Last week's economic news included Case-Shiller Home Price Indices, pending home sales and inflation. Weekly readings on mortgage rates and new jobless claims were released along with a reading on consumer sentiment. Case-Shiller and pending home sales readings suggested that recent rapid growth in home prices and home sales may be easing. High demand for homes coupled with low inventories of homes for sale has created an artificially high rate of home price growth and competition among buyers … [Read more...]
Understanding Why the Highest Offer Isn’t Always the Best One When Selling Your Home
When it comes to the real estate market, nothing is better than putting your home up for sale and finding a potential homebuyer who offers you the price you're looking for. However, while the right offer is ideal, there are a lot of things that may come along with a high offer that may be less than perfect. If you're wondering what kinds of things can hamper a good offer, you may want to watch out for the following. What's The Timeline? If you're almost packed and you're prepared to go, there … [Read more...]
Exploring Tesla’s New Solar Roof Tiles – Are They the Ultimate Home Upgrade?
Tesla may have become the famous brand it is for the creation of the electric car in 2008, but it has since burgeoned into a company that has diverse ambitions for how we utilize energy. Recently, Tesla has moved into the business of solar roof panels, which have become a hot commodity on the market with their green ethos and energy savings. If you're curious about solar power and want to know the details on this product, here are some things to consider before buying in. The Details On Tesla's … [Read more...]
Case-Shiller: Home Price Growth Slows in April
Case-Shiller's National Home Price Index indicated slower home price growth in April. Year-over-year, home prices rose 5.50 percent in April as compared to 5.60 percent in March. Year-over-year readings are calculated on a seasonally-adjusted annual basis. Case-Shiller's 20 City Home Price Index was also lower with a seasonally-adjusted year-over-year reading of 5.70 percent gain in April as compared to the year-over-year March reading of 5.90 percent. Seattle, Washington held on to its lead for … [Read more...]
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