Last week's economic reports included readings from Case-Shiller Housing Market Indices, National Association of Realtors® on pending home sales and weekly readings on mortgage rates and new jobless claims. The Commerce Department's reading on sales of new homes was delayed due to the federal government's shutdown. Case-Shiller: Home Price Growth Lowest in Two Years Home price growth was nearly nil with October's month-to-month reading of 0.40 percent; The Case-Shiller 20-City Home … [Read more...]
4 House “Flaws” You Can Safely Disregard
When you walk through a house with your real estate agent, you're seeing if you and your family would be happy living there. But you're also probably looking for signs of trouble that might spell big expenses later on. Be careful, though. It's important to see the "bones" of the house rather than focusing on minor issues. Here are four flaws you can safely disregard. 1. Stained Carpet Stained carpet is more an indication of the owner's poor cleaning habits than of any real problems with the … [Read more...]
5 First Steps For New Homeowners
As a new homeowner, now is the time to take control and organize your house for safety and security. The following first five steps should be carried out in the first few weeks if possible. 1. Change The Locks There's no way of knowing if the previous owners gave copies of the house keys to a friend, neighbor or cleaning staff. The very first thing you should do when you take ownership is to re-key the locks on all the doors, including the garage and any outbuildings there may be on the … [Read more...]
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