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NEW CONSTRUCTION #1 ANSWER TO HOUSING SHORTAGE

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New construction will be the #1 answer to the housing shortage in 2017 and beyond. The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices have continued to appreciate …

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SLAYING HOME BUYING MYTHS

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Slaying home buying myths is important to understanding the real estate market in 2017. Think your credit must be perfect to get a Home loan? The facts are that in February of 2017, the average credit score on an FHA loan was a 686. Rents are climbing, but mortgage rates are currently low. It is more likely that owning a …

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OWNING A HOME TAX BENEFITS

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Owning a home could help with tax deductions when that dreaded Tax Day arrives. Many Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they owed additional money to either the Federal or State government or both. Owning a home tax benefits could …

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MORTGAGE INSURANCE EXPLAINED

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Mortgage Insurance – Do You Need It Even if It’s Not Required by Your Lender? Finding a proper mortgage loan and understanding the processing procedures behind the loan is the basis of good research. The down payment on a mortgage loan is typically significant when dealing with mortgage insurance. Most loan applications with less than 20% down payment are required …

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TREEHOUSE KIDS WILL LOVE SPRING DIY PROJECT

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A treehouse is a childhood delight not to be missed.  Besides the fact that treehouses provide kids with hours of entertainment, they can also confer other benefits that are hard to quantify. Some advantages of owning a treehouse are: It can improve property values by boosting curb appeal. There is a handy alternative to the proverbial “doghouse”, when needed. It provides …

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A PRE-SALE HOME INSPECTION IS A GOOD IDEA

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A pre-sale home inspection is a good idea, when selling your home. Imagine this scenario: You find the perfect buyer for your home. The offer is clean. The buyer is making few demands, and the transaction begins humming along. Then, the home inspection results come in.  Negotiations start over,  and that formerly speedy progress toward closing comes to a screeching …

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FOUR TIPS FOR A PRODUCTIVE HOME OFFICE

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For an increasing number of Americans, a 9-to-5 doesn’t involve any commute to work. Video conferencing, online collaborative software, and increasingly reliable messaging systems have made it easier for workplaces to function even without face-to-face interaction. In fact, nearly 50% of American workers have a job that involves some amount of work from home, according to Global Workplace Analytics. Although …

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THREE SUBTLE PAINTING TRICKS FOR SPRING

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Three subtle painting tricks that will make your home look amazing this Spring are: Tissue Paper Texture Sponge Color on Color Taped Stripes When it comes to painting the walls of a house, sometimes subtle is best. You want to add design, color, and texture to the walls, but you don’t want it jarring to the eyes. Here are three …

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4 GREAT REASONS TO BUY A HOME NOW

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Here are 4 great reasons to buy a home now instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.9% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year. The bottom in home …