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Dispelling the Myth About Millennials and Homeownership

“The American Dream of homeownership is as strong today as ever.” That's the belief of HUD Secretary Julián Castro, who in a May 10 address at the National Association of Realtors' Regulatory Issues Forum said millennials are just as committed to homeownership as their parents and grandparents. Despite a widespread impression that members of the…

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May 18, 2016

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The New Definition of Suburbs

A generation ago, the American dream was based in the suburbs. After an economic downturn and a housing crash, the upcoming generations have their own version of the American dream, and it looks decidedly more urban. In fact, while more people are moving back to cities in search of better jobs and more conveniences, suburbs…

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April 27, 2016

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Six Things to Consider When Buying an Insurance Policy for Your Home

As you begin the journey of homeownership, you’ll need to take steps to insure it as buying a home is a major investment. To make sure that you get the best protection for your home, consider the following six policy suggestions. Your Home’s Location Before agreeing to an insurance policy, assess your home’s surrounding area…

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April 5, 2016

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The best month — and day — to list your home

March is now the advent of the spring home-buying season. As the supply of available properties continues to lag demand in most areas of the country, competition between buyers is growing. This situation is changing many of the longstanding rules of real estate. Where the spring buying season once started in early May, more buyers…

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March 29, 2016

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Energy-Efficiency And The Resale Value Of Your House

Thanks to increased awareness and education, saving energy is something valued at all levels of society. Without a doubt, bolstering energy efficiency is crucial for preserving the future of our shared natural environment. However, there are plenty of more practical, down-to-earth reasons for making upgrades that improve your home's energy efficiency. Besides reducing your monthly…

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March 24, 2016

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Target vs. Wal-Mart: Where Are Nearby Home Prices the Highest?

People looking to buy a home often consider the conveniences in the neighborhoods as well. When it comes to choosing a home located near Target versus buying one near a Wal-Mart store, a study conducted by RealtyTrac suggests that it may literally pay people to buy homes located near a Target store. In 2015, homes…

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March 16, 2016

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High Rents, Limited Inventory and Low Interest Rates Encourage People to Search for a Home

High Rents, Limited Inventory and Low Interest Rates Encourage People to Search for a Home High rent prices are driving people to buy their first home. A Redfin survey reports that one in four homebuyers confirm that they decided to purchase a home because rent is becoming unaffordable. This number is up from November’s report,…

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March 8, 2016

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This Year Is Turning Out to Be a Good One When It Comes to Real Estate

The economic data is in from the beginning of the year, and it’s shaping out to be a good one. One of the main factors that affects growth in the housing market is job creation. In January 2016, although employment growth wasn’t what it was in 2015, more than 150,000 jobs were created. This number…

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March 2, 2016

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Four Things to Consider When Making the Decision to Live in the City or the Suburbs

When it's time to make a move, the decision to relocate to either the city or the suburbs can be a difficult one. There are pros and cons for each, and these few facts may help you make the wisest choice. 1. Your Home's Worth Unless your planning to move for the last time, you…

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February 25, 2016

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Can a homeowner association shift repair costs to owners?

People who buy condos reap numerous benefits that are not available to traditional homeowners. Condo owners, for example, enjoy professional maintenance and repair services that alleviate much of the upkeep costs that homeowners must tackle on their own. However, despite many of their maintenance costs being covered by the homeowners' association or by the property…

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February 16, 2016