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Thursday, April 2, 2015

Solar Panels and Selling Your House

Nat'l Real Estate Post:
Solar panels are great unless you are leasing them and want to sell your house.
http://thenationalrealestatepost.com/solar-panels-are-killing-real-estate-deals/?
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This is quite the tale.  Follow the link to read the whole disasterous story.
Comcast sent technicians to Seth's house and over the span of multiple trips spanning over four months, they couldn't get it set up correctly. According to BGR:
Each time they got there, they quickly discovered that there was no infrastructure on site and promptly left. It literally took four consecutive weeks of failed attempts before Comcast recognized it would have to do more than send out a technician with cable boxes to fulfill its promise......
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Shared by Uros Kralj, taken by Lilia Fernandez.  Dinamarca.

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Home prices are growing much faster than wages for a majority of the country, a new report by RealtyTrac shows. -- Ben Lane in HousingWire http://www.housingwire.com/articles/33351-realtytrac-home-prices-outpacing-wage-growth-in-76-of-us
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Nat'l Real Estate Post:
Now the the CFPB is allowing consumers to make un-vetted complaints, lenders should be bracing for the fake complaints that are sure to come.
http://thenationalrealestatepost.com/lenders-brace-for-fake-complaints/?
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Shared and taken by James Harrison, traditional French architecture.
Ancient building in French countryside
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Nat'l Real Estate Post:
Barry Habib says that Realty Trac's numbers are okay, but the understanding of those numbers is missing something. As long as the mortgage rates stay low, home prices are still affordable. If home prices decrease and interest rates go up, then there is a problem.
http://thenationalrealestatepost.com/barry-habib-sheds-light-on-recent-housing-data/?
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Expected FICO changes to aid risky borrowers

The new score will include a new variety of financial variables, including consumers’ payment history with their cable, cellphone, electric and gas bills, as well as how often they change addresses and other factors.
The newer credit scoring models put less emphasis on the impact of unpaid medical bills, and the effect of missed payments on debts that have subsequently been paid off is eliminated. -- Brena Swanson in HousingWire
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Shared by Mirjana Jensensek, Manchu Pichu

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PERSONAL INCOME AND OUTLAYS: FEBRUARY 2015 Personal income increased $58.6 billion, or 0.4 percent, and disposable personal income (DPI) increased $54.2 billion, or 0.4 percent, in February, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $11.8 billion, or 0.1 percent. In January, personal income increased $61.8 billion, or 0.4 percent, DPI increased $61.5 billion, or 0.5 percent, and PCE decreased $28.5 billion, or 0.2 percent, based on revised estimates. -- US Bureau of Economic Analysis
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Nat'l Real Estate Post:
Home prices are growing 13 times faster than income nation wide.  (at the 3.50 minute mark)
http://thenationalrealestatepost.com/warning-home-values-outpace-wages/?
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Shared by Gia Huy Duong, Ho Chi Minh City

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