The cost of living in America varies widely in different parts of the country. In general, it is less expensive to live in the country than in the cities. However, there are many cities where the cost of living is modest compared to others where the money needed to live there is outrageous in comparison. These rankings came from comparing the monthly cost of renting a one-bedroom apartment, utilities, the price for gasoline, and the cost of groceries. The Ten Lowest-Cost Cities For Renters From … [Read more...]
What’s Ahead For Mortgage Rates This Week – June 8, 2020
Last week’s economic news included readings on construction spending and labor reports on public and private sector jobs and the national unemployment rate. Weekly readings on mortgage rates and first-time jobless claims were also released. Construction Spending Falls in April The Commerce Department reported lower than expected deficits in consumer spending in April. Construction spending fell by -2.90 percent from the March reading of 0.00 percent growth in spending; analysts expected … [Read more...]
How To Tell If A Home Has Been Well-Maintained
As a homebuyer, your real estate agent will do their best bring you to see homes that meet the criteria you asked for. However, there's no guarantee that a home will have a history of being properly cared for. Your real estate agent can choose the homes you see, but they have no control over the property owner's homeownership habits. Why Home Maintenance Matters Home maintenance should matter to you as a homebuyer and later on as a homeowner. A home needs consistent and proper maintenance in … [Read more...]
7 Reasons To Buy A Home In The Summer Months
If you've been putting off your house hunting, it's time to head out. Summer is the best season to go shopping for a new home, for a variety of reasons. 1. More Inventory Homeowners list their homes for sale in the summer more often than any other season. When you shop for a new home during this time, you'll have a much wider selection of homes to choose from. 2. Better Prices More inventory in summer often turns the local real estate scene into a buyer's market. Home sellers may … [Read more...]
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