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Real Estate

How long can your home survive?

house real estateHow long can your home remain livable?  According to a study by the National Association of Home Builders / Bank of America Home Equity Study of Life Expectancy of Home Components (February 2007), “The life expectancies of the components of a home depend on the quality of installation, the level of maintenance, weather and climate conditions, and the intensity of use..."

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Breakout may be tough act to follow

house real estateWhat seemed like the breakout year in real estate may turn into a hard act to follow.  Although the National Association of Realtors® May 22nd news release made headline news by skillfully pointing out that April existing home sales increased 1.3% from March; April’s sales data were 6.8 percent lower than last April.  Much like the assertion to “Keep Calm and Carry On,” the spin on data may be an attempt to motivate home buyers and sellers.

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Buyers picky about home value

house real estateWhy would a major real estate industry player predict a slowdown in home sales?  The L.A. Times reported on May 5th (Real estate giant predicts slow home sales for months to come) that Realogy Holdings Corp, the parent company of Coldwell Banker, Century 21 and Sotheby’s, claims that a slowdown in mid and low bracket homes could hurt the brokerage business and could prove to be a difficult 2014.

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Everybody's brother watches you

house real estateSurveillance technology is everywhere these days; some are obvious and others covert.  A growing awareness of government and law enforcement surveillance has become a major aspect of the growing debate of “reasonable expectation of privacy.”  However, in a time when many are pushing back against surveillance, home sellers are increasingly turning to video cameras to protect their homes, valuables, and trust.  And as the technology becomes cheaper and easier to use, the trend could become the norm.

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Lordy I got me some squatters

house real estateAlthough some squatters move into vacant homes to live rent free, others do so to take advantage of adverse possession laws. The squatter movement has grown, not just in the U.S. but significantly in Europe as a means of social change. Activists advocate squatting as a response to Europe’s high unemployment, austerity, decreased public housing and declining living standards. Currently touted as “alternative housing,” squatting in the U.S. increased during the time when foreclosures and vacant homes skyrocketed after the financial crisis.

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