While most of us are honing in on our New Year's Resolutions, what may not be on the top of your mind is what the US Postal Service has planned starting at the end of this month. ... 

The US Postal Service announced several new price changes that will be effective January 26, 2014.

1. First Class stamps will increase in price from 46 to 49 cents.

2. A 21 cent increase will apply for letters weighing over an ounce. 

3. International letters will cost $1.15.

4. Postcards now cost 34 cents to send.

So why this sudden increase in stamp prices just in time for the New Year?

According to Tom Carper, Homeland Security and Governmental Affairs Chairman, "The US Postal Service continues to face serious financial challenges and is looking for ways to improve its dire fiscal situation."A postage stamp price increase help defray cost...somewhat.

Board of Governors Chairman, Mickey Barnett, states that "of the options currently available to the Postal Service, increasing postage prices is a last resort that reflects extreme financial challenges." Barnett goes on to say that "if these financial challenges were alleviated by the timely enactment of laws to close a $20 billion budget gap, the Postal Service would reconsider its pricing strategy."

This 5.9% increase in stamp prices is hopeful to bring in $2 billion for the Postal Service.

So, a friendly reminder from Masha Halpern & The Smart Move Team....Be sure to buy as many "forever" stamps as you can NOW before the 3 cent increase on January 26!

 

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Masha Halpern and The Smart Move Team is your ultimate real estate resource for Chapel HillDurhamCarrboro and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Masha is a certified member of The Luxury Home Marketing Institute, participates in its annual Leaders in Luxury Conference, and works with The Institute’s thousands of members worldwide to share information about current listings.

Masha is also a certified member of Keller Williams Luxury International and is also a member of Cyber Stars International – Top Realtors Using Technology – a group dedicated to taking the best and latest technological advances and applying them to real estate advertising and marketing for her clients in all price pointsMasha Halpern can be contacted for a private consultation by calling 919-414-0337 or by visitingwww.TheSmartMoveTeam.com.