As we approach the Fourth of July weekend, I once again must sound my alarm for those renters on the fence about buying to finally declare your independence from the tyranny of your landlords! Why subsidize their lifestyle when you can be building equity in your own home ? In many parts of the country markets are showing signs of stabilization and mortgage rates are at historic lows. Of course interest rates are only part of the equation, but if you are confident that your income is secure, or if your source of income does not care where you live, there are a lot of places where the cost of housing has been dropping long term. And for those who already own a home, consider declaring independence from the tyranny of your utility companies! The financial and environmental benefits of sustainable retrofits for the existing housing will only increase as energy costs rise. The Home Star Energy Retrofit Act offers tax credits to homeowner’s for energy efficient upgrades. If you are replacing windows, doors, HVAC systems, or insulation improvements, all work must be completed by qualified contractors and you can get 50% tax credit for up to $ 3,000. You can also can get a 50% rebate, up to $250 for caulking windows and adding insulation yourself. This week’s Real Estate Insight: Believe it or not, sometimes it isn’t all about Real Estate; Fireworks and parades are happening all across the state this weekend. On the third, 3, Bristol hosts the Drum & Bugle Corps Competition, featuring top musicians from the United States and Canada, a prelude to the Big Fourth of July Parade. Founded in 1785, Bristol’s festivities are the oldest continuous Independence Day celebration in America. Also on the Fourth, Chepachet hosts the Ancient and Horribles Parade, where no Politian is safe from spoofing, and if you are seeking the Rockets’ Red Glare, the Paw Sox are hosting fireworks above McCoy Stadium in Pawtucket following the July 2 and 3rd games.Happy Independence Day
- By Michael McCann
- Posted
As we approach the Fourth of July weekend, I once again must sound my alarm for those renters on the fence about buying to finally declare your independence from the tyranny of your landlords! Why subsidize their lifestyle when you can be building equity in your own home ? In many parts of the country markets are showing signs of stabilization and mortgage rates are at historic lows. Of course interest rates are only part of the equation, but if you are confident that your income is secure, or if your source of income does not care where you live, there are a lot of places where the cost of housing has been dropping long term. And for those who already own a home, consider declaring independence from the tyranny of your utility companies! The financial and environmental benefits of sustainable retrofits for the existing housing will only increase as energy costs rise. The Home Star Energy Retrofit Act offers tax credits to homeowner’s for energy efficient upgrades. If you are replacing windows, doors, HVAC systems, or insulation improvements, all work must be completed by qualified contractors and you can get 50% tax credit for up to $ 3,000. You can also can get a 50% rebate, up to $250 for caulking windows and adding insulation yourself. This week’s Real Estate Insight: Believe it or not, sometimes it isn’t all about Real Estate; Fireworks and parades are happening all across the state this weekend. On the third, 3, Bristol hosts the Drum & Bugle Corps Competition, featuring top musicians from the United States and Canada, a prelude to the Big Fourth of July Parade. Founded in 1785, Bristol’s festivities are the oldest continuous Independence Day celebration in America. Also on the Fourth, Chepachet hosts the Ancient and Horribles Parade, where no Politian is safe from spoofing, and if you are seeking the Rockets’ Red Glare, the Paw Sox are hosting fireworks above McCoy Stadium in Pawtucket following the July 2 and 3rd games.
