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Home Affordability Still Tops Nationwide

The National Association of Home Builders reports a Q2 2011 Home Opportunity Index reading of 72.6. Nearly 3 of 4 homes sold last quarter were affordable to households earning the national median income of $64,200.

Posted in: Housing Analysis Tagged: Home Affordability, Home Opportunity Index, NAHB

After A Pause, Mortgage Guidelines Resume Tightening

Mortgage guidelines appear to be tightening with the nation’s largest banks.

Posted in: Mortgage Guidelines Tagged: Debt-to-Income, Federal Reserve, Senior Loan Officer Survey

As Jobs Tally Fades, Mortgage Rates Fall

The U.S. economy is no longer adding new jobs.

Posted in: The Economy Tagged: Italy, Non-Farm Payrolls, Unemployment Rate

How To Rotate Your Bedroom Mattress

With the change of seasons, it’s a good reminder to rotate your bedrooms’ mattresses. Most brand manufacturers recommend a semi-annual “flip”, at least.

Posted in: Around The Home Tagged: Bedroom, Furniture, Mattress

Home Values Rose In June 2011

The June 2011 Case-Shiller Index reading posted strong numbers across the board, with each of the index’s 20 tracked markets showing home price improvement from May.

Posted in: Housing Analysis Tagged: Case-Shiller Index, Home Values

With The Jobs Report Looming, Mortgage Rates May Rise

If you’re shopping for a mortgage rate, today may be a good day to lock one down. That’s because Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report for August 2011.

Posted in: The Economy Tagged: Bureau of Labor Statistics, Non-Farm Payrolls, Unemployment Rate

Fed Minutes : Fed Considered Additional Stimulus In August

The Federal Reserve released the minutes from its August 9, 2011 Federal Open Market Committee meeting Tuesday.

Posted in: Federal Reserve Tagged: Ben Bernanke, Fed Minutes, FOMC

Pending Home Sales Slip In July; Creates Buyer Opportunity

After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July.

Posted in: Housing Analysis Tagged: Existing Home Sales, National Association of REALTORS, Pending Home Sales Index

How To Weatherize Your Home With Caulk

Whether you live in a single-family home, a multi-family property, or a condominium, your home has windows and, through those windows, air escapes. Learn how to weatherize your home.

Posted in: Around The Home Tagged: Caulk, DIY, Lowes

Mortgage Rates Bounce Off All-Time Lows; The Start Of A Trend?

One week after posting its lowest mortgage rate in 50 years, Freddie Mac reports that the 30-year fixed rate mortgage rose by an average of 7 basis points nationwide this week to 4.22 percent.

Posted in: Mortgage Rates Tagged: Freddie Mac, Market Timing, Purchasing Power

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Parkland FL REALTOR®Jon Klein, REALTOR®, P.A.,GRI

954-415-5595 Direct

954-449-9325 Office

954-827-0464 Fax

jon@jonklein.com

5691 Coral Ridge Drive
Coral Springs, FL 33076

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