Fed leaves rates alone with no hint of future hikes Nariman Behravesh, chief economist at IHS Markit, predicts that the economy will grow a modest 2 percent to 2.5 percent this year, before accelerating next year to 2.6 percent to 2.7 percent on the assumption that Trump’s policy proposals will have begun to take full... Read more »
Real and imaginary barriers holding back buyers “Nearly all non-homeowners said they want to own a home in the future (87 percent), but it’s evident that higher rents and home prices – up 41 percent in the past five years – along with limited entry-level supply and repaying student debthave combined to make buying a... Read more »
How do you find a good tax preparer? Tax preparers do a big chunk of America’s tax returns – more than 80 million a year, according to the IRS – but if you’re nervous about handing confidential information to someone in a largely unregulated field, you’re not alone. Here are some tips to help you... Read more »
Protect your smartphone from virtual burglars As they say on Twitter, ICYMI – “in case you missed it” – mobile malware (malicious software) is on the rise. “Since 2012, the number of threat detections in the mobile world continues to grow, and we anticipate this trend will continue next year,” ESET, a global leader in... Read more »
Millennials more willing to buy those fixer-uppers Millennial first-time homeowners are showing more willingness than previous generations to complete do-it-yourself projects around the house or wait until they can afford to make the improvements they desire, a new survey by Better Homes & Gardens magazine finds. “They are strong believers in being able to afford... Read more »
How to Be Fun and Creative on Valentine’s If the idea of buying a box of chocolates and one-dozen roses sounds so cliché to you, here are 10 Valentine’s Day dating ideas to enjoy with your date, that won’t break the bank. Plus, Valentine’s is on a three-day weekend, so you can enjoy these activities,... Read more »
How to improve your credit score A credit score reflects credit payment patterns over time, with more emphasis on recent information. Pay your bills on time. Delinquent payments and collections can have a major negative impact on a credit score. Keep balances low on credit cards and other “revolving credit.” High outstanding debt can affect... Read more »
Sell or rent out your original house? “Ask yourself if you will be able to tolerate the stress that comes with being responsible for the home you’re living in, as well as a rental, particularly if it is long-distance.” And before you become a landlord, you need to conduct your due diligence: A decent amount... Read more »
Most buyers/sellers check online referrals According to the study, 45 percent of people used from two to four sources of information before deciding to do business with a company, and 19 percent used more than five sources, including social media, ratings sites, online profiles and friend or family recommendations. Almost half of consumers – 48... Read more »
Pending home sales bounce back in December “As a result, young households are missing out on the wealth gains most homeowners have accrued from the 41 percent cumulative rise in existing home prices since 2011.” NAR predicts that existing-home sales will to be around 5.54 million this year, an increase of 1.7 percent from 2016,... Read more »