistent demand coupled with limited inventory will continue to put upward pressure on home prices. Although the pace of appreciation may moderate slightly, Chino Hills remains an attractive area for buyers, which will likely result in a sustained seller’s market.

3. INVENTORY CHALLENGES

One of the ongoing challenges in Chino Hills’ housing market is the lack of available inventory. This scarcity is expected to persist in Q3, 2023. Several factors contribute to this situation, including limited new construction and a reluctance among homeowners to sell due to favorable market conditions. The low inventory levels will continue to favor sellers, creating a competitive environment for buyers.

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4. INTEREST RATES AND AFFORDABILITY

Mortgage interest rates have a significant impact on the housing market. As of Q3, 2023, experts predict a slight increase in interest rates compared to the previous quarter. While this may deter some buyers, the impact on affordability is expected to be minimal. Chino Hills remains an attractive destination due to its desirability and relatively high median income, allowing buyers to absorb moderate rate increases.

5. SHIFT TOWARDS BALANCED MARKET

Although the Chino Hills market is currently favorable for sellers, there are signs indicating a gradual shift towards a more

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balanced market. The combination of rising prices and potential interest rate increases could slightly temper demand, leading to more equilibrium between buyers and sellers. However, this transition is expected to be gradual and unlikely to result in a buyer’s market in the near term.

6. FACTORS DRIVING DEMAND

Chino Hills’ desirability continues to attract homebuyers. The city offers a high quality of life, excellent schools, and close proximity to major employment centers in Los Angeles, Orange County, and the Inland Empire. Additionally, the city’s natural beauty, recreational opportunities, and family-friendly environment make it an appealing place to live. These factors will continue to drive demand and support a robust housing market.

CONCLUSION In the third quarter of 2023, the Chino Hills housing market is poised to maintain its upward trajectory, with continued price appreciation and a competitive environment for buyers. Limited inventory and strong demand will favor sellers, although there are indications of a gradual shift toward a more balanced market. Chino Hills’ desirability as a place to live, coupled with its attractive amenities and proximity to major employment centers, will sustain the demand for housing in the area.

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Cascade of Empowerment: Supporting Widows and Single Mothers Through Community Empowerment

By DaShunda Morris, Realtor Keller Williams Premier Partners

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s we embrace the spirit of community and compassion, I am pleased to write this article on behalf of the Board of Directors for Cascade of Empowerment. As an active member of the board, am writing to request your financial support as we endeavor to empower widows and single mothers in our community.

Cascade of Empowerment is a non-profit 501(c) (3) organization founded in 2019 and officially incorporated in California on February 25, 2020. Our primary focus is to assist and support a community of widows and single mothers navigating life’s journey alone. These remarkable women, alongside their children, face the unique challenges of making difficult decisions independently. In recognition of their strength and resilience, we aim to provide them with the necessary resources and opportunities to help them embrace their new normal.

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Our organization takes immense pride in being an active Rancho Cucamonga Chamber of Commerce and Christian Business Partners member. We were honored to secure the prestigious Runner-Up position for the 2022 NonProfit RC Awards at the Chamber of Commerce’s annual event. This achievement serves as a testament to our unwavering commitment to making a positive impact in our community.

Over the past year, Cascade of Empowerment has been instrumental in providing assistance such as rental support and car repairs to those in need. We have also actively participated in hosting various community events, including the Annual Shredding Event, contributing food baskets during Thanksgiving, distributing gifts to residents in Senior Community centers, and ensuring children receive gifts during the festive season of Christmas.

One of the cornerstones of our organization is organizing meaningful events for the ladies we serve, particularly during high holiday periods. Furthermore, our website, www. cascadeofempowerment.org, serves as a thepowerisnowmeida

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valuable hub of information, boasting an impressive average score of 80 over the past year. I invite you to visit our website to understand our mission and initiatives better, and the incredible work Cascade of Empowerment is doing.

If you have been a supporter of our organization in the past, we express our heartfelt gratitude for your continuous support. Your contributions have allowed us to positively impact the lives of countless widows and single mothers within our community.

In conclusion, I sincerely thank you for considering our organization and the possibility of providing your support. We can empower these deserving women to reclaim their strength, independence, and confidence. Your financial contribution to our thepowerisnowmeida

Annual Cascade of Empowerment Brunch will play an instrumental role in fostering a brighter future for those who need it the most.

