We’re having a 4th of July BBQ this year and I wanted to come up with something different and fun to have for games outside. I saw a fun post on Facebook on how to make traditional inside games into yard games. Here’s a link to the original post from our friends at “This Old House”:
Jenga & Yahtzee
7 Giant Yard Games You Can DIY
I decided to go for what I thought would be the 2 easiest. My husband and I made yard sized Jenga and Yahtzee.
We also needed some score sheets for Yahtzee which I downloaded here.
The truth is I don’t know if this is a real estate bubble or not and neither does anyone else! What I can tell you is what I tell all my clients. “If you’re ready to buy then now is the right time”. Of course, I also tell them to carefully consider the following information:
- Buy only what you can afford with the salary you are making RIGHT NOW. Don’t count on a promotion, a raise or a new job. In most cases, especially with first time home buyers, your income will increase, not decrease. If you buy a home you can afford today you can weather any volatility in the the real estate market.
- The market value of your home only matters when you SELL. Although no one can predict the future, if you plan to stay in your home for 5 – 7 years you can very likely wait out any downturn in the market. Looking at historical data if you purchased your home at the peak in 2006, the Denver Market had essentially recovered by 2013 (7 years). Prior to that the property values had been increasing steadily since 1992! (S & P, Case-Shiller Home Price Index).
S&P Dow Jones Indices LLC, S&P/Case-Shiller CO-Denver Home Price Index© [DNXRSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DNXRSA, June 6, 2017.
- Interest rates are incredibly low right now and the likelihood of them increasing gets a little greater every day. For every increase in interest rates you reduce your buying power. For example: if you want to keep your principle and interest payment around $1500 and you have 20% down, the graphic below shows you how that affects your buying power.
With all that being said… If you’ve been sitting on the fence, wondering if you want to buy or not, please reach out to me. I will help you logically evaluate your unique situation so you can make an informed decision about whether or not you’re ready to buy.