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Jenna Christensen

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Congratulations are in order! All of your hard work and long hours have paid off and you’ve finally reached the ultimate level of adulthood: buying a home. While you’re probably inclined to take any gem on the market that your heart (and wallet) so desires, making an important decision based on emotions and eagerness is, well, not an approach we recommend. So, from budgeting to understanding your new financial responsibility, a couple homeowners from Laurel & Wolf are sharing what every prospective homeowner should know before purchasing a home.

Renovate by the Rules

What I Wish I Knew Before Buying a Home

Image via House Beautiful

If you’re looking to redesign your new abode without restrictions, be sure to find out more information on the neighborhood’s Home

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Feed the Birds! And 6 More Ways to Make the Most of This Weekend

Here’s a fresh batch of ideas for boosting your energy and mood at home

  Mid-January begs for an extra helping of cheer. This weekend, stay healthy and well with a few small tweaks around the house (for instance, getting the humidity balance right), and then make some time for the little things — like feeding the birds and buying flowers — that lift your spirits. Midcentury Entry by Lume Photography Lume Photography   1. Increase entryway lighting. The days are getting longer bit by bit, but we still have quite a ways to go before it feels light in the early mornings and evenings. Fight off dreariness by adding an extra light or using a brighter bulb, if possible, on…
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E&V News

Strong Demand Underlies Healthy Toronto Luxury Market: Report
Toronto Star
Engel & Völkers says real estate values are benefiting from a booming population and tech sector.

Luxury Property Hotspots to Look Out for in 2018
Mortgage Broker News
In a recent report, global real estate firm Engel & Völkers outlined the most promising luxury property trends in four major Canadian cities.

Timbaland Buys Waterfront Miami Condo
The Real Deal
Grammy Award-winning record producer and rapper Timbaland just bought a waterfront condo under construction in Miami’s Arts & Entertainment District.

Americas

Facebook, Google, and LinkedIn are Investing Hundreds of Millions in Housing Projects Across North America
Business Insider
From the lure of tax credits

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Legalized Marijuana: What It Could Mean For California Real Estate 

If you happened to be among the first customers at San Diego's Mankind Cooperative on January 1, you got a little something extra with your newly legal recreational marijuana purchase: a "commemorative T-shirts showing astronauts on the moon and the phrase ‘A giant leap for mankind,'" said The Los Angeles Times.

The celebratory attitude extended up and down the coast of California on this, the first day of legalized recreational pot. But legalization is not just a boon for those looking to get high. In other states that preceded CA, it's been high times for tax revenue, too.

"Californians voted to legalize recreational marijuana in 2016, and the historic law permitting such businesses took effect New Year's Day - creating the

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Got $1 million to retire? Here’s how long it will last in every U.S. state

 On a state-by-state basis, this is exactly how far a million dollars goes in retirement Getty Images If this was your vision for retirement, then let’s hope you weren’t planning on your retirement lasting too long.

BySALLYFRENCH  

If your retirement plan was basking in a tropical paradise, let’s hope your vision of a tropical paradise resembles something more like Mississippi and less like Hawaii.

Either that, or let’s hope you were planning on a short retirement.

Data analysis site HowMuch analyzed how far $1 million goes in retirement in every U.S. state. And it turns out you can stretch $1 million about twice as far

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swedish-death-cleaningTetra Images/Getty Images; realtor.com

Swedish death cleaning might sound like some odd Scandinavian detective noir series on Netflix, but it's actually the latest home organizing trend—one that some say could actually change your life.

Remember Japanese tidiness guru Marie Kondo, whose 2014 book, "The Life-Changing Magic of Tidying Up" (5 million copies sold), introduced the world to the KonMari method of tossing out everything  that doesn't "spark joy"? Well, it seems people may have gotten tired of pawing through every pair of socks to see if they get a buzz.

Enter Swedish death cleaning, the latest high-concept approach to organizing that looks to be big in 2018. It's based on the belief in Swedish culture that one should purge all

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 home-inspection-mistakes Jupiterimages/Getty Images

The house-buying process can seem endless: Attending open houses. Separating your must-haves from nice-to-haves. Identifying your (sort of) dream home. Making an offer. Negotiating the final price. So when you get to inspection day, it’s tempting to heave a huge sigh of relief now that your work is basically done.

But not so fast. The home inspection is one of the most crucial steps for buying a home, and it shouldn't be overlooked or rushed. In fact, the inspection process has the potential to be just as nerve-racking for the buyer as it is for the seller. What if you've fallen in love with a beautiful home that has major problems lurking beneath the surface?

That's why it's extremely

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International real estate brand continues Canadian expansion with its first Oakville brokerage

Engel & Völkers has announced its newest shop in Oakville, Ontario, expanding the company’s global network and premium level of service in Canada. The newly established Engel & Völkers Oakville is led by license partners Scott Russell, Jo-Anne Copeland and Richard Rutkowski, who will also serve as the broker of record. The brokerage will provide leading real estate services to home buyers and sellers in the markets of Oakville, Mississauga, Milton, Burlington and Hamilton.

As part of the Oakville community for more than 20 years, Russell and Copeland open the new shop with an esteemed local reputation, having already established several business ventures

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E&V News

Canada's Luxury Real Estate Hot Spots in 2018
BCBusiness
Trends and predictions for six markets across the country. 

2018 forecast: New Mortgage Rules Could Be Boon for Investors
Canadian Real Estate
The new mortgage stress test, in addition to rapidly escalating housing prices, is keeping an increasing number of people in rental accommodations, and that’s good news for investors.

Robust Market: Intown Real Estate Agents Forecast Home Sales for 2018
Atlanta INtown
When it comes to emerging trends in Intown’s real estate market, robust is the buzzword for 2018.

Engel & Völkers: Exclusive Ski Properties in Europe
RISMedia
St. Moritz, Gstaad, Kitzbühel and Davos/Klosters rank among the most exclusive ski destinations in Europe, according to an

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aerial-jah1 Economists foresee rising home prices for at least the next year or two, barring an unexpected shock to the economy. (File photo, the Orange County Register/SCNG)
After nearly six years of rising home prices, what’s next?  

Will 2018 be the seventh year home prices go up? Or the year the market stalls? Will this be the year that tenants get the upper hand over landlords? Or will rent hikes just keep coming?

In other words, will the seller’s market of the past 69 months continue in 2018?

We interviewed 10 economists and reviewed nine forecasts to find an answer to that question. It can be summed up in one word.

Yes.

Yes, home prices and home sales are projected to keep rising in the year ahead, although the

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