Once again, we extend our heartfelt invitation for you to join us at the Annual Cascade of Empowerment Brunch. We look forward to your presence as we celebrate widows and single mothers’ resilience and indomitable spirit in our community. https://cascadeofempowerment.org/ Sincerely, DaShunda Morris. #01807540 Cell phone: 714-616-1816 SoldbyDaShunda@gmail.com SoldbyDaShunda.com

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When it comes to housing, little things shouldn’t make a difference.

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If you have children or are pregnant and a landlord refuses to rent to you, requires a higher security deposit, limits the use of facilities, or says you can only live in certain areas of a housing complex ... that could be discrimination. And housing discrimination because of familial status is against the law.

If you believe you may be a victim of housing discrimination, contact HUD or your local Fair Housing Center:

Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (voice) 1-800-927-9275 (TTY)

Your Choice. Your Right. Your Home.

A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.

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Unforeseen Expenses: Unveiling the Hidden Costs of Homeownership

By Dolores Golden

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ecoming a homeowner is a significant milestone that many aspire to achieve.

It offers stability, personalization, and a sense of pride. However, amidst the excitement of owning a home, it is crucial to be aware of the hidden costs that can wreak havoc on your budget. In this article, we will shed light on some often overlooked expenses associated with homeownership, ensuring you are well-

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prepared for the financial responsibilities that lie ahead.

1. PROPERTY TAXES

One of the most substantial ongoing expenses that homeowners face is property taxes.

These taxes are typically assessed by local governments and are based on the assessed thepowerisnowmeida

value of your property. They can vary greatly depending on your location and the value of your home. It is essential to consider property taxes when budgeting for homeownership, as they can significantly impact your monthly expenses.

management of shared amenities and common areas, such as swimming pools, parks, or gated security. The amount of HOA fees can vary widely and should be considered when determining your overall housing budget.

2. HOMEOWNERS INSURANCE:

6. HOME IMPROVEMENT PROJECTS:

Protecting your investment is vital, and homeowners insurance plays a crucial role vents such as fire, theft, or natural disasters.

While it is a necessary expense, the cost of homeowners insurance can vary based on factors such as location, coverage limits, and the age and condition of your home. Researching and comparing insurance providers can help you find the best coverage at an affordable price.

Many homeowners embark on home improvement projects to personalize their space or increase the value of their property. While these projects can be exciting, they can also be costly. Whether it’s a kitchen remodel, bathroom upgrade, or adding a new room, it is essential to budget for these expenses and consider their impact on your overall financial plan.

3. MAINTENANCE AND REPAIRS:

Maintaining a home involves ongoing upkeep and occasional repairs. Many homeowners underestimate the costs associated with routine maintenance tasks such as landscaping, HVAC servicing, and plumbing inspections. Additionally, unexpected repairs can arise, such as a leaky roof or a malfunctioning appliance. Building a contingency fund for home maintenance and repairs is essential to avoid financial strain when these issues inevitably arise.

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4. UTILITIES:

CONCLUSION: Owning a home brings joy and a sense of accomplishment, but it also comes with its fair share of financial responsibilities. By understanding and accounting for the hidden costs of homeownership, such as property taxes, homeowners insurance, maintenance and repairs, utilities, HOA fees, and home improvement projects, you can better prepare yourself for the financial journey of owning a home. Careful budgeting and planning will help ensure that you enjoy the benefits of homeownership without being blindsided by unexpected expenses.

As a homeowner, you are responsible for paying various utilities, including electricity, water, gas, and possibly sewer and garbage services. These expenses can vary based on factors such as the size of your home, the number of occupants, and local utility rates. It is crucial to budget for these recurring costs to ensure they do not catch you off guard.

5. HOMEOWNERS ASSOCIATION (HOA) FEES:

If your property is part of a homeowners association, you may be subject to HOA fees.

These fees contribute to the maintenance and thepowerisnowmeida

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ER TODAY thepowerisnowmeida

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WHERE YOU LIVE IS YOUR CHOICE DON’T LET ANYONE TELL YOU DIFFERENTLY. We found the home of our dreams, but the real estate agent said she thought we would be more comfortable in a different neighborhood. But I know it’s illegal to steer prospective homeowners to or from certain neighborhoods based on race or national origin. Report racial steering and put an end to it. Like we did.

