Last week's economic news included reports on job openings, retail sales and recurring reports on mortgage rates and new jobless claims. Job openings and hiring increased, which provided further evidence of stronger economic conditions. Retail sales were flat in July, new unemployment claims dropped and mortgage rates changed little. Labor Reports Suggest Stronger Economic Trends The Labor Department reported more job openings in June with 5.60 openings as compared to 5.50 million job openings … [Read more...]
Buying a Home This Summer? Use These Four Tips to Uncover Hidden Flaws and Issues
In a hot market it's easy to be blinded by the competition and succumb to the pressure to make an offer on a home before you've adequately assessed it. If you're looking to buy a home this summer, use these four tips to uncover hidden flaws before you put your offer in. 1) Hire A Pro One of the most reliable ways to identify potential and existing problems within a property is to hire a professional home inspector to evaluate it. Home inspectors are trained to find issues that the average person … [Read more...]
Thinking about a ‘Fixer Upper’? Understanding the Balance Between Purchase and Reno Costs
Fixer uppers can come with huge price benefits and opportunity, as well as problems. Make sure you understand what you're getting yourself into before you purchase a home that needs significant restoration. Carefully Calculate Do the math very carefully before jumping in. Add up the expected renovation costs based on a thorough evaluation of the property. As some of the expected costs will lie within a grey area, it is important that you base your estimation on the higher end of the price range. … [Read more...]
Need a DIY Summer Project? How to Paint Your Home’s Exterior in a Weekend or Two
If you want something hands-on to do this summer, look no further than the outside of your house. There are many reasons to refresh the paint job on your house, including increased protection against weathering, and increased curb appeal. Whatever your reason, read on to learn just what you'll need, and need to do, to paint your home's exterior. What You'll Need: Materials, Tools, Protection A DIY paint job is easily doable, and costs only as much as the materials, tools and protection you need. … [Read more...]
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