New Home Prices Going Down Making Them More Affordable

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Residential real estate developers in America are responding to a national slowdown in new home construction by building smaller homes that are more modestly priced. The demand for smaller, less expensive homes is growing, while the overall demand for new custom homes is declining. Prices decreased slightly, by about one-half percent, from the price levels in 2018 for newly-constructed homes. Lower Profits For Builders The median price for a newly-constructed home in America is $372,900. The median sales price of an existing home is $309,700. American construction companies are feeling the pressure to build lower-priced homes along with the increased…
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4 Simple Tips For Staying Organized With Kids

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It can be challenging to be organized when you have children. But this is only because, as a devoted parent, you want to be sure your child has everything they need to become happy, well-rounded adults some day. This usually means you'll be bringing your kids to extracurricular activities, play dates, fun events and family outings. It also typically means that over the years there will be a steady stream of school supplies, toys, new clothes and maybe even a musical instrument or two. So how can busy parents stay organized with kids?  Share A Calendar Depending on how you…
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How Long Should I Spend Looking For a New Home?

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Whether you've been looking for a home for a long time now, or you're just about to get started on the hunt, you're probably wondering how long should you spend looking for a new home. Does it take weeks to find your forever home, or months or even a year? What's typical? There Is No Typical The reality is, there is no typical amount of time it takes to find your home. There are too many variables, including how actively you're looking. Maybe you've heard horror stories of people who've been hunting for a house for a year. But come…
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Smooth Move: Do These Six Things When Transitioning Towns

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It can be physically and emotionally challenging when moving from one town to another. There are lots of things going on at once; the actual packing and moving your belongings, saying goodbye to friends, changing jobs and just getting used to a new way of living. It can be stressful, but it doesn't have to be. Try these six tips for a smooth transition. 1. Let Go Try to look forward instead of back. You will certainly want to remember all the wonderful moments you've had in your "old" town, but give yourself permission to be excited about your new…
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Using Smart Home Technology To Help Sell It

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Smart home technology is useful for many reasons. It improves security, helps improve energy-efficiency, and makes it more convenient for the home's occupants. There is also a new trend in the use of smart home technology as a sales tool to help sell a home or a condominium. A real-estate agency in Atlanta, Georgia is using Alexa® devices, along with nicely-framed display cards, to help prospective buyers learn more about a condominium that is for sale in the Districts Lofts building. There are now more than 53 million personal assistant devices, such as the Alexa® device from Amazon and the…
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6 Smart Ways Hardware Can Upgrade Your New Home

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Decorating and putting the finishing touches on your new home is definitely one of the most fun parts of moving. It's satisfying to fill your new home with furnishings and décor choices that reflect your personality and lifestyle. One of the most overlooked aspects of decorating is the hardware. However, hardware changes can dramatically transform your home in unexpected ways. Here are some ideas to use. Install A New Door Knocker If your new home has a door knocker, replace it with a new one. If it doesn't already have one, it's easy to install a door knocker using a…
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Four Key Injury Prevention Tips On Moving Day

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It's more likely that someone will incur an injury on moving day than on an ordinary day. The reason is that people are moving in ways that they don't normally move, loads can be heavy, and accidents do happen. However, most injuries on moving day can be prevented by taking a few simple precautions. Use A Dolly Instead of trying to move more than one box by hand, use a dolly or a hand truck. This inexpensive tool can safely move multiple boxes without you having to lift anything at all. Keep in mind that all the boxes should be…
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Young Home Buyers Are A Growing Trend

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A new group of young American adults is emerging as home buyers. These are the young adults who were born after 1995 and are part of the demographic group named Generation Z (Gen Z). In 2019, there are 31.5 million Gen Z members who are adult age. This will increase to 44.5 million adults in this demographic group by 2032 as all the younger members become adults. Right now, there are around 14 million adults in the Gen Z category who are using credit for the first time. Not Too Young To Buy A Home Transunion reports that most Gen…
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Are Tiny Homes Here To Stay?

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The average size of an American home has been increasing since the 1970s. The American Enterprise Institute (AEI) reports that, in 1973, the median size for a new home in the United States was 1,660 square feet. Over the past 45 years or so, this increased by more than 1,000 square feet. The median size of a new home is now 2,687 square feet. The Problem With Big Houses At first, a big house is appealing until one tries to clean it or pay the utility bills. Many baby boomers, who are now nearing retirement age, are downsizing, especially if…
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Join Or Create A Real Estate Investors’ Pool For Fun And Profit

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Many baby boomers are reaching retirement age. If they set up their financial planning well, while younger, they should have accumulated enough wealth to have some discretionary money available for making investments. Others, who may be just starting out, have some investment capital but not necessarily enough to buy a piece of commercial real estate on their own. These investors might enjoy a real estate investment pool, also called an investors' club. Pooling Resources One way to get some investment participation in real estate is to pool investment funds needed to have enough for the down payment on a piece…
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