It can be challenging to listen to the wisdom of the generations before us (we all have to make our own mistakes, right?), but there are some key credit lessons that are long overdue their time in the spotlight.
If you're like many baby boomers, you possess an unfailing optimism about the future, while also waxing nostalgic about the past.
Niche clientele. Developers of New York City's residential real estate market have been designing properties suited for buyers with a specific focus, including the health-centric buyer and the swimming buyer.
Paula Deen's estate on Wilmington Island is for sale. Located about 10 miles outside downtown Savannah, this home is the ultimate Southern retreat. In addition to the sprawling main residence, the expansive property features two guest cottages, a barn that houses a three-bedroom guest apartment and an eight-car garage, and a dock complete with a quaint dock house.
What was once an over-cluttered and poorly-lit space became an open, airy, and elegant home with a modern design.
Reasons are logical, but the question is whether we're really headed toward becoming a nation of renters, or if home ownership will again become the goal of the masses. There seems to be a lot of information showing many years of renting still in the future.
Successful real estate investors don't just drive through a neighborhood and buy homes for flipping or rental units. Sure, driving a market area is part of the research you need to do.
Consumers these days are bombarded with information through the Internet. They can read reviews of any product they may be considering to buy. There are consumer reporting and review sites with the stated objective of advising consumers about what is a good deal and what is not. There are consumer product safety sites with loads of product safety information.
What includes a sprig of mint, a twist of citrus, and packs a real punch in every room of the house? Here's a hint: It's better suited to a spray bottle than a cocktail glass.
As New York's wealthy flock to the city and millennials trade in their apartments downtown for the Upper East Side, the residential makeup of New York's neighborhoods is experiencing a reversal.
I lived in Vancouver for a decade, visit it at least yearly and expect to retire there. But I've lived in or visited many of the most acclaimed and biggest cities in the world, as well as tons of the smaller ones: Sydney, Melbourne, Toronto, San Francisco, San Diego, Sao Paulo, Rio de Janeiro, Brasilia, Los Angeles, Miami, Singapore, Ottawa, Calgary, Copenhagen, etc.
More people today are buying up and keeping - or at least contemplating keeping - their old homes. In fact, 65% of investors are renting their properties instead of flipping? Does this make sense for you? Here are some things to consider:
When all is said and done, a savvy seller recoups tens of thousands of dollars in prepayments if everything is documented and adjusted. Capital gains tax is generally payable by a seller incident to the sale of a home.
The world's premier architects are clamoring to work in neighborhoods across our community, new buildings are winning international awards and in what may be the strongest evidence yet, the Pritzker Prize (architecture's top honor) will be awarded in Miami Beach this week for the 1st time.
Can you remember what 1989 was like? The inflation rate that year was 4.89 percent. An average new home cost $120,000, the average income was $27,450, and the average rent came to $420/month. This really isn't an article about inflation though. It's about homeownership.
Don't you wish you could lock in a mortgage rate for the next year while you decide when and where you want to buy, or until you get that down payment together?