Feng Shui Tip: Lot Location

If you’ve never thought of the Lot Location of the home you’re purchasing, think again. Paying attention to this will give you insight on the chi entering and leaving the home. It can also affect the resale value and is an important factors to consider when purchasing a home.

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California sees Market Stability with Older Homebuyers

First-time homebuyers in California are getting older, and it’s been good for housing market stability. According to Zillow, 33 percent of first-time buyers in California are over 40, and 16 percent are over 50. Nationally, the average age of the first-time buyer is just 34 years old. Is this significant?

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How is your Credit Rating vs. The Rest of America?

The average credit score of American’s is now 700, this is the highest level since the Great Recession. That means if your score is above 700, you are doing better than 50% of the population. This number has a direct impact on what it will cost you to buy a home.

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Short Term Rentals are Raising Rents and Hurting the Economy

There are a lot of great things about Short Term Rentals (STRs), like Airbnb and HomeAway. Most people love being able to rent a house while traveling. It is especially convenient for families or large groups who would like more space and privacy. While STRs are a beneficial resource for travelers, they are having a negative impact on real estate prices and the economy.

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