SCAN HERE FOR MORE INFO

Visit hud.gov/fairhousing or call the HUD Hotline

1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)

Fair Housing Is Your Right. Use It!

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A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.

I WAS DENIED

HOUSING BECAUSE I HAVE AN

ASSISTANCE

ANIMAL. SO I CONTACTED

HUD FOR HELP.

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When a landlord tried to deny me housing because of my assistance animal, I contacted HUD and learned about my fair housing rights. For instance, landlords must make reasonable accommodations for persons with disabilities, such as allowing an assistance or emotional support animal in a no-pets building. If you believe you have experienced discrimination, contact HUD or your local fair housing center and file a complaint.

Visit hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)

Fair Housing Is Your Right. Use It!

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A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act JULY2023 prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.

NEW YOR JULY 2023

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VIP AGENT

HARRIET ROBERTSON c: (917) 952-7364 o: (347) 406 8369 harriet.a.robertson@gmail.com mynewcity.com

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Licensed Real Estate Broker Member Brooklyn Board of Realtors Member NRBA, NAR, NYSAR,NAREB,AREAA

RK thepowerisnowmeida

JULY2023

Your Guide to Vacant Property Investment in Brooklyn, NY in 2023

By Dolores Golden

I

nvesting in real estate has always been a popular choice for individuals seeking long-term financial growth and stability. In recent years, the borough of Brooklyn in New York City has emerged as a hotbed for real estate investment opportunities. Among these opportunities, vacant properties present a unique chance for investors to make a mark in one of the most sought-after real estate markets in the world. This guide will provide you with valuable

JULY 2023

insights into vacant property investment in Brooklyn, NY, in 2023, helping you navigate the market and make informed investment decisions.

1. UNDERSTANDING THE APPEAL OF BROOKLYN

Brooklyn has experienced a remarkable transformation over the years, transitioning from a gritty and industrial area to a vibrant cultural hub. With its diverse neighborhoods, thepowerisnowmeida

trendy eateries, artistic communities, and excellent transportation links, Brooklyn has become an attractive destination for both residents and investors. The borough’s real estate market has seen a steady appreciation in property values, making it an ideal location for investment.

2. VACANT PROPERTIES: AN OPPORTUNITY

Vacant properties, also known as distressed properties, are houses or buildings that are unoccupied and in need of repair or renovation. While these properties may require a significant investment upfront, they offer unique advantages for astute investors.

Brooklyn’s vacant properties, in particular, provide an opportunity to enter the market at a lower cost and capitalize on the borough’s upward trajectory.

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3. CONDUCTING THOROUGH MARKET RESEARCH

Before venturing into vacant property investment, it’s crucial to conduct comprehensive market research. Analyze Brooklyn’s neighborhoods, taking into account factors such as crime rates, proximity to amenities, transportation access, and potential for growth. Identify neighborhoods that align with your investment goals and offer the best opportunities for long-term profitability.

4. ASSESSING PROPERTY CONDITIONS AND POTENTIAL

When considering vacant properties, it’s essential to evaluate their condition

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and potential. Engage professionals, such as home inspectors and contractors, to conduct thorough inspections and provide estimates for necessary repairs or renovations. Assess the property’s structural integrity, plumbing, electrical systems, and any potential code violations.

This evaluation will help you determine the true cost of the investment and avoid unforeseen expenses down the line.

5. DEVELOPING AN INVESTMENT STRATEGY

Every successful investment requires a well-defined strategy. Determine whether your goal is to flip the property for a quick profit or hold it for rental income and long-term appreciation. Consider your budget, timeline, and risk tolerance when formulating your strategy. Developing a clear plan will guide your decision-making process and increase your chances of success.

6. FINANCING OPTIONS

Vacant property investment often requires substantial capital. Explore financing options available to you, such as traditional mortgages, private lenders, or partnerships with other investors. Analyze the interest rates, terms, and repayment schedules to ensure the financing aligns with your investment goals. Having a solid financial plan will enable you to seize profitable opportunities as they arise.

7. NAVIGATING LEGAL AND REGULATORY FACTORS

Investing in vacant properties entails

JULY2023

navigating legal and regulatory factors. Familiarize yourself with local zoning laws, building codes, and permit requirements specific to Brooklyn. Engage professionals, such as real estate attorneys, to ensure compliance and avoid potential legal pitfalls.

