Home renovation is a very important service in the United States. Although it tends to be in higher demand during strong economic cycles, it is in need throughout the year. Homeowners spent about $144 billion a year on these services in 2014. According to statements from people working in the profession, this figure has continued […]
Four Things Every New Homeowner Should Know About the Winter
Whether you have recently inherited a home or have just purchased one to start a new family, there are some problems that will arise during the upcoming winter that you might not expect. For new homeowners, their first winter can feel chaotic: the electricity bill may skyrocket, the air conditioner may cease to work, […]
Homeowners Hoard Oil Via Classifieds
The sellers on these sites are consumers who have switched to alternative fuel sources to heat their homes, leaving them with surpluses of unused heating oil. Escalating oil prices and fears of future price hikes and oil shortages have created a significant secondary market for these surpluses in the form of homeowners with oil heat […]
Three Ways For Retirees to Fund Their Golden Years
These days, people are living longer, healthier lives. That’s great news for the millions of people who have worked their whole lives and are looking forward to having plenty of time to enjoy their retirement. At the same time, however, economic pressures and rising costs are translating into millions of people that have been unable […]
Millennials Embrace New Mobile Tools to Buy their First Homes
Home ownership rates among millennials are rising at the fastest rate since the end of the recession. According to a recent report, 30% of millennials purchased a home within the past year. Although homeownership rates are still eight percentage points lower among this generation than baby boomers, young adults are rapidly catching up. However, millennials […]
Are Subprime Auto Loans Forming a New Consumer Lending Bubble?
The 2008 financial crisis was the single worst economic crisis in recent memory. There were a variety of interrelated factors that led to its development, but most people identify the first domino as deregulation in the financial industry that led to higher availability of subprime mortgages. Put simply, banks were issuing mortgages at ridiculously low […]
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