Author Archives for LocalHomes4U

1106 Villa Francea, Palm Springs 92262

  1 year ago     975816 Views     Comments Off on 1106 Villa Francea, Palm Springs 92262  

                  1106 Villa Francea, Palm Springs 92262 $1,195,000 3 Bedrooms 3.5 Bathrooms 2,846 Sqft 14,810 Lot 2004 Year 3 Car Garage MLS# 218010388DA TEXT "411-Villa Francea" to 562.234.9057 for a Faster Response :) Fantastic Spanish retreat on a huge view lot in hip and cool Movie Colony East. Built in 2004, this gorgeous home boasts 2846 sq ft of living area and a .34 acre lot. An entertainers dream with 3 bedrooms all with on suite baths, a den or 4th bedroom, and a 1/2 bath for guests. Indoor/outdoor living abounds with…

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The COST of Your Next Home Will Be LESS Than Your Parents’ Home Was

  1 year ago     1067 Views     Comments Off on The COST of Your Next Home Will Be LESS Than Your Parents’ Home Was  

April 19, 2018 There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of a home is the dollar amount you and the seller agree to at the time of purchase. The cost of a home is the monthly expense you pay for your mortgage payment. To accurately compare costs in different time periods, we must…

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How Much Do You Need to Make to Buy a Home in Your State?

  1 year ago     1185 Views     Comments Off on How Much Do You Need to Make to Buy a Home in Your State?  

It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C. States in the Midwest came out on top as most affordable, requiring the smallest salaries in order to buy a median-priced home. States with large metropolitan areas saw a bump in the average salary needed to buy with California, Washington, D.C., and Hawaii edging out all others with the highest salaries…

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Rising Prices Help You Build Your Family’s Wealth

  1 year ago     1494 Views     Comments Off on Rising Prices Help You Build Your Family’s Wealth  

April 17, 2018 Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home this January. If we only look at the projected increase in the price of that home, how much equity will they earn over the next 5 years? Since the experts predict that home prices will increase by 5.0% in 2018, the young homeowners…

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