Staying informed and adhering to regulations will protect your investment and mitigate risks.

8. BUILDING A RELIABLE TEAM

Success in vacant property investment often relies on building a reliable team of professionals. Collaborate with experienced real estate agents, contractors, property managers, and attorneys specializing in Brooklyn’s market. Their expertise and local knowledge will prove invaluable throughout the investment process, from identifying potential properties to managing renovations and securing tenants.

9. LONG-TERM MANAGEMENT AND EXIT STRATEGIES

Once you have acquired a vacant property, consider long-term management and exit strategies. If your goal is rental income, engage property management companies to handle tenant screening, rent collection, and property maintenance. Alternatively, if your aim is to sell the property, develop a comprehensive marketing plan and work with real estate agents to attract potential buyers.

CONCLUSION

Investing in vacant properties in Brooklyn, NY, in 2023 presents a promising opportunity for astute investors seeking to capitalize on the borough’s thriving real estate market. By conducting thorough market research, assessing property conditions, developing a sound investment strategy, and assembling a reliable team, you can navigate the complexities of vacant property investment and position yourself for long-term financial success in Brooklyn. Remember to stay informed, adaptable, and patient as you embark on your journey into the world of vacant property investment in this dynamic and ever-evolving borough.

JULY 2023

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SOUNDS LIKE DISCRIMINATION.

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What matters is how you look on paper – not how you sound over the phone.

Judging you by your race or color instead of your qualifications is discrimination.

It’s unfair, it’s painful... and it’s against the law. The best way to stop housing discrimination is to report it.

If you believe you may be a victim of housing discrimination, contact HUD or your local Fair Housing Center:

Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (voice) 1-800-927-9275 (TTY)

Your Choice. Your Right. Your Home.

A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.

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JULY2023

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CALIFOR

JULY 2023

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VIP AGENT

RUBY L. FRAZIER

FULL SERVICE | PROPERTY MANAGEMENT INTERIOR DESIGN | RENTING RESEDENTIALS

LIC#01761773 O: [952] 686-5261 F: [714] 908-7298 BACK TO CONTENTS

www.fraziergrouprealty.com rubyfrazier@fraziergrouprealty.com

RNIA thepowerisnowmeida

JULY2023

5 Key Factors That Can Make or Break Your Loan

By Ruby Frazier

S

ecuring a mortgage is a significant financial commitment that requires careful consideration. One crucial aspect to be mindful of is the mortgage rate, as it directly impacts the overall cost of borrowing. Understanding the factors that influence mortgage rates is essential for potential JULY 2023

homeowners. In this article, we will delve into five key elements that can drastically affect your mortgage rate. By mastering these factors, you can navigate the mortgage landscape more confidently and secure the best possible terms for your loan. thepowerisnowmeida

1. CREDIT SCORE AND HISTORY

4. DEBT-TO-INCOME RATIO

Your credit score plays a vital role in determining the mortgage rate you’ll be offered. Lenders rely on credit scores to assess your creditworthiness and evaluate the level of risk they undertake when providing a loan. A higher credit score generally translates to lower interest rates, as it reflects a strong repayment history and responsible financial behavior. Conversely, a lower credit score may result in higher interest rates or even loan rejection. To improve your chances of securing a favorable mortgage rate, it’s crucial to maintain a healthy credit score and address any issues in your credit history promptly.

Lenders evaluate your debt-to-income (DTI) ratio to assess your ability to repay a mortgage. This ratio represents the percentage of your monthly income that goes towards debt payments, including credit cards, car loans, and student loans. A lower DTI ratio indicates a stronger financial position and can result in more favorable mortgage rates. It’s important to keep your debts in check and avoid taking on excessive new debt before applying for a mortgage to maintain a healthy DTI ratio.

2. DOWN PAYMENT

Mortgage rates are also influenced by broader economic factors and market conditions. Factors such as inflation, unemployment rates, and the overall state of the economy can impact interest rates. Additionally, fluctuations in the housing market and supply and demand dynamics can affect mortgage rates. Keeping an eye on economic indicators and staying informed about market trends can help you make informed decisions regarding the timing of your mortgage application.

The amount you put down as a down payment on your mortgage can significantly impact the interest rate you’ll receive. A larger down payment demonstrates financial stability and reduces the lender’s risk, which can lead to more favorable loan terms. Conversely, a smaller down payment may result in a higher mortgage rate or additional costs, such as private mortgage insurance (PMI). Saving up for a substantial down payment can save you thousands of dollars in interest over the life of your mortgage.

