Friday, December 13, 2019 / by Vanessa Saunders
Once upon a time, you could count the number and types of crypto-currency on one hand. That is no longer possible. The market for crypto - Bitcoins, Altcoins and tokens has grown in leaps and bounds. Besides Bitcoin, the "brand name" in crypto currency, there is LiteCoin, PotCoin (I think I know where they're going with that one), TitCoin (I have no idea where they're going with that one but their logo gives me a hint), NXT, MEM, ConYeCoin (as in a certain rap star) and DogeCoin, pronounced "Doggie-Coin."
The newest "coin" on the market and available online is called HoweyCoin. According to the HoweyCoin website, most travel businesses “require processing, centralized currency, and most importantly, nickel and dime fees that add up to literally billions.”
HoweyCoin is different, the site says, because:
“HoweyCoins utilize the latest crypto-technology to allow travelers to purchase all segments without these limitations, allowing HoweyCoin users to buy, sell ...
Thursday, December 12, 2019 / by Vanessa Saunders
Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer.
Each month, ShowingTime releases their Showing Index, which tracks the average number of appointments received on active U.S. house listings. The latest index revealed:
“Traffic was more active once again compared to 2018, as the nation saw its third straight month of higher year-over-year showing activity…The 5.5% increase in showings nationwide was the largest jump in activity during the now three-month streak of year-over-year increases vs. 2018.”
The same report indicates showings increased in every region of the country:
The South increased by 10.8%
The West increased by 8.6%
The Northeast increased by 3.8%
The Midwest increased by 1.5%
Why is the traffic more active?
One of the main reasons buyer traffic has increased year-over-year is ...
Wednesday, December 11, 2019 / by Vanessa Saunders
According to the latest Home Price Insights from CoreLogic, home prices have appreciated 3.5% year-over-year. At the same time, the National Association of Realtors (NAR) reports inventory has dropped 4.3%
These two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.
This is great news if you own a home and are thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for a Hudson Valley home, and your home may be high on their wish list.
Global Property Systems says:
If you think you’ve outgrown your home, contact a Global Property Systems local area specialist to discuss your local market conditions and determine if now is the best time for you to sell.
Tuesday, December 10, 2019 / by Vanessa Saunders
Do you have dreams of moving abroad? Maybe you plan to retire somewhere tropical where island breezes and warm sand are a part of every day living? Or perhaps finding a little bit of paradise overlooking Tuscan vineyards or Spanish olive groves for you to visit a few months out of the year? If you've ever thought of buying a little place of your own in another country, first you need to do some homework. Below are five things to consider when you plan your great escape.
1. How's the economy?
Moving overseas can be a good idea in an area with a low cost of living. But first, you should look into what it costs to live in paradise. Analysis by experts is available from the World Population Review's website . Plan ahead and budget accordingly.
2. Foreign Property Ownership Laws
Not every country allows just anybody to own real property like the United States. According to financial consulting firm SmartAsset, "Even if the country you’re interested in allows foreigners ...
Monday, December 9, 2019 / by Vanessa Saunders
Debt-to-income (DTI) ratios are one tool used by lenders to determine the credit worthiness of mortgage borrowers. It isn't the same as a credit utilization number, which represents the amount of debt borrowers have relative to their credit card and line of credit limits. Lenders will also use a debt to income ratio to determine how much home buyers can afford to borrow, and how much they can reasonably afford in monthly payments.
Figuring your DTI is a simple bit of arithmetic after working out your total monthly debt and total monthly income. It is simply monthly debt divided by monthly income equals DTI, which for most buyers will be a number less than one.
Total Your Monthly Debt
The first step in calculating your debt-to-income ratio is determining how much you spend each month on debt.
To start, add up the total amount of your monthly debt payments, including:
Current mortgage or rent
Minimum credit card payments
Alimony/child support p ...