March 13th 2012
Real estate appraisal management companies in Kentucky now must obtain a surety bond in order to operate legally because of a new law. The new law is named HB 288 and requires real estate appraisal management companies to acquire a bond in an amount that will be established via regulations; but it will not be greater than $500,000.
March 6th 2012
Here’s why I believe that the current high price of oil is not enough to derail the U.S. economic recovery. New Jersey Historical Gas Price Charts Provided by GasBuddy.com
Although the prices of oil and gasoline have risen significantly from their values in October, they are still not back to the levels we saw last spring or in the summer of 2008. There is a good deal of statistical evidence (for example, [1],[2]) that an oil price increase that does no more than reverse an earlier decline has a much more limited effect on the economy than if the price of oil surges to a new all-time high.
One reason for this is that much of the impact on the economy of an increase in oil prices comes from abrupt changes in the patterns of consumer spending. For example, one thing we often observe when oil prices spike up is that U.S. consumers suddenly stop buying the less fuel-efficient vehicles that tend to be manufactured in North America. That drop in income for the domestic auto sector is one factor aggravating the overall economic consequences. B
February 27th 2012
The cost of home insurance is set to increase over the next few months but taking a few simple measures now you can help keep premiums to a minimum.
Households benefited from falling home insurance premiums over the first half of the year, according to MoneySupermarket’s inaugural Home Insurance Monitor. However, over the last few months that trend seems to be reversing and price increases are expected.
Julie Fisher, head of home insurance at MoneySupermarket.com said: “The cost of insuring homes in the UK, while decreasing slightly last year, seems to be steadily on the increase again. Despite this, home insurance remains superb value for money. For as little as £0.42 per day, the cost of your daily paper, you can enjoy the peace of mind that your most valuable asset is protected. Unfortunately for consumers, things are forecast to get worse, with the increases we are starting to see come through in prices unlikely to slow in the coming years’.
“The threat of flooding continues to loom large over many UK properties, and coupled with incidents like the recent spate of riots across the UK it is clear there are many influencing factors impacting the cost of home insurance – let alone hikes to the cost of raw materials that impact on the rebuild value of a property and therefore buildings insurance. Al
February 17th 2012
You’ll probably all make fun of me for this, but that’s okay. I live exactly 3 blocks from the house I grew up in.
Hmm… no Momma’s boy jokes yet? I’m sure there will be some by the end of the post. Or, at least in the comment section.
Anyway, you can probably imagine the reasons why I live so close to my parents. My family is important to me, so I wanted to be close to them. I think the neighbourhood I live in is wonderful – there are all sorts of mature trees, it’s quiet, it’s flanked by all sorts of nature and the yards are ample, which isn’t a priority for developers these days. We live in a small town, which means housing costs are reasonable. And although now place will ever be entirely crime free, it sure does seem like my small town is.
Meanwhile, I can see the appeal of a larger centre. Opportunities are definitely more plentiful, especially if you’re in a more specialized field. There’s always some
February 11th 2012
Montana mining operators are affected by new legislation. The new law, which is named, HB 533, authorizes the Board of Land Commissioners to decide whether or not a surety bond will be required of mining operators to guarantee the payment of royalties to the Board. The previous law always required the surety bond.