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The Best Cities for Retirees to Call Home

Ask any retiree what mattered most in their search for a new home, and most will tell you location. A recent study by WalletHub ranked the top locations for soon-to-be retirees, weighing cost of living, health care, quality of life and recreation—and in a not-so-unexpected twist, the top three locations in the ranking were all within the Sunshine State:

  1. Orlando, Fla.
  2. Tampa, Fla.
  3. Miami, Fla.
  4. Scottsdale, Ariz.
  5. Atlanta, Ga.

Several other cities outside of the top five were named ideal for retirees, as well. Laredo, Texas was ranked No. 1 based on cost of in-home care and cost of living, while Plano, Texas, and Grand Prairie, Texas, were ranked No.1 and No. 3, respectively, in most employed retirees. (Many people of retirement age are simply forced to keep working due to a lack of savings, according to WalletHub.) Some sprawling metropolitan areas are suited for retirees seeking an active lifestyle; Washington, D.C., for instance, is tied for first for the most museums and senior centers per capita.

When it comes solely to weather, however, California cannot be beat: Glendale, Riverside and Bakersfield ranked in the top three for “mild weather,” followed by Scottsdale, Ariz., and Henderson, Nev.

Source: WalletHub

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Are You Checking Email on Vacation?

(TNS)—How does the U.S. stack up when it comes to taking vacation time?

As vacation spending in the U.S. surpasses $1 billion, people are definitely getting away more—but what is the quality of that vacation actually looking like?

An Ipsos Global poll looked at the way the world vacations and found that more and more people are spending time away from home, but fewer are fully disconnecting while gone.

Six in 10 respondents in the 25 countries surveyed said they have spent or would spend at least one full week away from work.

The three countries where the most people take a vacation away from home are India (80 percent), Great Britain (72 percent) and China (70 percent). There were just three countries where a majority said they would not be taking time away from work and home life: Hungary, South Korea and Japan.

In the U.S., 61 percent said they would likely spend a week or more on vacation.

Across all countries, 65 percent of travelers said they use all of the vacation time that they are given; however, this number has fallen over the past decade, declining the most in China, Japan, Italy and Australia.

While people are taking more time away from home, that doesn’t mean they are disconnecting. Less than half of respondents say they don’t check work emails when on vacation. This was slightly better in the U.S., where 52 percent say they don’t check their emails while away.

Since 2009, the number of those who check work messages increased across almost all countries surveyed.

Where are people staying the most connected? Vacationers in Italy, Japan, Spain and Belgium can’t seem to put their phones and laptops away while they are away. There are just two countries where the number of people staying in touch with work has decreased: Mexico and Brazil.

Overall, a strong majority of Americans have or plan to take time off this year. What we really need to work on is putting the phone down when we do.

©2017 Travelpulse
Visit Travelpulse at www.travelpulse.com
Distributed by Tribune Content Agency, LLC

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Want to Save for a Down Payment? Skip the Pre-Wedding Shenanigans

Would-be homeowners can easily plunk down savings for a home—if they forgo their friends’ one last hurrah before the big day.

A recent report by Zillow reveals the cost of destination bachelor or bachelorette parties can equal up to one-third of a down payment on a median-priced home. With attendees spending an average $1,106 (for destination bachelorette parties) and $1,532 (for destination bachelor parties), according to The Knot, partaking in just nine pre-marriage celebrations—or three each year for three years—would total 34 percent, or $13,788, of a 20 percent down payment on a median-priced home.

Without question, the amount of parties needed to rack up one-third of a down payment varies by market:

Zillow_Bachelor_Party

Bachelor and bachelorette getaways are just one of several stereotypically “millennial” spending choices called into question as of late. Earlier this year, one real estate developer singled out avocados, telling Australia’s “60 Minutes”: “When I was buying my first home, I wasn’t buying smashed avocado for 19 bucks and four coffees at $4 each.”

“Buying a home is one of the most expensive purchases someone will ever make, and for most first-time buyers, that means years of saving money to afford a down payment,” says Jeremy Wacksman, CMO at Zillow. “Attending your friends’ bachelor or bachelorette parties can be a trip of a lifetime. While everyone’s budget and priorities are different, big-ticket expenses like vacations can add up surprisingly quickly—a lot faster than a $19 avocado toast.”

For more information, please visit www.zillow.com.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com.

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5 of the Best Cities to Flip Houses In

Flipping a house can be a profitable endeavor—especially in cities where flips thrive. The best cities, according to recently released findings from a study by WalletHub, boast a combination of a desirable quality of life, cost-effective renovation expenses and prime market potential.

The following cities, based on those criteria, are best for flips:

  1. El Paso, Texas
    El Paso earned the No. 1 ranking in WalletHub’s study, with a total score of 69.6. El Paso has the third-lowest bathroom remodeling costs, on average, of the 150 cities evaluated.
  1. Sioux Falls, S.D.
    Sioux Falls earned the No. 2 spot in the ranking, with a total score of 69.52.
  1. Fort Wayne, Ind.
    Fort Wayne earned the No. 3 spot in the ranking, with a total score of 67.38.
  1. Peoria, Ariz.
    Peoria earned the No. 4 spot in the ranking, with a total score of 66.6. Peoria has the fourth-lowest whole-home remodeling costs, on average, of the 150 cities evaluated.
  1. Oklahoma City, Okla.
    Oklahoma City earned the No. 5 spot in the ranking, with a total score of 66.56. Oklahoma City has the fifth-most real estate agents per capita of the 150 cities evaluated.

