24 Sep 2019
By RESCO Realty

How To Create A Home-Buying Partnership

Real Estate, ,
Many want to have a home, yet find it difficult to afford one by themselves. Some people are forming home-buying partnerships to buy a home and live in it together. Here are some considerations for those interested in forming a home-buying partnership. A home-buying partnership is a legal and personal relationship that is similar to having a permanent roommate. It has the feeling of being married to the other person in a legal way, not in a romantic way. Like any business partnership, there are advantages and disadvantages. Advantages Of A Home-Buying Partnership Buying a home is easier when sharing…
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20 Sep 2019
By RESCO Realty

Is It Possible To Have A Hurricane-Proof Home?

Real Estate, ,
The recent total devastation of the Bahamas by hurricane Dorian reinforced the need for hurricane-proof homes in areas that are subject to this risk. Building codes have not kept up with the increasing severity of the weather. Wind Damage As an example, Florida communities, such as the Miami-Dade County area, have building codes that are designated by risk zones. The risk zones in Miami-Dade County are: Risk Category I - Buildings must be able to withstand 165 mph winds. Risk Category II - Buildings must be able to withstand 175 mph winds. Risk Category III - Buildings must be able…
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10 Sep 2019
By RESCO Realty

Boom Or Bubble? – Home Prices Hit Record Highs Across America

Real Estate, ,
The rapidly rising home prices currently found in many parts of the United States make it seem like the Great Recession of 2008 never happened. It took approximately eight years for home prices to recover the values that were equivalent to those they had before the recession. After reaching this point of recovery, since around 2016, real estate prices have been going up very quickly in many cities. The Best Recovered Housing Markets Here are the fully-recovered housing markets analyzed by ATTOM data service for the second quarter of 2019 that have exceeded the peak valuations from before the recession.…
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