Last week's economic reports included readings on the National Association of Home Builders Housing Market Index, Commerce Department releases on Housing Starts and Building Permits issued and weekly reports on new jobless claims and mortgage rates. Builder Sentiment Holds Steady, Demand for Homes Pushes Builders November's reading for the National Association of Home Builders Housing Market Index held steady with a reading of 65. Any reading above 50 indicates that a majority of home … [Read more...]
3 Ways That You Can Leverage Mortgage Financing to Build a Real Estate Investment Portfolio
Real estate may be one of the most important things that you will ever invest in, but it can also be a useful means of increasing your financial well-being. If you're getting into the real estate game and are wondering how you can make use of investing in homes to improve your net worth, here are three ways you can successfully work towards a real estate investment portfolio that will make you proud. Home Equity Line of Credit Loan Also known as HELOC, this is the type of loan where a homebuyer … [Read more...]
Home Builder Sentiment Unchanged in November
According to the National Association of Home Builders Housing Market Index for November, builder sentiment was unchanged at a reading of 63. Readings above 50 indicate that a majority of builders are confident about housing market conditions. Readings for three sub-indexes used to calculate the Housing Market Index Readings for builder confidence in current market conditions and market conditions within the next six months were posted at 69. The reading for buyer foot traffic in housing … [Read more...]
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