How To Find Hot Real Estate Markets

A hot market in real estate is identified by a few things, which include higher prices, lower amounts of unsold inventory, and desirable neighborhoods. Neighborhoods can increase in value because of having an excellent location, high-paying jobs, quality schools, and a variety of attractive amenities. Hot Markets Are After The Fact Properties in a hot market may sell faster, for higher prices, and without needing to be in perfect condition or staged for sale. Real estate investors do not necessarily benefit from learning about a hot market unless they already own property in that market area. It is nice to be an owner with a property for sale in a hot market. However, more success may come from identifying a market as potentially valuable before...

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What’s Ahead For Mortgage Rates This Week – July 15th, 2019

Last week’s economic releases included reports on inflation, core inflation and minutes from the Federal Open Market Committee Meeting held June 18 and 19. Weekly readings on mortgage rates and first-time jobless claims were also released. Inflation Rate Rises, but Grows at Lowest Pace in Four Months June’s Consumer Price Index reported the lowest rate of inflation in four months with a year-over-year rate of 1.60 percent growth as compared to May’s year-over-year inflation rate of 1.80 percent. Fuel prices were lower, which helped balance rising costs of rent, clothing and autos. Analysts said that falling inflation rates would be a primary reason why the Fed is likely to cut its key interest rate range later this month. Core inflation, which excludes volatile food and energy...

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4 Times When Laminate Flooring Is Better Than Hardwood

Hardwood flooring is considered a premium flooring material. It’s natural, long-lasting, durable and comes in a wide assortment of colors, wood, stains and plank widths. But hardwood flooring isn’t always the best choice. If you’re looking at homes to buy and eliminating the ones with laminate flooring, you could be overlooking some important considerations. Following are four times when laminate flooring is a better option than hardwood. 1. You Live In A Very Humid Climate Excess humidity isn’t kind to hardwood floors. Wood is hygroscopic, which means it absorbs moisture from the surroundings. Too much moisture in the air can make hardwood floor planks “cup,” which is when the lateral sides curl up. Wood swells when it gets wet, which can cause displacement of individual...

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Making Money Buying Homes And More From Estate Sales

An estate sale is the sale of the property owned by a person after a person dies. This sale may include real property, such as a home, and personal property, such as the home’s contents. There are two ways to buy property through an estate sale. One way is to buy it from the person who inherited the property. The other way is to buy it from the estate through the executor of the estate. The executor is the person with the legal authority to dispose of the estate’s assets according to the last will and testament of the person who died. The executor of the estate may be working with the state authorities in a probate court if the estate is in probate. Probate...

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3D Printing Used For Home Renovations And Construction

3D printing technology is a game-changer in the home construction business. Not only is the technology capable of printing a home, but it can also be used to print one at a much lower cost when compared to traditional home construction. All3DP reports on homes printed using 3D technology that costs as little as $4,000 to $10,000. Some are ready for occupancy within 24 hours. The $4,000 Home A company in Texas, called ICON, is working with NewStoryCharity.org to create 3D-printed homes at an extremely low cost. New Story Charity builds simple homes in other countries, like Haiti and El Salvador. They give these homes to very poor people who live in shacks built out of plastic and cardboard. These homes are small (around 500...

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3D Printing Used For Home Renovations And Construction

3D printing technology is a game-changer in the home construction business. Not only is the technology capable of printing a home, but it can also be used to print one at a much lower cost when compared to traditional home construction. All3DP reports on homes printed using 3D technology that costs as little as $4,000 to $10,000. Some are ready for occupancy within 24 hours. The $4,000 Home A company in Texas, called ICON, is working with NewStoryCharity.org to create 3D-printed homes at an extremely low cost. New Story Charity builds simple homes in other countries, like Haiti and El Salvador. They give these homes to very poor people who live in shacks built out of plastic and cardboard. These homes are small (around 500...

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