Posted in home improvement loans

Home closings increase in 2020 along coastal SC counties despite COVID pandemic | Myrtle Beach Business

Myrtle Beach Realtor Travis Muir put a condo up for sale in September at Blue Water Resort on Ocean Boulevard and within an hour, it was sold.

Not an every day occurrence, the realtor for The Hoffman Group admits. But, after all, it’s 2020 and anything can happen.

“The biggest thing is pricing it within realistic market price,” Muir said, adding 2020 has been his best year for sales, pushing nearly triple what he normally does.

“With this one being an investment property, the price point for the rate of return… I think one of the biggest things, too, is the interest rates are lower than they have been in a very long time. That gives people more incentive to go ahead and make that jump. They were thinking of buying in a two- or three-year window, but now with the interest rates so low, people are moving faster.”

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Posted in home repair

Your next home insurance rate increase is going to be a whopper

South Florida homeowners are about to get hit with insurance rate increases unlike any other we’ve ever experienced.

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We’re talking as much as 30% to 40% over what you are paying now and price hikes of $1,000 or more for your next year of coverage.

Insurers have been warning for years that these increases would hit us hard. And now they’re here, thanks to years of rising claims abuses, court-clogging litigation, spiraling costs from hurricanes Irma and Michael, and one of the most active seasons in memory for severe and destructive weather.

When Weston resident Ruth Bettini opened her insurance renewal notice in September, “I almost died of shock,” she said. The annual premium to insure her $550,000 house with Orlando-based St. Johns Insurance Co. had increased by 28% — from $4,647 last year to $5,946 for the term beginning Oct. 1. That’s $108.25 more per month.

She

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Posted in home

Does working from home increase or reduce your risk of imposter syndrome?

Frustrated Black businesswoman using laptop
A recent survey found 90% of women in the UK suffer from imposter syndrome. Photo: Getty

Thanks to the pandemic, working from home is now the norm. Instead of heading to work on cramped trains and crawling along in traffic, we’re commuting from our bedrooms to our kitchens.

For some people, working from home is a welcome change. For others, though, the transition to remote working has been a challenge. Our routines have been upended, it’s hard to switch off and the days seem to blur into one, long Zoom call.

It’s normal for this kind of sudden transformation to impact the way we feel about work. In particular, it may lead to feelings of inadequacy — otherwise known as imposter syndrome — as we grapple with this new way of life.

Imposter syndrome, the fear of being outed as a fraud at any minute despite overwhelming evidence saying otherwise,

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Posted in home improvement loans

Bank of England seeks to increase competition in home loans

LONDON (Reuters) – The Bank of England (BoE) set out proposals on Wednesday to end unfair advantages some banks have in calculating how much capital to hold for mortgages in a bid to increase competition.

Some bigger banks can use their own internal models for determining the risk weightings and therefore capital levels for home loans they have granted.

Typically this has resulted in lower capital levels than under the so-called standardised approach to risk weightings set out by regulators that many smaller lenders have to use.

The BoE’s banks supervision arm, the Prudential Regulation Authority (PRA), said it wanted to reduce risks that stem from “inappropriately” low risk weightings that can be thrown up by in-house models.

“For those firms whose risk weights may increase as a result of these proposals, and where capital requirements are not already determined by other capital measures (e.g. leverage), there would be costs

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Posted in home

After a 5-year battle, bill to increase N.J. nursing home staffing passes. It’s now up to Murphy.

It took five years and a worldwide pandemic to make it happen, but state lawmakers Thursday approved a bill that would require a minimum number of frontline nursing home workers on every shift.



a man holding a sign: Tonya Monture looks on at her husband Robert Montuore after he spoke about her father, Howard Conyack Sr. that died at the facility. Rally by veterans groups and union workers at the state run Menlo Park nursing home for veterans, where at least 65 residents and one staff member died of cover, in Edison, N.J. September, 16, 2020 r


© Ed Murray | NJ Advance Media for /Ed Murray | NJ Advance Media for/nj.com/TNS
Tonya Monture looks on at her husband Robert Montuore after he spoke about her father, Howard Conyack Sr. that died at the facility. Rally by veterans groups and union workers at the state run Menlo Park nursing home for veterans, where at least 65 residents and one staff member died of cover, in Edison, N.J. September, 16, 2020 r

Certified nursing aides — who feed, bathe and comfort nursing home residents and get paid an average of about $36,000 a year — have long complained they have more responsibilities than they can handle, especially on nights and weekends. The coronavirus outbreak sickened

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Continue Reading After a 5-year battle, bill to increase N.J. nursing home staffing passes. It’s now up to Murphy.
Posted in home

While Working From Home, People With This Personality Trait Have Experienced The Greatest Increase In Work-Life Balance

There’s been a recent spate of commentary on how working from home has eroded employees’ mental health, engagement, work-life balance, and more. And while there is some truth to those accounts, and some people have suffered emotionally, the reality is more complicated.

The fact is that there are a great many employees who have not only survived, but thrived, while working from home. And certain personality traits accurately predict whether someone is going to love or hate the experience of working from home.

In a new report called The Truth About Working From Home In 24 Shocking Charts, Leadership IQ surveyed 3,706 employees currently working from home to measure their experiences. Respondents answered more than two dozen questions about working from home, as well as questions about their psychological makeup.

One of the findings discovered that 39% of remote employees say that their work-life balance is much better working

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Posted in home remodeling

Increase of Home Improvement Projects have been seen during Pandemic

COLLEGE STATION, TX — The global pandemic we are currently living through has placed many things on hold, but home improvements have been going through the roof.

Many people have been tackling home improvement projects while they’ve been isolating. Before conducting any construction at your home, it is encouraged to see if your updates require a permit from the city.

Local Ace Hardware Owner Randy Scott says he has seen an increase of homeowners looking to improve their home, that’s usually when Brian Binford with the City of College Station comes into the picture. Binford’s job includes performing building inspections and issuing different types of permits.

A few examples of home improvements that you will need a permit for are, water heater replacements, enclosing a garage, home additions and replacing windows.

Randy Scott says there are also other types of upgrades where permits are required, such as electrical and mechanical

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Posted in home improvement storest

Increase in home improvement projects nationwide during pandemic

NATIONAL (CBS NEWSPATH) – The pandemic has been difficult for many businesses, but those involved with home improvement are thriving.

When the pandemic started, the Levyn family found themselves at home more. They decided to renovate the backyard, including a new deck. “You want where you live, if you have to work there and if you have young children, you want it to be as lovely as it can possibly be,” Allison Levyn says.

The Levyn’s hired a local company, MG Construction & Decks. “Business has been crazy. It is really good,” says co-owner Melissa Gabso.

A Consumer Specialists survey found 57% of homeowners made improvements this spring. And plenty of people are doing it themselves, which is driving up sales at hardware stores. Home Depot recently posted

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