Whether the kids have moved out or you just aren't using the extra bedrooms, having a house that feels 'too big' is rarely fun. In today's post, we will share a few changes you can expect when you downsize from a large house to a smaller apartment or condo. Why Downsize At All? As you might imagine, having too much space is the primary reason that couples and families downsize. Larger homes cost more to maintain and can feel empty if it's just one or two people living there. In many cases, old … [Read more...]
Case-Shiller: Home Prices Grow at Fastest Rate Since June 2014
Home prices continued to rise in September according to Case-Shiller National and 20-City home price index reports. According to the National Home Price Index, national home prices rose 0.70 percent month for the three months ending in September. The National Index regained its pre-housing bubble peak and surpassed it by 5.90 percent as of September. The 20-City Home Price Index rose 0.50 percent from August's reading. Analysts forecast a growth rate of 0.40 percent month-to-month. The 20-City … [Read more...]
Did You Know: Why New Construction Homes Are A Top Choice For Today’s Home Buyer
Are you in the market for a new house? If so, you may have been comparing your options when it comes to open listings on the local market. One decision you will need to consider: do you want to purchase an existing home or build a new one? Let's explore a few reasons why new construction homes are a popular choice for today's home buyer. A Home Designed (By You) With The Future In Mind Ask anyone who has recently invested in a brand-new home, and many will share that all of the built-in … [Read more...]
What’s Ahead For Mortgage Rates This Week – November 27, 2017
Last week's economic reports included readings on pre-owned home sales, weekly reports on mortgage rates and new jobless claims and consumer sentiment. The weekly news cycle was shorter due to the Thanksgiving holidays on Thursday and Friday. Sales of Previously-Owned Homes Jump in October Sales of previously owned homes grew by 1.20 percent in October as compared to September's reading of 0.10 percent growth month-to-month and indicated a seasonally adjusted annual rate of 5.48 million sales. … [Read more...]
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