What Are The Housing Market Projections For 3rd Qtr 2018 — And Beyond?

The National Association of Realtors (NAR), in its ongoing analysis of home sales statistics, believes that prices will continue to rise during the third quarter, but that uncertainty over elections could be a factor during the second half of the year. However, NAR's report noted that in July, a typically lackluster month, home prices rose by about nine percent, and days on market decreased significantly, perhaps signaling a strong start for the third quarter. National statistics don't necessarily tell the whole story, however. In addition, what will happen in the fourth quarter is, at this point, a bit more difficult…
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It’s Pumpkin Spice Season: Plan A Neighborhood Potluck

Fall is the time to get back into a comfortable routine, but it's also a great time to incorporate social events into weekend work parties, and gather friends to offer neighbors a helping hand -- or just moral support -- to spruce up their property. While building a new sense of community may be a side effect, it can't be denied that giving homes in need of minor repairs a little TLC is good for the dollar value of the neighborhood as well as for the soul. REALTORS agree that the overall appeal of a neighborhood adds value to individual…
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5 Things To Do This Fall To Get Ready For Winter

Simple home and yard tips don't have to take a lot of time, but can save a lot of headaches if that first winter storm catches you unaware. Here's a checklist to help you prepare: Assess Your Windows And Doors Take a walk around your interior, preferably on a windy day. Check for drafts and air leaks; replace weatherstripping, align door thresholds. and repair window frames and sills if they're damaged. If you have storm windows, make sure they're ready to install. Replace the screens in a storm door with glass panels. Also check your garage door to make sure…
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Common Misconceptions About House Flipping

Reality TV shows have energized everyday people to dive into the real estate market and make money flipping houses. The dramatic presentation and profitable end results make the industry seem like a sure thing. But house-flipping, like any industry, has its share of challenges. Television often props up ratings by showing industry pros overcoming adversity and getting a big win. But reality, unlike Reality TV, is filled by behind-the-scenes unknown obstacles. While house-flipping has emerged as a viable niche profession, these are some of the common misconceptions entrepreneurs may want to consider before wading into the business. Perfect Properties Are…
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Pros And Cons: Older Homes Versus New Construction

Opinions differ about whether home buyers are best served by purchasing an older home or new construction. New homes enjoy that "new home" smell and the idea that you are the very first occupant can be very appealing. On the other hand, older homes resonate with nostalgia and many architectural design elements are no longer commonly used. While some people feel strongly one way or the other, it's a lot like comparing apples and oranges. The right home for any home buyer is the one that fits your lifestyle. Consider these pros and cons of new and older homes when making…
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