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3. LOAN TERM AND TYPE

The term and type of mortgage you choose also influence your interest rate. Generally, shorterterm mortgages, such as 15-year loans, tend to have lower interest rates compared to longerterm options like 30-year loans. Fixed-rate mortgages offer stability with consistent interest rates over the loan’s duration, while adjustablerate mortgages (ARMs) may start with lower rates but carry the risk of fluctuating interest rates in the future. Understanding the pros and cons of different loan terms and types is crucial in selecting the best option that aligns with your financial goals and risk tolerance.

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5. ECONOMIC FACTORS AND MARKET CONDITIONS

CONCLUSION Mastering the factors that influence mortgage rates is crucial for anyone considering homeownership. By understanding the impact of credit scores, down payments, loan terms, debt-to-income ratios, and economic factors, you can position yourself for the most favorable mortgage rate possible. Remember to maintain a healthy credit score, save for a substantial down payment, choose the right loan term and type, manage your debt responsibly, and stay informed about market conditions. Armed with this knowledge, you’ll be well-equipped to navigate the mortgage landscape and secure a mortgage rate that aligns with your financial goals.

JULY2023

FRAZIER GROUP REALTY

TV

REAL EsTATE SHOW FEATURING

THE FRAZIER REALTY GROUP HOST: ERIC LAWRENCE FRAZIER CO FOUNDER & REAL ESTATE BROKER

NEW EPISODES ON DEMAND EVERY 2ND AND 4TH FRIDAY

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THE FLOOD TURNED OUR LIVES UPSIDE DOWN. WHEN WE TRIED TO RENT A NEW PLACE TO LIVE, WE KEPT GETTING TURNED DOWN. When the flood came, we had to run from our home. Fortunately, we found temporary shelter. But as we started looking for a place to live, we ran into housing discrimination, which isn’t just unfair – it’s illegal. If you feel that a landlord or broker has denied you the sale, rental or financing of a home based on your race, color, religion, sex, national origin, disability or because you have children, report it to HUD or your local fair housing center.

Go to hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339 FAIR HOUSING: THE LAW IS ON YOUR SIDE. A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance.

The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. thepowerisnowmeida JULY2023

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SEATTL JULY 2023

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VIP AGENT

C

NICOLE BASCOMB

Owner/Designated Broker Bascomb Real Estate Group

DRE# 1312180 Mobile: [206]-250-3133

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nicole@bascombrealestate.com www.bascombrealestate.com

LE

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JULY2023

Home Inspections: Cost Breakdown and Planning Tips

BY SUCCESS MONEY

B

uying a home is one of the most significant investments you’ll ever make. Whether it’s your first home or an addition to your property portfolio, a thorough home inspection is a crucial step in the buying process. Home inspections help you identify potential issues, estimate repair costs, and ensure you’re making an informed decision.

In this article, we’ll break down the costs associated with home inspections and provide some essential planning tips to make the most of this essential process.

THE COST BREAKDOWN The cost of a home inspection can vary depending on several factors, including the location, size of the property, and the inspector’s experience and qualifications. On average, a standard home inspection for a typical singlefamily home may cost between $300 to $600.

However, this is a small price to pay compared to the potential issues that may be uncovered, potentially saving you thousands of dollars in unexpected repairs.

JULY 2023

Here’s a breakdown of the main costs you can expect during a home inspection: BASIC HOME INSPECTION:

This typically covers the foundation, roofing, plumbing, electrical systems, HVAC (heating, ventilation, and air conditioning), walls, ceilings, floors, windows, doors, and insulation. The cost for this fundamental inspection usually accounts for the majority of your overall expense.

ADDITIONAL SERVICES:

Depending on your region and specific needs, you may want to consider additional inspections, such as termite inspections, mold testing, radon testing, or septic system inspections. These services come with an extra cost, but they can be crucial in identifying specific issues that might not be covered in a standard inspection.

PROPERTY SIZE AND AGE:

Larger properties or older homes may incur higher inspection fees due to the increased time and effort required to thoroughly examine all thepowerisnowmeida

areas.

INSPECTOR EXPERIENCE:

Highly experienced and reputable inspectors may charge higher fees, but their expertise often leads to a more comprehensive and accurate inspection.

