Credit card debt as of the fourth quarter of 2022 was a record $986 billion after it jumped by $61 billion from the third quarter. Residents of Connecticut, New York and New Jersey had the top three spots for the largest amounts owed.It is obvious that members of Gen X have the highest, followed
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04/13/2023
Earning your real estate license is a cinch, but earning a living is where the smart work and efforts begin.I have been in the industry for over 42 years and have seen tremendous changes occur over that time. When I began, you only needed 45 hours of classroom instruction, pass the New York State
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03/18/2023
I am not sure which is more neglected these days, the upkeep of your home or one’s yearly physical. I am fairly sure that it would be a tie as many homes’ interior and exterior need anywhere from some basic fixes to major repairs and upgrades. I also know from conversing with many people,
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03/07/2023
All Things Real Estate: With all the buzz lately about AI, I have been pondering this weekend as to what the future will look like with the technology that has been and will be created going forward. Take ChatGPT, a product of OpenAI, which Microsoft recently funded with $10 billion. Micro
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02/24/2023
In the last few weeks, I have had several inquiries concerning capital gains on the sale of one’s primary residence. There is a multitude of variables that come into play. It would be smart to strategize and determine in advance of selling if there will be any capital gains to be paid.The first
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02/24/2023
Homeowners sometimes forget one of the most important life-saving preventative maintenance and a simple chore to do in their home or apartment is to replace the batteries in the fire and smoke alarm. This must be done on a yearly basis or as needed; when a red light flashes or you hear a slight
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02/06/2023
Since 2020, the Pandemic, causing the shutting down of the majority of businesses and coming to a standstill; causing people and families to exit major cities away from the crowds and Covid 19 to work remotely from the supposedly safer less dangerous environment in suburbia. This was one of the
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01/31/2023
All Things Real Estate By Philip A Raices - January 22, 2023 Part 2 We reached our debt spending limit last week and hopefully have enough money to pay our current debts (not new ones). Congress has approximately until June to be able to raise our debt limit; otherwise, the U.S. will be in def
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01/27/2023
By Philip A Raices - January 16, 2023 0 Unfortunately, we are again approaching our debt limit. Since 1960, Congress has acted 78 times to consider either temporarily extending or permanently increasing the debt limit or revising the meaning of the debt limit; 49 times under Republican presid
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01/17/2023
All Things Real Estate By Philip A Raices - January 9, 2023 Over the next 3 months, our real estate market will be impacted further over increased rates. With the proposed 1/2% increase in March by Fed Chair Jerome Powell we could see a further softening in the demand to purchas
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01/10/2023
