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Owning a home can make families healthier, happier, and more financially secure, according to new research by Canada Mortgage and Housing Corp. on the benefits of home ownership.
Eighty-nine percent of the Canadian families surveyed said their lives improved since they moved into their homes.
The survey also found home ownership led to an improvement in children’s school performance. The families reported that the children had increased …
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Housing starts rose 6.8 percent in May, as low inventory levels have builders rushing to catch up with demand.
Most of the surge was due to increased production in multifamily housing. Multifamily home starts rose …
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Blatant acts of housing discrimination faced by minority home seekers continue to decline in the U.S., yet more subtle forms of housing denial stubbornly persist, according to a new summary study released this week by the U.S. Department of Housing and Urban Development and the Urban Institute.
Rental housing providers recommend and show fewer available homes and apartments to minority families, thereby increasing their costs and restricting their housing options. The study concludes this is a national, not a regional, phenomenon.
Key findings of the report include:
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While there are lots of products on the market which claim to rid a household of cigarette smoke, savvy landlords employ some very cost-effective solutions:
Step 1: Clean any carpets and draperies in the unit. Stale smoke loves to linger in fabrics.
Step 2: Purchase a gallon of white vinegar. Mix the vinegar in a 50% solution of tap water, and wipe over the walls in your unit.
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Sooner or later (hopefully later), every landlord is going to have a tenant who pays late. Or worse yet, doesn’t pay at all.
If it happens to you, time is of the essence, and it’s important to have a well-conceived plan already laid out:
1. Prevention — Adopt policies that make it easy to pay rent on time, and difficult to pay late. For example, accepting electronic payments, credit cards, or direct deposit make it easy to pay on time.
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The following are the states with the fastest growing economies, based on GDP growth.
1. North Dakota = GDP growth: 13.4%
2. Texas = GDP growth: 4.8%
3. Oregon = GDP growth: 3.9%
4. Washington = GDP growth: 3.6%
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First-time home buyers make up about 29 percent of the housing market, which is “weaker than the historic norm” of 40 percent, according to Walt Molony, spokesman for the National Association of REALTORS®.
As the housing market’s recovery strengthens, why are the numbers of first-time home buyers numbers still so low? The leading culprits have been identified as …
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The following 10 markets have seen the highest year-over-year list price gains:
1. Sacramento, Calif.: up 42.45%
2. Oakland, Calif.: up 38.27%
3. Detroit, Mich.: up 31.73%
4. San Jose, Calif.: up 30.58%
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The Millennial generation is showing different housing preferences than previous generations, and some analysts say that Baby Boomers may be growing concerned that they will have a tough time selling their suburban, larger homes due to the Millennials’ differing tastes.
The Millennial generation has been called a key to the housing recovery, and housing experts are taking careful note of how the younger group’s housing preferences differ from previous generations.
A new survey by the Urban Land Institute’s Terwilliger Center for Housing shows that about 60 percent of the millennial generation say they prefer a mix of housing choices and prefer to be near …
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