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Wednesday, January 8, 2014

Happy New Year! What we have to look forward to in 2014...


It’s going to be a very good year - for TV lovers. 

Streaming options from services such as Netflix and Hulu will be giving old-school cable TV a run for it’s money. Here are some other ways we’ll be better off in 2014 from MarketWatch.com:

* Less pain at the pump: Gas prices should average slightly less in 2014 if everything goes as expected, but you might not notice because the difference could be relatively small.

* More homes available for buyers: There will be more homes for sale due to an uptick in new construction, but primarily because the housing recovery will encourage more homeowners to sell—including those who are no longer underwater. But homes may also be less affordable for some due to higher mortgage rates and stagnant wages.

* Smartphone price wars: smartphone prices will fall from around $337 in 2013 to an average of $265 by 2017. Contracts are getting more lenient which means we won’t be stuck with a phone we don’t like for two years. 

* Cruise prices hit rock bottom: Cruise lines like Royal Caribbean and Norwegian have some 4 and 7 night packages that cost less than one night in a New York hotel.

* Lower prices on used cars: More people are buying new cars and the used car market will see a surge in off-lease vehicles and older trade-ins.

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