There's no reason 2018 can't be the year you finally achieve your goal of buying a new home. Licensed real estate professional Victoria Shtainer joins Cheddar with a guide of how to approach making the milestone purchase in the new year. She says the new tax bill is causing uncertainty in the market, and that such volatility can be good for buyers.
Then, Shtainer gives her tips on what to consider before buying and planning for a move. She says it's important to put in time raking your priorities so you know what to keep in mind when beginning your search. She also discusses why she thinks it's key to keep your paperwork and finances in order so you're prepared to act quickly.
Finally, we hone in on planning a potential move to New York City. Shtainer says to plan on downsizing, beware of fees, and to always visit the apartment building before signing anything. With NYC home prices becoming more affordable, she expects the market to heat up in the new year.
Stocks were mixed in Friday's opening session as the Nasdaq sought to recover after a rough week and following Amazon's earnings, which topped expectations.
It's a benefit to have a 401k plan with your employer but it can also be stressful to decide how to best allocate your contributions. Michele Schneider, partner and director of trading research and education with MarketGauge.com, joined Cheddar News to explain which markets are best to invest in, depending on your age demographic.
There is no specific formula or playbook for handling money with your spouse. Is it any different with a second marriage? Kelli Smith, director of financial planning with Edelman Financial Engines, joined Cheddar News to discuss what approach to take with finances with a new partner.
