18 Apr 2018
By RESCO Realty

Solar Roof Panels: A Mainstream Option For Homeowners?

Homeowner Tips, ,
Do rooftop solar panels add value to a home, and are they cost-effective in terms of energy savings? The short answer is yes, say the experts. Although more than a million U.S. homes boasted solar panels in 2016, the percentage of solar-equipped households is still miniscule.  That may change, however, as domestic prices for solar installations continue to decrease and property values rise. The Pros And Cons Of Solar While there is global agreement on the need to encourage cost-effective, non-polluting renewable energy sources, it is also acknowledged that solar effectiveness is not equal in all locations or situations.  Several Southwestern states…
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17 Apr 2018
By RESCO Realty

Best Tax Deductible Home Improvements for Homeowners

Real Estate, ,
Before delving into tax-deductible home improvements, it's important to understand that these tax deductions won't be applied immediately. In most cases, homeowners can only benefit, tax-wise, from their home renovations later, when they sell their home. It's important for homeowners to keep receipts for their improvements, though so they have proof of the improvements they made, even if it's years later when they sell their residence. Typical Renovations/ Home Improvements That Can Yield Eventual Tax Benefits A home improvement is any project that substantially adds value to a home. It can include adapting it to be more useful or be…
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16 Apr 2018
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – April 16th, 2018

Financial Reports, ,
Last week's economic reports included readings on inflation, the minutes of the most recent meeting of the Fed's Federal Open Market Committee and weekly reports on mortgage rates and first-time jobless claims. The University of Michigan released its Consumer Sentiment Index for April. Inflation Grows, Fed Indicates Future Rate Hikes Likely The minutes of the Federal Open Market Committee Meeting held March 20 and 21 indicate Fed policymakers are likely to increase the target federal funds rate at their June meeting. Economic indicators including strong labor markets and low unemployment rate were cited as contributing to expectations for federal rate hikes…
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