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Tiny Houses come with Big Problems When Tom Alsani heard about plans for a tiny-home community in St. Petersburg, Fla., he got so excited he immediately wanted to know more. “Right now I have a house with three bedrooms, but the kids are gone and I’m trying to downsize,” says Alsani, a quality-control inspector for furniture companies. “To me, a tiny house is very, very attractive. It’s a state of mind; it’s not about how big you have it but the level of contentment and happi
Rental Rates Continue to Rise! Renters nationwide are out of luck — the average cost of rent jumped nearly 3 percent in April to an average of $1,405, according to property analytics provider CoreLogic’s Single-Family Rent Index, released Tuesday. Nationwide, median rent prices surged 2.9 percent in April and rose 0.3 percent year-over-year, according to the index. Las Vegas, Phoenix and Orlando experienced the most significant hikes, with each of those metro areas tallying y
(TNS)—First-time homebuyers might well wonder: Where are all the starter houses? They’re right to ask, because starter homes are becoming increasingly scarce in many housing markets. Housing inventory is low and home prices are soaring. What’s a first-time buyer to do? Here are five tips for finding a starter home: Be realistic about today’s market. Sellers clearly have an advantage in the current market. Inventory is low, which keeps pushing home prices to record levels, acc
True or false: All real estate advice is good advice. (Hint: Well ... it depends.) Everyone has advice about the real estate market, but not all of that unsolicited information is true. So when it comes time to list your home, you’ll need to separate fact from fiction. Below we’ve identified the top five real estate myths — and debunked them so you can hop on the fast track to selling your property. Myth #1: I need to redo my kitchen and bathroom before selling Truth: While k
Only 5% would scrap their plans to buy a home if rates rose above 5%
According to U.S. brokerage firm Redfin, few homebuyers are halting their searches in the wake of rising mortgage rates.
In May 2018, Redfin commissioned a survey of more than 4,000 people who had bought or sold a home in the last year, attempted to do so, or planned to do so soon.
Among the more than 1,300 respondents who planned to buy a home in the coming year, just 5 percent said they'd call off th
Appreciation heated up on rentals this spring, with the May median monthly rent totaling $1,440, an increase of 2.1 percent year-over-year, according to the May Zillow® Real Estate Market Report. Last May, the increase in median rent was 0.7 percent. “Over the past two years, rent growth slowed across the country as new apartments hit the market and renters with the financial means to do so increasingly became homeowners,” says Aaron Terrazas, senior economist at Zillow. “The
“Refinancing” is a scary word for many people, but that shouldn’t be the case for you. For many homeowners, refinancing can not only lower your monthly payments and help with your monthly budget, but it can save you thousands of dollars in the long run. YOU’RE NOT TOO LATE. For years now, we’ve been hearing that interest rates will be on the rise, and although there have been some small increases, you’re still in a great position to drastically lower your interest rate. The g
First, let me point out that I am not a tax professional. I am a small business owner, a home owner and a managing broker with a top real estate firm. So, please review your specific situation with you tax professional to make sure you are on the right track. The McCleary Decision Something unique to Washington State was the recent decision by the Washington State Supreme Court that forces the hand of local legislators to comply with their mandate to ensure that all schools
The Conspiracy! As we celebrate this Christmas with friends and family feel free to surprise them with a bit of trivia. You know a secret code! A code that was hidden out in the open but buried in the words of a common Christmas song. Through the 16th to 18th centuries, Catholicism was outlawed in England. The vast majority of the general public were functionally illiterate and the church was entrenched in a battle against the so called “Enlightenment Period”. A time when E