Author: AdminPOM

The Pros and Cons of Both New and Existing Homes

Some people like things with a history while some prefer not to have hand-me-downs. When it comes to housing, existing homes have stories to tell, and a newly-built home has a never-been-touched appeal. For every pro related to buying an existing home or a new home, there is a con. For instance, a newly built home tends to be more expensive than a similar pre-owned one – sometimes new homes cost as much as 20% more. The upside is that they initially cost less regarding utilities and maintenance and you and your family are the first occupants! As you...

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What will the housing market look like in Orange County for 2017?

Economic indicators show that in 2017 Orange County housing market will see an increase in home prices, increased sales, rent hikes, and booming home construction for the fifth year in a row. However, President Donald Trump is one, huge player that indicators don’t take into account. While trends are positive, the implementation of the new administration leaves forecasters unknowing about what policies will be pursued. Trump intends to implement tax cuts and increased infrastructure spending, both of which typically stimulate economic growth, according to Christopher Thornberg, former UCLA professor and founding partner of Beacon Economics. This would be good...

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Five Amazing Master Planned Communities

Citron at Wallis Ranch Dublin, CA Named the master planned community of 2017 by the National Association of Home Builders, the 184-acre Wallis Ranch is located forty miles from the San Francisco Bay area. Built with both growing families and active adults in mind, it is comprised of eight distinct neighborhoods featuring single-family detached homes, townhomes, and executive homes ranging from 1,700 to 4,100 square feet. More than half of the development’s acreage is dedicated to parks, sports fields, trails, and other open green space with an assortment of amenities such as children’s play equipment, picnic areas, and bocce...

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Is Now the Right Time to Buy in Texas?

Experts say that if you’re looking for a new home in Texas, it’s the time to buy. I know, they’re always saying buy, buy, buy. However, mortgage rates are low still, but moving up and home pricing is still a good deal when compared to the rest of the nation. Bring in the booming economy of Texas, and it’s almost a no-brainer. Regardless, surround yourself with good professionals and make sure you get the best deal you can. It never hurts to ask for a discount, the word NO, doesn’t hurt.

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Is Now A Good Time to Buy?

2016 was a fairly good year for the housing industry. Despite builders not producing enough homes, national prices crossed the previous 2006 peak, mortgage rates remained historically low, and the Millennial generation finally began to enter the market. The effects the recent election will have on the market are yet to be determined, but that doesn’t stop folks from attempting to predict what might happen. Below are five things housing experts predict seeing in 2017, according to Forbes Magazine. Price increases will slow down Prices rose every month for the first 10 months of 2016 with the largest gains...

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