Last week's economic news included Fannie Mae's Home Purchase Sentiment Index along with weekly reports on mortgage rates and new jobless claims. The City of Detroit also announced a program to help would-be buyers purchase homes that do not qualify for mortgage loans due to severe damage. Fannie Mae: Home Buyer Sentiment Index Rises Fannie Mae's Home Buyer Sentiment Index (HBSI) gained 1.20 percent for an overall reading of 82.70 percent for February. The index reading is calculated using … [Read more...]
3 Budget-friendly DIY Weekend Renovations to Step into Spring
The springtime is often the best time of the year for cleaning up and getting rid of old items, but with its proximity to the winter months it can still be hard to commit to large-scale renovations. If you're looking for some small fixes to give your home a seasonal boost, here are a few options that won't take up a lot of time. Freshen Up The Window Frames Paint can instantly enhance the brightness of any room, but deciding to repaint can be a job that takes more than just a weekend. Instead of … [Read more...]
Looking to Invest or Live in an Up and Coming Neighborhood? 5 Clues to Finding The Best Ones
Making a home purchase in a neighborhood that is sure to boom in the coming years can be a great real estate investment, but guessing on the next trendy locale may seem fraught with risk. If you're trying to determine which area will be up and coming down the road, here are some telltale signs that buying may be a benefit to your bank account. Full Of Creative Energy Many bohemian areas are popular because of their lower rental and purchase prices, but a locale with plenty of artists and … [Read more...]
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