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02 May 2018

What To Know When Looking At Active Adult Communities

Home Buyer TipsActive Adult, Home Buyer, Location

For many Americans, retirement age is fast approaching or already here: Baby Boomers account for nearly 75 million individuals in the United States. Retirement can present a lot of opportunities, especially when it comes to relaxation, activities, and the enjoyment of life with those of a similar age. More and more Americans are looking to 55+ communities to fulfill those wants and needs. Active Adult Communities 55+ communities, also known as an active adult or age-restricted communities, are becoming increasingly popular throughout the U.S. because of what they offer and can provide. Traditionally thought to be only in warmer climates,…

How To Turn A Profit Flipping Land Into Residential Property

Real EstateHouse Flipping, Land Improvement, Real Estate

Reality TV shows have inspired people to flip houses for profit. They make it look fun, easy and the type of business anyone with some capital can get into. Every once in a while, house-flipping episodes show an underperforming sale and a financial loss. That is why people in the flipping business need a cushion in case things don’t pan out. This brings us to a slightly different approach. Some speculators start out flipping land. Yes, that’s right. Land. Flipping Land Can Be Less Risky Than Homes Rough land can be far less expensive to invest in than blighted homes.…

What’s Ahead For Mortgage Rates This Week – April 30th, 2018

Financial ReportsFed, Interest Rates, Mortgage Rates

Last week’s economic reports included readings from Case-Shiller Home Price Indices, new and existing home sales and weekly readings on mortgage rates and first-time jobless claims. Case-Shiller: Home Prices Rise to Near Four-Year High February home prices rose 6.30 percent year-over-year and 0.50 percent month-to-month. Home prices rose just shy of a record set in 2014. The 20-City Home Price Index reported home prices were 6.80 percent higher year-over-year and rose 0.80 percent month-to-month in February. The year-over-year reading surpassed the peak reading in 2006. Home prices accelerated in contrast to analyst expectations that they nay slow as buyers deal…