Shopping heats up for summer home season

Posted by at 12:42 pm

Just when you thought the housing market couldn’t get any hotter, it’s a buying frenzy as the summer season begins. Most buyers are beset with confidence in the job market, and many also carry the ticking biological desire to start families. Even with all the talk about rising prices, rising interest rates and reduced tax benefits in 2018, demand is not cooling. If anything, it appears the potential homebuyer is just becoming more rugged and resilient! According to a March survey, 40 percent of home shoppers have been looking for seven months or more, while 34 percent have been searching for four to six months. The numbers show that there is only enough inventory on the market to last 3.4 months. In a statement, Lawrence Yun, chief economist for the National Association of Realtors, reported: “supply is woefully low, and...
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Home water wells for more liquidity

Posted by at 3:10 pm

Well, well, well. Drilling a home water well could give you more liquidity – in your pocketbook. Cost to install a well depends on many factors, including where you live, but in most regions, it runs less than $5,000. After initial installation, any water you pump from the ground is free! Many urban homeowners use wells exclusively for outdoor watering, and in areas with shortages – and consequent bans on non-essential watering – a ready supply of well water can do wonders for lawn-lovers and gardening gastronomes. Water wells can also be used for drinking water, but these should be separated from any septic system by at least 100 feet. The well should be located on a level surface or uphill so that contaminants do not accumulate. If you plan to drink the water, you need to have it periodically...
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