Jerome "Jay" Powell was sworn in as Chair of the Federal Reserve amidst wild fluctuations in U.S. stock markets. Analysts attributed sliding stock prices to fears over inflation. Mr. Powell, who follows former Fed Chair Janet Yellen, introduced himself via a video clip on the Fed's website. Weekly readings on mortgage rates and new jobless claims were also released. New Fed Chair Promises "Transparency" in Video Introduction In a video introduction posted on the Fed's website, new Fed … [Read more...]
Sellin’ Ain’t Easy: 4 Reasons Why You Will Want to Engage a Professional Real Estate Sales Agent
Are you listing your home for sale this year? If so, you may be wondering just why you need the services of a real estate agent. Sure, it is theoretically possible to handle the entire process yourself and be successful. However, if you're inexperienced, you may end up stumbling. Let's explore four reasons why you will want to enlist the services of a professional real estate agent when you sell your home. Do You Know How To Price Your Home? Choosing the right listing price is a decision that … [Read more...]
When Is the Right Time to Buy Your First Home? Use This Easy 4 Point Checklist
Are you growing tired of renting? Or perhaps you've recently graduated from college and are looking to set down some roots? Whatever the case, buying your first home is an exciting prospect. Let's take a look at a quick and easy four-point checklist that you can use to determine if you are ready to buy your first home. #1: Is Your Credit In Good Shape? How is your overall financial health? Once you have your down payment saved up, you should turn your attention to your credit rating. If you are … [Read more...]
Case-Shiller Home Price Growth Ticks Upward in November Reading
Home prices increased in November, with national home prices up 0.70 percent month-to-month and 6.20 percent higher year-over year. Case-Shiller's 20-City Home Price Index rose by 0.70 percent in the three-month period ending in November; nationally, home prices grew 6.20 percent year-over-year. Seattle, Washington held first place in home price growth with a year-over-year increase of 12.70 percent. Las Vegas, Nevada home prices followed with year-over-year home price growth of 10.60 percent. … [Read more...]
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