Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho February 20, 2020

NAHB: Home Builder Confidence Near 1999 High

The National Association of Home Builders reported a housing market index reading of 74 in February; the index reading was one point lower than for January and was only two points below the highest reading of 76 reported in December. Readings over 50 indicate that most builders consider housing market conditions to be positive. Factors contributing to builder confidence included strong housing markets and low mortgage rates; job growth and higher wages also boosted builder confidence. Low … [Read more...]

Filed Under: Market Outlook Tagged With: Market Conditions, Market Trends, NAHB

Bob Ramalho February 19, 2020

5 Essential Questions Real Estate Investors Should Ask Before Making An Offer

Real estate investing is not only a great way to diversify assets but can also be used to generate both income and capital appreciation. While this is a fantastic opportunity, it is also important to choose investment projects carefully. It is critical to ask the right questions before making an offer on an investment property. Why Is The Building On The Market? There is a reason why the property is on the market. It is important to know the answer to this question. Sometimes, the house is on … [Read more...]

Filed Under: Real Estate Tagged With: Investment Property, Market Trends, Real Estate

Bob Ramalho February 18, 2020

What’s Ahead For Mortgage Rates This Week -February 18th, 2020

Last week’s economic reporting included releases on inflation, retail sales, and consumer sentiment. Weekly readings on mortgage rates and first-time jobless claims were also released. Inflation Hits Highest Growth Pace Since 2018 Consumer staples including rent, prepared food and medical expenses caused inflation to rise 0.10 percent from December to January, which was the smallest month-to-month growth in four months. Rents drove month-to-month inflation with a growth rate of  0.40 … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

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