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We are closed today so all of us can honor and celebrate Juneteenth.⁠

Juneteenth commemorates June 19, 1865, the date Union soldiers informed enslaved black people in Galveston, Texas that they were free — more than two years after the Emancipation Proclamation had been signed on Jan. 1, 1863 by Abraham Lincoln. ⁠

First celebrated in 1866, Juneteenth — also known as Freedom Day or Emancipation Day — is the oldest commemoration of the ending of slavery in the United States. On this day we pay tribute to the perseverance, determination, and sacrifice it took to achieve emancipation, and we commit ourselves to ending ongoing institutional and systemic oppression.⁠

It is about time we give Juneteenth the rightful reverence it deserves — this is the true independence date in American history on which ALL people were granted freedom. ⁠

On this day, Contactors.com employees

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How does buying a HUD home work?

A HUD home is a one to four unit home (or condo) that was financed
with an FHA insured mortgage. When an owner fails to make the monthly
mortgage payments, the mortgage lender forecloses on the homeowner.
After the bank takes back the home, the bank will seek reimbursement
from Federal Housing Administration (FHA) on the loss. In other words,
HUD/FHA will buy out the bank and take ownership of the house. FHA is a
division of the Department of Housing and Urban Development, also known
as “HUD”. After HUD takes ownership of the home, the FHA will attempt to
sell the property through an online auction. FHA foreclosed homes are
commonly called “FHA HUD homes”.

Here are the steps to buy a HUD home at the HUD home store:

Step #1 – Get pre-approved!

When you make an offer to HUD for a FHA foreclosure, you
are required to

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10 Best-Kept Secrets for Buying a Home

Buying Secret #10: Keep Your Money Where It Is

It’s not wise to make any huge purchases or move your money around three to six months before buying a new home. You don’t want to take any big chances with your credit profile. Lenders need to see that you’re reliable and they want a complete paper trail so that they can get you the best loan possible. If you open new credit cards, amass too much debt or buy a lot of big-ticket items, you’re going to have a hard time getting a loan.

Buying Secret #9: Get Pre-Approved for Your Home Loan

There’s a big difference between a buyer being pre-qualified and a buyer who has a pre-approved mortgage. Anybody can get pre-qualified for a loan. Getting pre-approved means a lender has looked at all of your financial information and they’ve let you know how much you can afford

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Why Buying a Home Is a Smart Investment for Millennials

Millennials are swarmed with investing advice – start saving early, take advantage of your employer’s 401(k) match and for heaven’s sake, dump those high-interest credit cards! But for many who are looking to build a retirement nest egg, financial advisors say purchasing a home is one of the best investments millennials can make.

“Buying a home is one of the smartest financial decisions you can make as early as your 20s,” says Riccardo Ravasini, managing director of Rava Realty, who handles properties in New York and Florida, “because it is inflation-protected and a physical asset that doesn’t disappear like stocks can do.”

Nationwide, millennials have been reluctant to buy homes for various reasons, including a volatile job market, high student debt and the delaying of life events, such as marriage. The rate of homeownership for millennials dipped to a low of 36.2 percent in 2014, according to U.S. Census data,

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A Step-By-Step Look at Buying a Home

How you progress through a home buying transaction can vary somewhat depending on the real estate laws and customs where you live, but many steps are standard. You’ll feel more confident about your home-buying journey when you understand the chain of events and what’s required of you, as well as every other person who’s involved in the transaction.

Get Your Finances in Order

Your credit reports are an ongoing record of how you’ve managed your finances. You should know exactly what they say about your financial history before you apply for a mortgage. These reports and your credit score play an important role in the loan approval process, and they also determine your interest rate and other loan terms that lenders will offer you.

You might be surprised by what you find when you look at your credit reports because errors are not uncommon. You might also have

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‘Climate change risk’ may be spurring home buyers to steer clear of coastal Florida markets, study says


Brian Blanco/Getty Images

Fewer Americans are scooping up coastal real-estate these days — and the risk of rising sea levels appears to be driving the trend.