Source: WalletHub

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Ranked: 10 Affordable Towns With High-Rated Elementary Schools

Communities with sought-after schools often command a premium for homebuyers. Realtor.com® recently uncovered 10 towns where not only public elementary schools earn high marks, but also home prices make the grade—in affordability.

1. Aurora, Ill. (60503)
SchoolsHomestead Elementary School (rating 10/10 on GreatSchools), The Wheatlands Elementary School (8/10), Wolfs Crossing Elementary School (10/10)

The 2017 median household income in Aurora is $114,118 with a 2017 median listing price of $259,900. Aurora is 45 percent more affordable compared to its surrounding metro area, and 47 percent more affordable compared to the U.S. overall.

2. Stone Mountain, Ga. (30087)
School: Wynbrooke Elementary School (9/10)

The 2017 median household income in Stone Mountain is $71,678 with a 2017 median listing price of $218,950. Stone Mountain is 38 percent more affordable compared to its surrounding metro area and compared to the U.S. overall.

3. Hampton, N.J. (08827)
SchoolUnion Township Elementary School (8/10)

The 2017 median household income in Hampton is $118,810 with a 2017 median listing price of $297,000. Hampton is 60 percent more affordable compared to its surrounding metro area, and 37 percent more affordable compared to the U.S. overall.

4. Royersford, Pa. (19468)
SchoolsBrooke Elementary School (9/10), Evans Elementary School (8/10), Limerick Elementary School (9/10), Spring-Ford Intermediate School 5th/6th (9/10), Upper Providence Elementary School (9/10)

The 2017 median household income in Royersford is $83,264 with a 2017 median listing price of $246,125. Royersford is 21 percent more affordable compared to its surrounding metro area, and 32 percent more affordable compared to the U.S. overall.

5. Kingwood, Texas (77345)
Schools: Deerwood Elementary School (9/10), Greentree Elementary School (10/10), Hidden Hollow Elementary (9/10), Shadow Forest Elementary School (10/10), Willow Creek Elementary School (10/10).

The 2017 median household income in Kingwood is $123,201 with a 2017 median listing price of $323,750. Kingwood is 46 percent more affordable compared to its surrounding metro area, and 32 percent more affordable compared to the U.S. overall.

6. Rosemount, Minn. (55068)
School: Shannon Park Elementary School (10/10)

The 2017 median household income in Rosemount is $93,743 with a 2017 median listing price of $299,900. Rosemount is 30 percent more affordable compared to its surrounding metro area, and 32 percent more affordable compared to the U.S. overall.

7. Bowie, Md. (20715)
Schools: Whitehall Elementary School (8/10), Yorktown Elementary School (8/10)

The 2017 median household income in Bowie is $107,865 with a 2017 median listing price of $345,350. Bowie is 29 percent more affordable compared to its surrounding metro area, and 27 percent more affordable compared to the U.S. overall.

8. Huntington Woods, Mich. (48070)
School: Burton Elementary School (8/10)

The 2017 median household income in Huntington Woods is $120,265 with a 2017 median listing price of $400,000. Huntington Woods is 15 percent more affordable compared to its surrounding metro area, and 27 percent more affordable compared to the U.S. overall.

9. Stow, Mass. (01775)
School: Center School (8/10)

The 2017 median household income in Stow is $139,622 with a 2017 median listing price of $504,750. Stow is 45 percent more affordable compared to its surrounding metro area, and 23 percent more affordable compared to the U.S. overall.

10. Chandler, Ariz. (85226)
Schools: Kyrene De La Mirada School (9/10), Kyrene De La Paloma School (8/10), Kyrene De Las Brisas School (9/10), Kyrene del Cielo School (10/10), Kyrene Traditional – Sureno Campus (9/10), Paragon Science Academy K-12 (9/10)

The 2017 median household income in Chandler is $80,130 with a 2017 median listing price of $324,155. Chandler is 30 percent more affordable compared to its surrounding metro area, and 20 percent more affordable compared to the U.S. overall.

“When searching for a new home, finding something affordable in a good school district with family-friendly features, such as large backyards, tops the list of homebuyer priorities,” says Javier Vivas, manager of Economic Research for realtor.com. “These markets offer strong public schools and affordable homes, making them a great fit for homebuyers with elementary school-age children.”

The ranking was determined by identifying ZIP codes within the top metropolitan areas in the U.S. that contained at least one public school ranked eight out of 10 or higher by GreatSchools, then calculating affordability by factoring in the ZIP code’s median income and median-priced home with monthly mortgage payment and other cost data.

For more information, please visit www.realtor.com.

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© 2017 Central Texas Multiple Listing Service. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Central Texas Multiple Listing Service and the Broker Reciprocity Program.sm. Real estate listings held by brokerage firms other than REMAX REDZONE are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-08-19.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Texas Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© Central Texas Board of Realtors All Rights Reserved.
Data last updated on 2017-08-19.

Michael McGehee
Michael McGehee
REMAX REDZONE
Harker Heights, TX 76548
254 290-1602
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