Case-Shiller Home Price Indices reported a year-over-year national home price gain of 9.50 percent for November 2020. Home prices continued to grow in response to high demand for homes and homeowner relocations in response to the covid-19 pandemic. Inventories of pre-owned homes remained low. Home prices rose at a slower pace in November but remained strong in most areas. 20-City Home Price Index Reports Home Price Gains in 19 of 20 Cities November’s edition of the 20-City Home Price Index … [Read more...]
Archives for January 2021
Buying A New Home In The City? The Pros and Cons Of Buying A Home On A Busy Street
Finding the perfect property is an exciting feeling, but its relative location can leave a lot of room for worry. Buying a home in the city is a venture that comes with an entire assortment of advantages and disadvantages. While the location might be close in proximity to businesses, services, and other people, it's easy to worry about the other aspects of city living. What are the great and not-so-great facets of living on a busy street? Pro: Access to Businesses and Schools The chances are … [Read more...]
How To Stretch Home Improvement Dollars The Most
There are lots of homeowners who are looking for a way to improve the quality of their home while also increasing the value of their property. Unfortunately, a lot of home improvement ideas can be prohibitively expensive. It is not unusual for homeowners to spend six figures on a renovation project. On the other hand, there are also home improvement ideas that will not break the bank. What are a few of the top ideas that homeowners should consider? Start With A Few Quality Ceiling Fans … [Read more...]
Planning On Getting A Mortgage in 2021, Take These Steps
As we move into 2021, there are a lot of people who are thinking about getting a mortgage. Even though it is a great time to look for a home loan right now, it is also important for everyone to make sure they place themselves in the best position possible to be successful. It is important to take the following steps for those who are interested in applying for a new home loan this year. Calculate Your Budget Carefully First, it is important to take a look at the budget carefully and … [Read more...]
What’s Ahead For Mortgage Rates This Week – January 25, 2021
Last week’s economic reporting included readings from the National Association of Home Builders Housing Market Index, along with Commerce Department readings on housing starts and building permits issued. The National Association of Realtors® reported on sales of previously-owned homes; weekly readings on mortgage rates and jobless claims were also released. NAHB: Home Builders’ Housing Market Index Falls in January Homebuilder confidence in housing market conditions fell three … [Read more...]
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