Blog - Lori Blank & Associates

25

Apr

Real Estate Tips

Tips for Selling a Home with Outdated Features

Selling a home with outdated features can be a challenge, but it’s far from impossible. Whether your kitchen hasn’t been updated in decades, or your bathrooms still have that retro charm, buyers today are looking for modern, move-in-ready spaces. However, with the right strategy and a few smart improvements, you can make your home more appealing to potential buyers and get the best possible price. 1. Focus on Curb Appeal The first impression counts, and the exterior of your home is the first thing buyers will see. Fresh paint, new landscaping, or even just power-washing the exterior can make a…

24

Apr

By Lori Blank

Real Estate Tips

The Benefits of Buying a Home with a Basement Suite

When searching for a new home, many buyers overlook one valuable feature that can add flexibility, income, and long-term potential: a basement suite. Whether it’s fully finished or ready for renovation, a basement suite can offer a wide range of benefits beyond just additional space. Rental Income Potential One of the biggest advantages of a basement suite is the opportunity to generate rental income. Many homeowners rent out the suite to long-term tenants, students, or even short-term guests depending on local regulations. This additional income can help offset mortgage payments, property taxes, and utility costs, making homeownership more affordable. Multigenerational…

23

Apr

By Lori Blank

Real Estate Tips

No Property? No Problem. Start Investing with REITs

You don’t need to buy a house or manage tenants to get into real estate investing. If you’ve been curious about investing in property but aren’t ready for the hands-on commitment, Real Estate Investment Trusts (REITs) might be the perfect solution. What Is a REIT? A REIT (pronounced "reet") is a company that owns, operates, or finances income-producing real estate. These companies pool money from multiple investors to purchase properties like apartment complexes, office buildings, shopping centers, or even hospitals and warehouses. When you invest in a REIT, you’re essentially buying shares in a company that makes money from real…

22

Apr

By Lori Blank

Home Decorating

Choosing the Perfect Window Coverings for Your Home

Windows play a vital role in shaping your home’s ambiance, bringing in natural light, enhancing privacy, and even improving energy efficiency. The right window coverings can make all the difference, balancing style and functionality while complementing your décor. With a wide range of options available, from classic treatments to cutting-edge technology, finding the perfect fit for your space is easier than ever. Here’s a breakdown of some of the best window covering choices to consider. Classic and Timeless Options Curtains and Drapes Curtains and drapes remain a popular choice for their ability to add warmth, texture, and elegance to any…

21

Apr

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – April 21st, 2025

While the week had a significant absence of impactful data releases, there are still the notable U.S. retail figures numbers, as the turbulent tariff policies that have been announced have sent shockwaves across many industries. This time the U.S. retail sales have seen a significant jump as consumers try to get ahead of the tariff policies, although it is suspected that the subsequent data will show a significant curtailing of purchasing power by consumers. This restraint in the future is what has most analysts concerned about the future in addition to inflation rising as a result of the tariff policies.…

18

Apr

By Lori Blank

Safety Tips

Essential Safety Devices Every Home Should Have

Ensuring a home is equipped with the right safety devices is crucial for protecting both family members and property. From fire prevention to emergency preparedness, having the right tools in place can make all the difference in a crisis. Here are ten essential safety items that every household should have. Smoke AlarmsSmoke alarms are a fundamental part of fire safety. They detect smoke and alert occupants to danger, allowing time for evacuation. It’s essential to install smoke alarms on every floor, inside bedrooms, and in hallways. Regularly test them, replace batteries as needed, and consider interconnected models so all alarms…

17

Apr

By Lori Blank

Home Tips

Fire, Flood, and Protecting Your Home Using Smart Technology

Your home is more than just a place to live, it is where your family feels safe and where your most valuable belongings are kept. Protecting it from potential dangers like fire and flooding is essential. Thanks to modern technology, keeping your home secure has never been easier. Here’s how you can safeguard your home with smart strategies and the latest innovations. Fire Safety Tips Install Smoke Alarms: Place smoke detectors in key areas like bedrooms, hallways, and kitchens. Test them monthly and replace batteries annually. Smart alarms can send an alert to your phone if smoke is detected. Keep…

16

Apr

By Lori Blank

Home Buying Tips

Beyond the Basics of Buying a Home

Buying a home is one of the biggest financial and lifestyle decisions you'll make. While most buyers focus on location, price, and size, there are several overlooked factors that can impact your long-term satisfaction. Here’s what to keep in mind when searching for the perfect home. Neighborhood and Community Research the Area: Investigate crime rates, school districts, and future development plans. Visit at different times of the day to get a real feel for the neighborhood. Noise Levels: Consider proximity to busy roads, train tracks, or nightlife. What seems peaceful during a showing might not be the case at night.…

15

Apr

By Lori Blank

Home Decorating

Turn Your Backyard into a Relaxing Retreat

Your backyard has the potential to be more than just an outdoor space, it can become a personal retreat, a place to unwind, entertain, and make lasting memories. With a few simple enhancements, you can transform your yard into a stylish and functional oasis that you’ll love spending time in. Here are some easy and affordable ways to elevate your outdoor space. Define Your Outdoor Living AreasStart by considering how you want to use your backyard. Do you envision a serene escape for quiet mornings, a vibrant social hub for gatherings, or a mix of both? Defining different zones such…

14

Apr

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – April 14th, 2025

Last week’s inflation reports, both the CPI and PPI, came in significantly cooler than expected. However, this must be viewed in the context of the administration’s recent tariff policies. Rather than signaling a healthy reduction in inflation, the data points to signs of deflation—which can be just as damaging to the economy as high inflation. While the FOMC Minutes offered little insight regarding interest rate changes, Federal Reserve Chairman Jerome Powell has made it clear that no action will be taken until more data becomes available. Finally, the latest consumer sentiment report dropped to its lowest level in three years,…