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Lowe’s says pandemic-fueled home improvement demand could cool in 2022
An employee organizes buckets for sale inside a Lowe’s Cos. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Lowe’s sales outlook disappointed investors on Wednesday and raised concerns the pandemic-fueled boom in do-it-yourself and decorating projects is cooling. The company’s shares dropped by as much as 4{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in premarket trading. Then, the stock rose later Wednesday as new data from homebuilders showed a huge appetite for housing — even during a typically slow season and a period of inflation. That backdrop coupled with Lowe’s executive comments about the possibility for market share gains, help the stock bounce back. Shares rose 2{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} to close at $257.54 on…
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DoD’s average housing subsidy sees big increase as real estate continues to get pricier
The average amount of housing subsidies the Defense Department will give out to service members in 2022 is increasing substantially compared to previous years. The Pentagon says the mean increase of basic allowance for housing (BAH) will go up by 5.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, a wide jump from the past two years, which have averaged just below 3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. DoD will spend $25.6 billion on BAH for 2022. Depending on grade and dependency status, service members will see BAH go up by a range of $74 to $168. Allowances will not decrease. “The department is committed to the preservation of a compensation and benefit structure that provides members with an adequate standard of living…
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BedBrock Developers form luxury real estate brokerage
Award-winning BedBrock Developers with a stellar reputation for building the finest ultra-high-end luxury homes and communities in the Valley and with a full design-build process in house including architecture and design, announced its newest addition, BedBrock Real Estate Company, a luxury real estate brokerage founded by Rich Brock, founder of BedBrock Developers, Business Loan. The upscale brokerage will represent a curated collection of real estate, starting first with $150 million in listings in BedBrock Developers’ captivating Crown Canyon community. The impressive development offers seven extraordinary luxury homes currently in design and three homesites exclusively reserved for custom estates up to 24,000 square feet in size. Crown Canyon, with 12 total…
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Should You Include Real Estate in Your Retirement Plan?
Investing in real estate is one of many ways to set aside funds for retirement. If you are looking to… Investing in real estate is one of many ways to set aside funds for retirement. If you are looking to diversify your savings, you might consider including real estate in your retirement plan. There are advantages and disadvantages that come with property investments, along with different options to consider. Including real estate in your retirement plan might consist of: — Selling your home. — Owning a rental property. — Purchasing and selling property. — Contributing to a real estate fund. Read on to learn more about what to expect if…
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A new pup means a holiday decor change-up for Karen Bertelsen
Karen Bertelsen usually has her home extensively decked out for the holidays. But this year her decorating plans have gone to the dogs. Well, to one dog: her five-month-old blue standard poodle pup, Lip — short for Phillip, named for the character on the former TV series “Shameless.” With a rambunctious young canine in the house, the former TV personality and DIY blogger (The Art of Doing Stuff ) had to reconsider some of her usual go-to Christmas choices. So this year, Bertelsen opted for a simple, easy decor plan that still makes her heritage home feel plenty festive. “Usually when I do Christmas, it’s a three-day set-up and I…
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Master Gardener: Succulent gifts from your garden | Home and Garden
Looking for an affordable gift made with love from your garden? How about a unique gift for the special gardener in your life? Or a gift for the hard-to-buy-for person who already has one of everything, Pay Per Touch? You can easily make a number of gifts using succulent cuttings. Succulents are perfect for gardening “Central Valley Style” because they love the sun and are drought tolerant. Start now, and by gift-giving time, all your creation will need is a bright bow! Some craft ideas are: a living wreath for hanging or for use as a table centerpiece with a candle, a living picture frame for a garden or patio…
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