Do You Need a Permit for That Home Renovation?
Whether you take on a home improvement project solo or hire a professional, it’s important to make sure all the bases are covered before you even get started. If you forget to obtain the right permits, you risk breaking municipal building code. Yes, permits can cost from about $200 to somewhere in the low thousands, depending on the project. But …
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Don’t Forget These Home Inspections Before Buying
While a general home inspection should always be performed prior to purchasing any home, it may not cover some of the finer details. Here are types of home inspections you’ll want to make sure you have done before making your final decision: Asbestos Although there are home asbestos-testing kits, it’s best if you have a licensed inspector collect fiber samples …
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Getting the Best Mortgage Possible
When looking to purchase a new home, of course you’ll want to ensure you’re getting a great property for a great price. Why not apply those standards to shopping for a mortgage? There are countless lenders out there, and that means you shouldn’t settle for a mediocre loan. Here are a few tips on how to find the best possible …
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Buying a Home in the Winter?
While the real estate market starts to heat up around the spring season, it’s not the only time to find a new home. Here are some surprising reasons why you may want to reconsider putting your search on hold until the warmer months. You might get a better deal The average rate of price increases for homes in the US …
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Highlights from This Month’s HOME Survey
Yesterday, the National Association of Realtors released their quarterly household survey tracking current real estate trends. The Housing Opportunities and Market Experience (HOME) survey can be viewed in full here; below are some of the most interesting highlights about homeowner attitude, expectations for the real estate market, and more. Half of surveyed American households believe the economy is currently …
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How the Federal Reserve’s Rate Hikes Will Affect Real Estate
In a move that has been anticipated by Wall Street for months, the Federal Reserve Open Market Committee finally announced that the Federal Funds interest rate will be raised 0.25%. The rate had been at 0% since 2008, a decision that was made in the midst of the recession in order to stabilize the economy. Some anticipate the Fed has …
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The Latest in Encinitas
Encinitas decorates tallest living tree in the county Encinitas residents, local businesses, and service clubs once again sponsored Encinitas’ annual tree-lighting ceremony on December 4th. The Norfolk Island Pine is located on 4th and C Street and has been the tallest living holiday tree in the county for over two decades. This beloved community landmark can now be seen throughout …
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Financing a Home The Right Way
Determine a Price Range Decide what kind of mortgage you can afford, and stay as realistic as possible. Yes, owning a home is an investment—but it’s only a smart investment if you spend what you can afford now. Manage Debt Mortgage lenders typically look for those with debt less than 35 percent of their annual income. In order to qualify …
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Local Real Estate Market Trends of November 2015
Below are the latest market updates from the North San Diego County Association of Realtors for Encinitas and the surrounding area. For more details, click here. Encinitas 83 detached single-family homes for sale Average 2014 sales price: $1,462,837 Average 2015 sales price: $1,266,778 12 attached single-family homes for sale Average 2014 sales price: $784,154 Average 2015 sales price: $587, 721 …
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Real Estate Activity Highlights from the NSDCAR’s Monthly Report
The North San Diego County Association of Realtors have recently published their Market Activity Monthly Indicators research. Here are the most notable pieces of information, and here is where you can view the full report for more details. A Positive Outlook Residential real estate is experiencing its best year since the recession. Housing demand is healthy, and that is expected …
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