Home price indices issued by S&P Case-Shiller showed further slowing in home price growth in January. The national home price index showed 4.30 percent home price growth for the three months ended in January. Analysts expected home prices to grow 4.20 percent for the same period in cities surveyed by Case-Shiller. More cities reported declines in home prices than those that posted gains in home prices. The top cities posting year-over-year home price gains in the 20-City Home Price Index … [Read more...]
3 Pros And Cons Of Renting Or Owning A Home
Home ownership is highly valued in our culture. However, buying a home isn't the best decision for everyone. Examine the differences between owning and renting your home to help you decide if now is the time to buy. Effect On Flexibility Renters enjoy more freedom than homeowners. After the leasing period ends, renters are free to walk away and find a new place to live. Homeowners, on the other hand, are at the mercy of the market. Depending on the conditions, owners might have a hard time … [Read more...]
9 Strategies to Handle Home Maintenance Costs
Maintenance is an important part of home ownership. Improper care compromises the safety of your property and can result in big repair bills. Include these strategies in your maintenance plan to reduce your out-of-pocket costs. Educate Yourself It's usually cheaper to do most home maintenance jobs yourself. Teach yourself some basic skills to save yourself from professional fees. Take some classes. Community colleges and hardware stores often host community courses that help you plan projects, … [Read more...]
What’s Ahead For Mortgage Rates This Week – March 25th, 2019
Last week's economic news included readings from the National Association of Home Builders, Federal Reserve Federal Open Market Committee and a press conference by Fed Chair Jerome Powell. Sales of pre-owned homes in February were reported along with weekly readings on mortgage rates and new jobless claims. NAHB: Builder Confidence Unchanged Despite Headwinds Home builders remained confident about housing market conditions in March. The NAHB Housing Market Index posted a reading of 62, which … [Read more...]
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