Whether this is your first big purchase, or your family is moving to a new location or looking for more space, buying a home has its share of ups and downs. It’s perfectly normal to feel anxious about whether or not you’ve found the right property.
Case-Shiller, FHFA Report Slowing Growth in Home Prices
The Case-Shiller 10 and 20-City Home Price Indices for June reported year-over-year gains of 8.10 percent while the Case-Shiller National Home Price Index covers all nine census regions and reported a year-over-year gain of 6.20 percent.
Real Estate Secrets: Understanding the ‘Option Period’ and What This Term Means for You as a Buyer
When the sale of real estate takes place, a certain amount of time might be allotted after a contract is created but before the transaction is finalized. During this time the buyer may decide not to follow through with the deal set forth in the contract.
DOC New Home Sales and NAR Existing Home Sales
The Department of Commerce reported July sales of new homes dropped by 2.40 percent over June to a four month low. Analysts noted that although July’s reading of 412,000 new homes sold fell short of expectations and June’s reading, the new homes sector is volatile and subject to change.
What’s Ahead For Mortgage Rates This Week – Aug 25, 2014
Last week’s economic news brought several reports related to housing. The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for August rose by two points to 55, which was its highest reading in seven months.
The 5-Minute Guide To Flood Insurance: What It Is, How It Works, And Whether You Need It
Not all homeowners are aware that home insurance policies don’t necessarily cover damage related to a flood, as the risks are too great.
Saving the Best for Last: Why You Want to Save the Best Rooms in Your Home for the End of the Showing
When you’re staging your own home and giving tours to prospective buyers, it’s important to give them something to remember, and saving the best for last is one way to do it.
Home Buying Tips: Three Items to Watch out for in a Purchase Agreement Contract
The purchase agreement is a vitally important document that outlines the provisions, terms and conditions for the transfer of property. It should be read carefully and any ambiguities should be clarified prior to signing.
Selling Tips: Four Surefire Ways to Irritate Potential Buyers and How to Avoid These Costly Mistakes
While there are a plethora of ways for a seller to irritate a potential home buyer, these are the four most common â and most costly.
What’s Ahead For Mortgage Rates This Week – Aug 18, 2014
Last week’s economic news brought little housing-related content, but several economic reports in other sectors contributed to overall perceptions of the economy.