Mindblown: a blog about philosophy.
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2025 Housing Market Projections
Mortgage Rates to Decrease Slightly Rates may drop as inflation eases and unemployment slightly rises. Home Sales Expected to Increase Both supply and demand are projected to rise, with sales forecasted at 5.4 million homes.
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Estrategias efectivas para ahorrar y comprar una casa
Comprar una casa requiere una planificación cuidadosa y un ahorro disciplinado. Comienza estableciendo un objetivo de ahorro claro, idealmente ahorrando al menos el 20% para el pago inicial y considerando los costos de cierre. Crea y sigue un presupuesto, recortando gastos innecesarios. Considera invertir una parte de tus ahorros para obtener mejores rendimientos y abre…
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Interest Rate Forecast: Next 12 Months
Economists forecast gradual interest rate cuts through 2025 to support economic growth. Current inflation rates will significantly influence future rate adjustments.
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Federal funding paving the way for 193 new affordable housing units in Greenville
Greenville, S.C. is set to benefit from new federal funding for two affordable housing projects. The Low-Income Housing Tax Credits (LIHTC) will support the development of a 93-unit apartment for seniors near Unity Park, allowing them to pay only 30% of their income in rent. Additionally, The Alliance, a mixed-use building on Laurens Road, will…
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What to Consider When Buying a Second Home
Buying a second home today is more challenging due to rising property values and higher interest rates. Decide whether the second home will be for personal use or rented, impacting financial returns significantly.
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Smart Refinancing: Discover Hidden Cost-Saving Tips
Evaluate Cost Savings Determine if refinancing is beneficial by calculating potential monthly savings with a mortgage calculator. Understand Refinancing Fees Recognize various fees involved in refinancing, including origination fees, recording fees, and local taxes
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Should You Buy a House Now or Wait Until 2025?
Homes are selling fast, indicating it’s still competitive.Buy now if you're ready.Buyers are hesitant now, so waiting might be wise if you're cautious.
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SC Home Prices up 2.4% in Q3: Growth Ahead?
Home prices in South Carolina increased to a median of $338,000 in Q3 2024. The median home price rose 2.4% from the previous year and 3.5% year-to-date.
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Should You Buy a House Now, or Wait?
Buying now may be smart if you have strong credit, stable employment, and enough savings. Waiting may be better if your finances aren't ideal or home values in your area are dropping.
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