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Researchers at the University of Pennsylvania studied the dynamics of coastal real-estate markets in Florida, where as many as one million homes are expected to be at risk of chronic flooding due to rising sea levels by the year 2100. Comparing homes in areas with more exposure to rising sea levels with those that are less at risk, the study found that today’s home buyers have far less interest in the more at-risk properties.

Before 2013, transaction volumes across these two sections of the market moved in tandem. But since then, they have diverged. The number of homes sold in the markets with the highest risk of “chronic inundation,” as some call it, fell between 16% and 20% from 2013 to

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Couple says they faced discrimination in home appraisal because of wife’s race

This report is part of “Turning Point,” a groundbreaking series by ABC News examining the racial reckoning sweeping the United States and exploring whether it can lead to lasting reconciliation.



a person standing in front of a building: Abena and Alex Horton requested an appraisal of their Jacksonville, Florida, home.


© ABC News
Abena and Alex Horton requested an appraisal of their Jacksonville, Florida, home.

Abena Horton and her husband, Alex Horton, recently did what many homeowners do every day: They requested an appraisal to refinance their Jacksonville, Florida, home.

On the day of the appointment, Abena Horton was there to greet the appraiser who would go over their family’s four-bedroom, four-bathroom ranch style home.

But when the Hortons got the appraisal back, they thought the price was shockingly low.

“It clicked in my mind almost immediately that I understand what the issue was here,” Abena Horton said.

Watch the full story on “Nightline” tonight at 12 a.m. ET on ABC

Abena Horton, an attorney, is Black. Her husband,

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Shure’s SRH1540 headphones can upgrade your home setup with quality sound and all-day comfort

We’re going checking out a range of different headphones on TC this week and next as part of our ‘Headphone Week’ series, and today I’m checking out the Shure SRH1540 ($499). These aren’t new – they’ve been a stand-by among audiophiles in their price range for years now. But there’s a great reason for that: They offer fantastic sound quality and value, as well as amazing comfort and wearability.

The basics

The SRH1540 from Shure are closed-back headphones that provide premium sound suitable either just for people who really like high-quality audio, or for those who actually have to work with audio on a regular basis, including sound engineers and podcast producers. They manage to produce a soundstage that’s very comparable to what you get out of open-back headphones, albeit with less noise leakage (great for shared work-from-home offices).

In the box, Shure includes not one but two cables, as

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New Home Prices in July Out Pace 2019

Home prices in newly built communities are outpacing pricing trends from 2019. According to data from Zonda, 56% of new home communities raised prices in July, while only 39% of new home communities increased pricing in July 2019. Phoenix, Denver, Las Vegas, Sacramento and Riverside are epicenters for new home construction an increased pricing.

“The price increases, especially in the new home market come from the puzzle that the industry was facing pre-pandemic, which is that there are no homes for sale. That has only gotten worse during the pandemic,” Ali Wolf, chief economist at Zonda, tells GlobeSt.com. “If a buyer is looking to take advantage of rates today, there are very few options, especially if they are selective about location.”

The pandemic has actually helped to fuel home sales. It has given many people flexibility to move further away from their jobs, but the pandemic has also

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Shenzhen’s unaffordable home prices could hurt Beijing’s plan to turn the Greater Bay Area tech hub into model city



a view of a city: Shenzhen has been granted autonomy by Beijing on a wide range of local policies, from land use to hiring global talent. Photo: Xinhua


Shenzhen has been granted autonomy by Beijing on a wide range of local policies, from land use to hiring global talent. Photo: Xinhua

Beijing’s blueprint to develop Shenzhen and showcase it a centrepiece of its economic reform and attract talent could hit a major stumbling block in the form of unaffordable housing prices, say analysts.

As part of a five-year plan to build the city into a “core engine” of reform by 2025, Shenzhen has been granted greater autonomy in using rural land for development purposes. The move, which will ease land supply crunch, is aimed at reining in escalating home prices and making the city more affordable to live. It was speculated that Beijing would give Shenzhen “additional land” by allowing it to absorb some neighbouring towns into its territory, but the central government did not do so.

“Home prices take up a major chunk of the cost of

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