FINANCIaL

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Personal Finance Alex Voorhees Personal Finance Alex Voorhees

Home Sales Are Finally Picking Back Up

Real estate plays a significant role in the economy. It affects homeowners, renters, buyers, and sellers. So, it’s worth paying attention to signs of improvement. 

After a long stretch of sluggish activity, there are early indications that the housing market may be finding its footing again. Most recently, home sales rose meaningfully, marking the strongest reading in nearly three years…

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Personal Finance Alex Voorhees Personal Finance Alex Voorhees

Three Fascinating Books I Read This Year

This year looked a little different on the reading front. With a newborn at home, my “books read” mainly came in the form of audiobooks on walks around the neighborhood and in the car on the way to work. It wasn’t a big reading year, but there were still a few that really stuck with me…

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Personal Finance Alex Voorhees Personal Finance Alex Voorhees

Why Renting Is The Smart Move in Today’s Housing Market

One of the most common conversations I’ve had with clients this year has nothing to do with their finances. It’s about their children’s struggle to enter the housing market.

Many of my clients are in a strong financial position with stable housing and meaningful savings. But they look at the current housing market and worry that their young adult kids, just starting careers or families, are being priced out of homeownership. It’s understandable, given that the cost of homeownership has skyrocketed relative to renting in recent years…

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Personal Finance, Estate Planning Alex Voorhees Personal Finance, Estate Planning Alex Voorhees

Helping an Adult Child Purchase a Home

I recently met with a couple who wanted to help their adult child navigate today’s challenging housing market. This has come up many times over the past few years as more people are getting priced out of the housing market due to high real estate prices and high interest rates.

Their plan was to give a sizable lump sum for a down payment to keep the mortgage payment more manageable for the child.

Together, we walked through several important questions…

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