{"id":7184,"date":"2011-10-07T14:11:14","date_gmt":"2011-10-07T19:11:14","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=7184"},"modified":"2024-12-30T11:12:30","modified_gmt":"2024-12-30T16:12:30","slug":"week-in-review-3","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-3\/","title":{"rendered":"Week in Review"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-size: small\">Defying expectations?\u00a0 According to Royal LePage, this is exactly what is happening with <\/span><a href=\"http:\/\/business.financialpost.com\/2011\/10\/05\/whats-the-real-story-of-canadas-housing-market\/\"><span style=\"color: #0000ff;font-size: small\">Canadian housing prices<\/span><\/a><span style=\"font-size: small\">, which increased in the third quarter as compared to a year earlier. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: small\">On this side of the border in the land of the Eagle, the practice of \u201c<\/span><a href=\"http:\/\/www.reuters.com\/article\/2011\/10\/04\/us-usa-economy-housing-idUSTRE78K34920111004\"><span style=\"color: #0000ff;font-size: small\">doubling-up\u201d<\/span><\/a><span style=\"font-size: small\">\u00a0should make way for high demand in the future, according to a senior fellow at Harvard University&#8217;s Joint Center for Housing Studies. \u00a0Courtesy of the economy, the custom of moving in with friends and family while waiting out the shaky economic times has become more common. According to a survey, over the next two years, \u201cone in five homeowners and a third of renters\u201d want to buy a house, and those bunking up will surely be a driving force. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: small\">Keeping on the U.S. news track, what do Baton Rouge, Cincinnati and Colorado Springs have in common? Well, they all have the recipes for location success for 20-somethings. The ranking, <\/span><a href=\"http:\/\/realestate.aol.com\/blog\/2011\/09\/30\/10-great-cities-for-young-people\/\"><span style=\"color: #0000ff;font-size: small\">compiled by Kiplinger<\/span><\/a><span style=\"font-size: small\">, listed cities based on employment opportunities, the social scene and affordability found the perfect <\/span><span style=\"font-size: small\">places for young people. How does your city measure up?<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: small\">Around the world, a universal feeling for new homeowners is the desire to make their new abode feel settled as soon as possible. To help, the <\/span><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052970204422404576594842050775316.html?mod=WSJ_HomeAndGarden_LEFTTopNews\"><span style=\"color: #0000ff;font-size: small\">Wall Street Journal<\/span><\/a>\u00a0<span style=\"font-size: small\">published an article on how to set up a new home in a flash. It\u2019s a great read! <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: small\">Switching gears, it seems as though hitting up the bank of Mom and Dad does not stop at high school graduation anymore. The economic realities have an increasing number of parents <\/span><a href=\"http:\/\/www.usatoday.com\/money\/perfi\/housing\/story\/2011-10-04\/mom-and-pop-mortgages\/50662308\/1\"><span style=\"color: #0000ff;font-size: small\">financing their children\u2019s mortgages.<\/span><\/a><span style=\"font-size: small\">\u00a0Instead of borrowing from a bank, adult children are borrowing from their parents at a lower interest rate. This arrangement, <em>USA Today <\/em>reports, saves the buyer on closing costs and appraisal fees. Note: all parties must be responsible and honest! <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: small\">In closing, one of the factors that drives decisions of where to live is location, of which each buyer has individual preferences. Is it in a good school district? By the beach? In the country? An interesting tool from <\/span><a href=\"http:\/\/www.smartplanet.com\/blog\/cities\/want-a-shorter-commute-a-new-tool-finds-the-perfect-place-to-live\/1000?utm_medium=twitter&amp;utm_source=twitterfeed\"><span style=\"color: #0000ff;font-size: small\">Walk Score<\/span><\/a><span style=\"font-size: small\"> helps users find apartments based on the <\/span><a href=\"http:\/\/www.inman.com\/news\/2011\/09\/28\/walk-score-offers-tools-commuters\"><span style=\"color: #0000ff;font-size: small\">commutability of their workplace<\/span><\/a><span style=\"font-size: small\">.\u00a0\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Defying expectations?\u00a0 According to Royal LePage, this is exactly what is happening with Canadian housing prices, which increased in the third quarter as compared to a year earlier. On this side of the border in the land of the Eagle, the practice of \u201cdoubling-up\u201d\u00a0should make way for high demand in the future, according to a [&hellip;]<\/p>\n","protected":false},"author":181,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[6791,7971,8641,19861,23031,44881],"class_list":["post-7184","post","type-post","status-publish","format-standard","hentry","category-commentary","tag-canadian","tag-cincinnati","tag-colorado-springs","tag-housing","tag-kiplinger","tag-usa-today"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Week in Review - Better Homes and Gardens Real Estate Be Better Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week in Review - Better Homes and Gardens Real Estate Be Better Blog\" \/>\n<meta property=\"og:description\" content=\"Defying expectations?\u00a0 According to Royal LePage, this is exactly what is happening with Canadian housing prices, which increased in the third quarter as compared to a year earlier. 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