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Tariffs, particularly on building materials like lumber, steel, and appliances, are expected to increase construction costs and potentially lead to higher home prices, impacting both new home construction and renovations. Redfin reported that instability caused by the new tariffs will almost certainly cause volatility in mortgage rates and make the path of rate cuts from the Federal Reserve (previously forecasted as two or three 25-basis point reductions) more uncertain. Short-term economic damage is also expected to push up unemployment and inflation. Chen Zhao, who leads the Redfin economic team, said that the odds of a recession in the next 12 months…

Homeownership comes with several tax benefits that can help reduce your federal income tax bill. Some of the key 2024 homeowner tax advantages( deductions and credits) available to homeowners include: Mortgage Interest Deduction – You can deduct interest paid on your mortgage for your primary residence (and sometimes a second home) up to a limit ($750,000 for loans taken after Dec. 15, 2017; $1 million for older loans). Roby Online Casino has emerged as a popular destination for gamers seeking a thrilling online gambling experience. With a sleek…

Most people relocate to South Florida for a few reasons. Retirement, job opportunity, second home, tax savings, lifestyle, and to be closer to family to name just a few. Relocating to a new state or region can feel overwhelming, especially when it comes to settling into an unfamiliar community. Whether you’ve moved locally before or this is your first big relocation, there’s more to it than just packing boxes and changing addresses.   Finding the right city or neighborhood will make all the difference in your satisfaction with your decisions. Here are a few  key tips to help make the relocation transition smoother,…

With the recent “disasters” nationwide, it has become clear to me that very few homeowners understand that they need to ensure that their policies cover replacement cost for their homes.  To ensure that you can rebuild your house at the current market costs and codes, you MUST have replacement cost valuations and insurance coverages. Whether you are dealing with missing tiles on the roof or a collapsed ceiling, knowing how replacement cost works can mean the difference between making do with quick fixes or restoring…

People relocate to South Florida for a few reasons; retirement, job opportunity, second home, tax savings, lifestyle, and to be closer to family to name just a few. Relocating to a new state or region can feel overwhelming, especially when it comes to settling into an unfamiliar community. Whether you’ve moved locally before or this is your first big relocation, there’s more to it than just packing boxes and changing addresses.   Finding the right city or neighborhood will make all the difference in your satisfaction with your decisions. Here are a few  key tips to help…