The National Association of Homebuilders reported a two-point increase in builder confidence in May. The NAHB Housing Market Index reading increased from 68 in April to 70, which was the second-highest reading since the economic recovery started. May's reading exceeded analyst expectations of a flat reading for May. Builder confidence rose as demand for homes continued to rise; this factor overrode builder obstacles including higher prices for lots and ongoing labor shortages. A new tariff on … [Read more...]
3 Bedroom Staging Tips That Will Get Potential Buyers Excited About Your Home
Arranging an open house is one of the most important parts of selling your home, but there can be a lot of tricks involved in staging it so you'll get the right offers. While the kitchen and the living room may be a bit more straightforward, here are some tips for staging your bedroom that will be sure to get buyers interested in making an offer on your home. Brighten The Bedding It's one thing to have makeshift bedding when you only have your family to impress, but when it comes to having an … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 15, 2017
Last week's economic reports included readings on inflation and core inflation, retail sales and consumer sentiment. Weekly reports on new jobless claims and mortgage rates were also released. Inflation, Retail Sales Higher in April April inflation grew by 0.20 percent as expected. Core inflation, which excludes volatile food and energy sectors, increased by 0.10 percent. Analysts expected a reading of 0.20 percent. The Federal Reserve monitors inflation readings as part of its research for … [Read more...]
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