The Price Tag of Owning a Home

first_imgHome / Daily Dose / The Price Tag of Owning a Home The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Homeowners Homes HOUSING Maintenance price Thumbtack Zillow 2018-08-23 Radhika Ojha The Week Ahead: Nearing the Forbearance Exit 2 days ago August 23, 2018 2,496 Views Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Homeowners Homes HOUSING Maintenance price Thumbtack Zillow Related Articles Previous: Where is Single-family Rental Growing the Most? Next: Looking into the Housing Market in 2019 Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He’s been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing. in Daily Dose, Featured, Market Studies, News The Price Tag of Owning a Home  Print This Post About Author: Scott Morgan Buying a house is usually expensive, but the money doesn’t stop flowing out once the deal is closed. Costs associated with caring for a property can run many homeowners as much as $9,390 every year, according to an analysis by Zillow and Thumbtack. Property taxes, utilities, and homeowners insurance are necessary expenses tend to add up fast for homeowners. “Nationally, these costs add up to $6,327 per year, but can be much higher in more expensive markets,” the report stated. “In San Jose, where the typical home is worth $1,287,600, these costs add up to $17,255 per year, the highest of any market analyzed. By contrast, these costs add up to $5,540 annually in Indianapolis, less than one-third of the San Jose total.”Another cost homeowners often do not consider until it starts affecting their pocketbooks is professional services—house cleaning, lawn care, carpet cleaning, central air and heating system repairs, gutter cleaning, and pressure washing, among others. According to the report, the average cost of these tasks nationally is $3,067 per year. “Labor costs vary in different parts of the country,” the report stated, “so these jobs can be much more expensive depending on where someone lives.” In Portland, for example, homeowners can expect to pay $3,810 per year for these projects, compared with the $2,570 owners in Miami can expect to spend, the report found.”Ongoing maintenance costs and annual fees are some of the most common surprises for first-time home buyers after they finally become homeowners,” said Zillow Senior Economist Aaron Terrazas. “While they are shopping, buyers tend to focus on their monthly mortgage payments, but other needs quickly add up after move-in. The list price is just the beginning of understanding the costs that come with being a homeowner, and it’s important to understand what other expenses you may have to account for when determining what you can afford.” Lucas Puente, the lead economist at Thumbtack, added that many basic maintenance costs “are often overlooked when calculating the cost of buying a home. It’s imperative that those looking to buy a home do their homework to avoid any surprise charges.” Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

HMAS Farncomb Crew to Test What They Are Made of (Hawaii)

first_img View post tag: made View post tag: News by topic View post tag: Naval July 10, 2012 View post tag: Navy View post tag: crew View post tag: What View post tag: test The crew of the Royal Australian Navy’s Collins Class submarine HMAS Farncomb are preparing to test themselves in a realistic warfare scenario, off the coast of Hawaii.The submarine is here for RIMPAC 2012. With 22 nations taking part, it is the largest exercise of its kind in the world.HMAS Farncomb has travelled 7000 nautical miles to get to RIMPAC. For many sailors onboard this is their first experience of an exercise of this importance and size. Their Commanding officer, CMDR Glen Miles, says for some of his crew, this is also their first time in Hawaii.” They will see and do things here that they will remember for their whole careers,” CMDR Miles said. “Being a participant in the biggest-ever version of what is already the world’s largest maritime exercise is a great feeling. The interaction with each of the 22 countries cements a friendship that will last well into times of adversity.”The variety of submarines exercising alongside the Australians is also critical. It will give Farncomb vital experience as they operate with a range other nations.“South Korea has sent their Type 209 Na Daeyong, Canada has sent HMCS Victoria – an Upholder class SSK and the USN participants are USS North Carolina, USS Charlotte and USS Cheyenne,” CMDR Miles said. “We all relish the idea of being the bad guys throughout this exercise – the relative independence of submarines, operating far from home, without support and the disproportionate effects that a submarine can generate on even a very large, well equipped force makes this job the best there is.”CMDR Miles has also paid tribute to his American hosts. “The USN has always welcomed Australian submarines to Pearl Harbor. Our host boat, USS North Carolina, has been outstanding. Their hospitality has been overwhelming. The level of support and professionalism of USN submariners is legendary, and everything we’ve seen confirms that.“[mappress]Naval Today Staff, July 10, 2012; Image: Australian Navycenter_img Training & Education View post tag: Farncomb View post tag: HMAS View post tag: Hawaii Share this article HMAS Farncomb Crew to Test What They Are Made of (Hawaii) Back to overview,Home naval-today HMAS Farncomb Crew to Test What They Are Made of (Hawaii) last_img read more