URGENCY:

If you’re under tight timelines, you may need to opt for rush inspections, which could come with an additional fee. ● Re-inspections: In some cases, a reinspection might be necessary to verify if previously identified issues have been adequately addressed. Some inspectors might charge a lower fee for re-inspections.

comprehensive report with detailed findings and photographs. This report will be valuable for negotiations with the seller and planning future repairs or renovations.

CONSIDER ADDITIONAL INSPECTIONS:

Depending on the property’s location and age, additional inspections might be necessary.

Consult with your inspector to determine which extra services are relevant to your situation.

PLAN FOR REPAIRS AND NEGOTIATIONS:

Based on the inspection report, you may identify issues that need attention. Prepare for potential repairs and factor them into your budget. If significant problems are uncovered, you can use this information to negotiate with the seller for a fair deal.

THINK LONG-TERM:

PLANNING TIPS FOR HOME INSPECTIONS Now that you understand the cost breakdown, let’s delve into some essential planning tips to make the most of your home inspection:

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RESEARCH AND CHOOSE A REPUTABLE INSPECTOR:

Don’t just settle for the first inspector you come across. Research local home inspectors, read reviews, and ask for recommendations from friends or real estate agents. Choose an inspector with experience, certifications, and a track record of providing thorough and reliable inspections.

BE PRESENT DURING THE INSPECTION:

Whenever possible, attend the inspection in person. This allows you to ask questions, gain a better understanding of the property’s condition, and receive real-time explanations from the inspector.

REQUEST A DETAILED REPORT:

Ensure that the inspector provides a thepowerisnowmeida

A home inspection not only reveals immediate issues but also helps you understand the home’s overall condition. This knowledge is vital for longterm planning, including maintenance, upgrades, and budgeting for future repairs.

Remember, a home inspection is an investment in your peace of mind and financial security. By understanding the cost breakdown and following these planning tips, you’ll be well-equipped to navigate the inspection process confidently and make informed decisions about your home purchase.

FINAL THOUGHTS Home inspections are an essential part of the home-buying process. The cost of a thorough inspection is a small price to pay compared to the potential savings and peace of mind it can provide. By understanding the cost breakdown, researching reputable inspectors, and following the planning tips outlined in this article, you can ensure a successful home inspection that sets you on the path to a confident and informed home purchase.

JULY2023

JULY 2023

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I’VE HEARD ABOUT

SEXUAL HARASSMENT

AT WORK... BUT I DIDN’T EXPECT IT

IN MY OWN APARTMENT. SO I FILED A COMPLAINT WITH HUD. If a landlord makes unwelcome sexual advances or if he threatens you with eviction or refuses to make repairs because you deny him sexual favors, he is violating the Fair Housing Act. Report sexual harassment and put a stop to it.

Fair Housing Is Your Right. Use It!

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SCAN HERE FOR MORE INFO

Visit hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY) A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing. thepowerisnowmeida

JULY2023

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TEXAS JULY 2023

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I

VIP AGENT

JOHNNIE MORINE

Realtor

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TREC # 0627302 D: [817] 266-6629 THE MORINE GROUP REALTORS www.morinegroup.com

Imperial and Bold real Estate Services

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JULY2023

DIFFERENT NATIONAL ORIGINS.

SAME FAIR HOUSING RIGHTS.

It is illegal for landlords and real estate agents to deny you housing opportunities because of your ethnicity.

The Fair Housing Act prohibits housing discrimination based on national origin. If you believe you have experienced a violation of your rights, file a complaint.

Go to hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339

FAIR HOUSING: THE LAW IS ON YOUR SIDE. JULY 2023

A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability.

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JOHNNIE

MORINE TEXAS

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JOHNNIE MORINE real estate show NEW EPISODES ON DEMAND EVERY 2ND & 4TH FRIDAY

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How can we tell him that the color of his skin is keeping his family from the home of its dreams?

Image by Bernie Kleina

SCAN HERE FOR MORE INFO

Housing discrimination isn’t just unfair – it’s against the law. If you feel that you’ve been denied the sale, rental or financing of a home because of race, color, national origin, religion, sex, familial status or disability, report it to HUD or your local fair housing center.

Fair Housing Is Your Right. Use It. Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)

JULY 2023

A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing thepowerisnowmeida Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.