Last week's economic reports included NAHB Housing Market Indexes along with readings on housing starts, building permits and existing home sales. Weekly readings on mortgage rates and new jobless claims were also released. NAHB: Builder Sentiment Jumps in September, Housing Starts and Building Permits Fall The National Association of Home Builders reported a four-point increase in its Home Price Index for October. Builders surveyed reported higher confidence in overall market conditions, which … [Read more...]
Selling Your House? 3 Strange Questions That Potential Buyers Might Ask and How to Answer Them
Are you listing your home for sale now, or in the near future? If so, you have probably come to terms with the fact that soon you'll be having strangers tour through your home asking all kinds of questions about it. In today's blog post we'll take a look at three strange questions that buyers might ask and how to approach answering them. "Has Anyone Died In This House Or Is It Haunted?" You might have chuckled when you read that, but questions about paranormal activity are more common than you … [Read more...]
Worried That Your Past Student Loan Debt Might Delay Buying a Home? Here’s What to Do
Whether you are just about to graduate college or you have been out of school for a few years, there's a good chance you're carrying some amount of student loan debt. It seems that news headlines are regularly pointing out that the nation's graduates are suffering from the stress of student debt. Moreover, that pressure can be even worse for those who are looking to buy a home and start putting some roots down in the local community. Are you worried that past student loan debt will affect your … [Read more...]
Home Builder Sentiment Highest in Five Months
Component readings used for calculating Housing Market Index readings also rose in October. Builder sentiment for current market conditions gained five points for a reading of 75. The index reading for builder perception of market conditions in the next six months also rose five points to an October reading of 78. Builder sentiment for home buyer traffic in new home developments rose one point to 48. Buyer traffic readings seldom exceed a Home Builder Index reading of 50. NAHB Chairman Granger … [Read more...]
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