Kramer May Real Estate Update

Dated: May 1 2023

Views: 144

Silence is golden. Unless you have kids, then silence is just suspicious:)  HAPPY MOTHER'S DAY
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Associate Broker

Jamey Kramer 
(248) 348-7200
RE/MAX Classic
Did you know that 82% of real estate transactions are referrals? If you feel I'd do a great job working for your friends, then please tell them about me. 3 easy ways to refer me: 1) Forward them a copy of this newsletter. 2) Send both of us an email or text introducing us to each other. 3) Offer my name and number the next time you're chatting together. Or do all three! Thank you. ~Jamey
 

The Wisdom of Mothers 

  1. Shouting to make your children obey is like using the horn to steer your car, with similar results.
  2. Raising a teenager is like nailing Jell-O a tree.
  3. The joy of motherhood: What a woman experiences when all the children are finally in bed.
  4. Family Planning: The art of spacing your children the proper distance apart to keep you on the edge of financial disaster.
  5. Life's golden age: When the kids are too old to need baby-sitters and too young to borrow the car.
  6. There are three ways to get something done: Do it yourself, hire someone to do it, or forbid your children to do it.
  7. Adolescence is the age when children try to raise their parents.
  8. There are only two things a child will share willingly: communicable diseases and his mother's secrets.
  9. Money isn't everything, but it sure keeps the kids in touch.
  10. When your first child gets hurt, you rush him to the hospital. By the third child, you tell him not to bleed on the carpet.
  11. A 3-year-old's voice is louder than 200 adults in a crowded restaurant.
  12. When you hear the toilet flush and the words "Uh-oh," it's already too late.
There has been a lot of talk lately about home selling conditions.

People say prices will rise (or fall), rates will go up (or down), there will be a recession (or not). Clearly, no one knows. The only thing we know for certain is that prices are still high, and buyers are still buying. So, if you've been on the fence about selling, here are a few good reasons to make the leap in 2023:

1. Your home is paid off and you're looking to downsize. Maybe you've been waiting through COVID before moving. You might now be in the best position to sell high and have more equity to buy your cozier dream home.
2. You want to invest the money elsewhere. Again, while prices are high, you may want to sell and use that money for a different purpose. You may want to buy an investment property, fund a business, or travel the world. 
3. You're not quite ready to retire, but you want to capture all the money you can while prices are high. You may need to rent for a while, but that pain might be offset by having a big nest egg in the bank.
4. You can no longer comfortably afford your mortgage. If you've had to reduce your income, you may want to sell while you have a choice and prices are high. The good news: there's not a lot of competition, so there's a chance for a quick offer. 

If you think it's time to sell, get in touch to get the ball rolling.  ~Jamey, (248) 348-7200
 

Nuggets of News

Why Do We Need "Airplane Mode?"

Airlines communicate on different radio frequencies than cell phones. Why, then, are we required to use flight mode? 4 reasons. 1 - Cell towers can get overloaded when millions of people fly over them. 2 - Cabin crews must serve many people fast, and waiting for people to finish calls can cause delays. 3 - Phones can cause disruptive behavior. Imagine your seatmate yakking loudly to a friend on the ground. Annoying, right? Now imagine a dozen people doing the same thing. 4 - 5G cell service can interfere with ground communications on takeoff and landing.

Available: Micro apartment - $700/mo!

It used to be that an 80 sq ft micro apartment would be unheard of. (For comparison, a typical hotel room is 300 sq ft.) Now itsy-bitsy abodes have grown in popularity to combat high rents in dense cities like New York and Vancouver (and have long been popular in Asian mega-cities). To make them seem less like a child's shoebox, functioning kitchens and walled-off toilets help renters feel more at home. Would you live in one? Read more.

The Origin of the Word Construction

The word construction hasn't strayed far from its early language roots. At first, the word came from the Latin 'construere' which meant to pile up together, accumulate or erect. The word construere was first used in terms of understanding the arragment of words in translation, and we can see that in today's English word, construe, which means to understand something from its parts. From the early 15th century, the word 'construccioun' was being used to describe building something.

What Is Fractional Home Ownership?

What it's not: A short term rental or a time-share. What it is: Co-ownership of a single property. This form of ownership is most common for vacation homes, which make it sound like a time-share. A time-share, however, means you buy a dedicated portion of time in a property, but you don't actually own the property. With fractional ownership, a property is divided into shares, and the shares are sold to individuals who hold title. The original seller no longer has any ownership. Management of the property is handled by legal agreement. Owners must be party to decisions that affect the entire property. 

5 Fridge Tips to Keep Food Fresher

  • Keep your refrigerator temp between 35-38F/3-5C to inhibit growth of bacteria.
  • Keep the freezer at 0F/-18C. Any colder and you get frost. Frost means foods lose moisture and flavor. 
  • Moisture is enemy of greens. Dry, then store your cilantro, lettuce, and spinach in airtight containers with a paper towel in the fridge. Alternatively, freeze them in airtight bags. Or hang them to dry.
  • Keep mushrooms fresher by removing them from plastic and putting them in a paper bag in the fridge.
  • Keep butter and cheese in airtight containers to keep them from going rancid.

Just for Fun

Which of the following is not a word used in house construction? (Click the image to see the answer.)
Got Real Estate Questions? Email now!
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Jamey Kramer

Jamey is a native of Metropolitan Detroit and began his real estate career in 1992. His tireless energy and boundless passion have made Jamey an undeniable force in the real estate industry. Jamey has....

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