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Myths About Buying A Vacation Home

Real Estate , ,
Are you thinking about buying a vacation home? Maybe owning two homes is part of your retirement dream. Maybe you'd like to have a second home in your favorite holiday locale. If you are thinking about taking this step, you might have talked to family and friends about it. Unfortunately, many people give well-intentioned, yet poor advice when it comes to buying a vacation home. Here are some myths -- and the truth -- about buying a second home straight from leading real estate experts. You Can Buy A Vacation Home With No Money Down You have probably seen advertisements…
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What’s Ahead For Mortgage Rates This Week – August 13th, 2018

Financial Reports , ,
Last week's economic reports included readings on job openings and inflation along with weekly readings on mortgage rates and new jobless claims. Job Openings Hit Third Highest Reading on Record Job openings held steady at 6.70 million in June, which was the third highest reading since reporting started in 2000. Analysts said that the high number of job openings combined with low unemployment rates indicates healthy labor markets. Fewer jobs were available in transportation, utilities and warehousing, but jobs in education increased. Job quits remained at 2.20 percent for the fourth consecutive month. Quits are considered an indicator of worker…
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Big Second Quarter GDP Numbers Impact Housing Market

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Positive economic growth numbers are always cause for celebration and the second quarter GDP just went vertical. After nearly four years of sub-par growth, the real GDP hit 4.1 percent in the second quarter. While that economic news has everyday Americans excited that we may be entering a new age of prosperity, drawing a concrete link to the real estate market may be difficult. But by looking long and hard at this uptick and its potential impact on housing, you may get a better idea about buying, selling or standing pat on residential and commercial property. GDP Report Points To…
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4 Top Sustainable Home Trends

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The emergence of sustainable energy and products have solidified the go-green movement. Solar energy and electric cars are just the tip of the iceberg. The impact of products on the environment has become a significant measure about their value. Those same principles are also being applied to homes. Smart homes and energy efficiency have a direct correlation to home values and listing prices. That's why homeowners and home builders alike have an eye toward sustainable trends. These are some of the top-ranked home trends. 1: Durability Matters After the catastrophic weather that damaged and destroyed homes in Florida and the…
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Home Trends Includes Natural Mindfulness Designs

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Urban and suburban life offers wonderful conveniences and cultural benefits. But a downside that many families are experiencing is the pervasive use of electronics and disconnectedness from nature. These lifestyle deficiencies have increased the popularity of yoga and meditation and the practice of mindfulness is topping the covers of national magazines. Everyday mothers and fathers are also working hard to engage their children in outdoor activities and nature. These things require an ongoing effort on top of already packed schedules. That's why mindful home designs that bring nature into your living space have been trending. Origins Of Mindful Home Design…
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4 Tips For Downsizing To A Smaller Home

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You can make the most of a small home with smart design strategies and careful planning. Maybe your youngest has finally gone away to college, and you have much more space than you really need. Or perhaps you want to minimize your lifestyle and shrink your carbon footprint. Whatever your reason for downsizing, you can rest assured that moving into a smaller home will not cramp your style. Making a more modest space work doesn't have to be difficult. These tips can help you make the transition with ease. Identify Your Needs Before you start organizing things for the move,…
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What’s Ahead For Mortgage Rates This Week – August 6th, 2018

Financial Reports , ,
Last week's economic reports included readings from Case-Shiller, Commerce Department reports on pending home sales and construction spending and an FOMC statement. Labor sector reports on job creation and the national unemployment rate were released along with the monthly Consumer Confidence Index. Weekly reports on mortgage rates and first-time jobless claims were also released. Case-Shiller: Home Price Growth Holds Steady in May Home price analysts Case-Shiller reported national home prices rose 0.40 percent in May and were 6.40 percent higher year-over-year. Case-Shiller's 20-City Home Price Index was 0.20 percent higher in May and 6.50 percent higher year-over-year. Only seven cities…
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Guide To Buying An A-Frame House

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A-Frame houses have spiked in popularity over the last couple of years. These adorable homes can be quirky or sleek and modern. They are shaped like a triangle -- hence the name. A-Frame houses are shaped like the letter A. The walls begin near the foundation and slope upwards in a slant. The walls meet at the top to form a triangle or A-shape.  A-Frame houses are popular all over the United States. They are ideal for second or vacation homes. The big windows make them especially popular in very picturesque locales. This feature allows homeowners to enjoy fabulous views…
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4 Important Reasons To Install A Home Generator

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Home improvements are key investments when it comes to quality of life and property value. While decks, solar panels and smart technologies are trendy options, installing a home generator may be even more valuable. That's because backup generators not only improve market value, they also protect you and your home during severe weather incidents. Consider these four reasons why a home generator makes good sense. Protect Against Severe Weather The impact of severe weather can reach catastrophic proportions. Thousands of people are left without electricity for days -- even weeks -- after storms. Heat waves also put an inordinate strain…
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Should You Buy A Fixer Upper?

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Popular TV shows like Fixer Upper and Property Brothers have brought the charms of owning a fixer upper to light. A fixer-upper can be a great option if you are prepared for the experience of owning a house that needs work and time. A house that needs work can be a great investment if you are ready to invest the time and money into it. On the other hand, buying a fixer upper might be a problem if you are not aware of what you are getting into. Not sure if owning a fixer upper is worth it? Here are…
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