Component readings used for calculating Housing Market Index readings also rose in October. Builder sentiment for current market conditions gained five points for a reading of 75. The index reading for builder perception of market conditions in the next six months also rose five points to an October reading of 78. Builder sentiment for home buyer traffic in new home developments rose one point to 48. Buyer traffic readings seldom exceed a Home Builder Index reading of 50. NAHB Chairman Granger … [Read more...]
Let’s Talk Closets: Why a Walk-in Closet Is a Must Have for Any New Home Buyer
Are you in the market for a new house or condo? Whether you're looking for something luxurious or intimate, you'll want to ensure that you have enough space for all of life's necessities. Many home buyers focus on bedrooms, bathrooms and living areas as their top priorities. But have you given any thought to your closet space? In today's blog post we'll explore why a spacious walk-in closet should be high on your list of "must-haves" for your new home. Enough Storage For A Stylish Couple An … [Read more...]
What’s Ahead For Mortgage Rates This Week – October 16, 2017
Last week's economic reports included minutes of the Fed's Federal Open Market Committee meeting held in September along with releases on inflation and weekly reports on mortgage rates and new jobless claims. FOMC Meeting Minutes Indicate December Rate Hike is No Sure Thing According to minutes for the September 19 and 20 meeting of the Federal Reserve's Federal Open Market Committee, the Fed has adopted a wait-and-see posture concerning a possible rate hike at December's meeting. Although … [Read more...]
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