How to Save More Money in the Country’s 5 Most Expensive Cities

It’s hard to find ways to save more money, and living in one the country’s most expensive cities makes that goal even more difficult. The good news? I’ve got three tips that can help you save more money without having to pack up and flee the neighborhood. Last month, a GoBankingRates study looked at the 60 largest cities in the country in search of the most and least affordable places to live. The study scored each city on seven factors: median household income, unemployment rate, median home list price, median rent price, average gas price, average monthly cost of groceries and sales tax . Surprise, surprise, the most expensive cities were on the coasts

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7 Quick and Easy Ways to Save More Money in 1 Hour

Everyone could use some money help, but it seems like there’s never enough time to get started. But what if you could save more money each month and learn how to budget in just one hour? In honor of Money Smart Week, I’ve compiled 7 quick and easy ways to save more money in just one hour. That’s right: You can tackle all of these budgeting tips in just a few minutes each day. By the end of the week, you’ll be well on your way to a stronger financial future. Here are 7 easy ways to save more money each month and learn how to budget during Money Smart Week. Be sure to check back each day and mark off the steps you’ve accomplished! 1. Monday: (5 minutes) Write down what you spent today. It’s as simple as that

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Should I Buy a New House Before I Sell Mine?

Many homeowners ask if they should buy a new house before they sell their current home. Most people can’t afford to own two homes at once, but there are many variables – such as your financial situation and housing needs – that can affect this answer. Q: I’m wondering if I should buy a new house before I sell mine? Is this ever a good  idea?

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Rising Home Prices Might Be Unsustainable In 2017

Home prices are rising fairly dramatically, but those eye-popping increases could be unsustainable in 2017. According to the S&P/Case-Shiller index , home prices rose 5.8 percent annualized gain in December, a pretty dramatic increase, even as mortgage interest rates rose. Housing experts say that as the cost of buying a home accelerates, you shouldn’t be seeing home prices rise – at least not over a long period. “Rising mortgage rates should not be boosting home prices, yet home values accelerated with a 5.8 percent annual gain in December (according to the S&P/Case-Shiller home price measurement). Price gains had been a tad lower in the prior months,” said National Association of Realtors  (NAR) Chief Economist Lawrence Yun

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A Valentine’s Day Surprise for Home Buyers, Owners and Sellers

It turns out that Valentine’s Day isn’t the only good thing about February. The spring homebuying season has kicked into gear and it turns out that this month is actually the best month to buy a home. Homebuyers looking for a deal should act fast. According to data compiled by ATTOM Data Solutions, February is a great month for home buyers, sellers and owners, which translates into it being a better time for home bargains than the so-called “traditional” homebuying seasons of spring and fall. A combination of fewer buyers competing for homes (and the resulting lower home prices) often mean that some of the best homebuying days of the year occur this month. In these days of low inventory and lots of competition, finding a homebuying edge is even more important. So here’s the full scoop on why February is such a great month to buy a home and what prospective homebuyers should look for. February discounts on homes According to the ATTOM data, the month of February had the fewest homes sold compared to the rest of the year over the past 16 years – just over 3 million homes were sold in that month (over 16 years) compared to more than 4 million in most of the other months of the year. The data shows that those homes that did sell were bought at just over a 6 percent discount

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A Valentine’s Day Surprise for Home Buyers, Owners and Sellers

It turns out that Valentine’s Day isn’t the only good thing about February. The spring homebuying season has kicked into gear and it turns out that this month is actually the best month to buy a home. Homebuyers looking for a deal should act fast. According to data compiled by ATTOM Data Solutions, February is a great month for home buyers, sellers and owners, which translates into it being a better time for home bargains than the so-called “traditional” homebuying seasons of spring and fall. A combination of fewer buyers competing for homes (and the resulting lower home prices) often mean that some of the best homebuying days of the year occur this month. In these days of low inventory and lots of competition, finding a homebuying edge is even more important.

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