Other than a release on construction spending, last week's economic readings were dominated by labor and employment data including ADP Payrolls, Non-Farm Payrolls and National Unemployment. Weekly reports on mortgage rates and new jobless claims were also released. Construction Spending Drops in August Commerce Department readings on construction spending indicate that overall spending fell in August to -0.70 percent; this reading was lower than the expected positive reading of 0.10 percent. … [Read more...]
Planning to Get a Mortgage in 2017? 4 Reasons Why It’s Time to Start Paying Down Other Debts Now
Buying a home is an ideal investment for many people because not only is it a place that belongs to them, it can also be very beneficial financially. While you may be strongly considering buying a home for these reasons, it's also important to be in good financial health so that your ideal home purchase is within reach. If you're currently perusing the market for prospects, here are some reasons you should pay down debt before taking the leap into home ownership. Good Credit History The amount … [Read more...]
S&P Case-Shiller: Home Price Growth Slows in July
Home prices dipped slightly in July according to the S&P Case-Shiller 20-City Home Price Index. Year-over-year, home price growth dipped to 5.00 percent from June's reading of 5.10 percent. The Pacific Northwest led the nation in home price appreciation. Portland, Oregon had the highest year-over-year home price growth with a rate of 12.40 percent. Seattle, Washington posted year-over-year home price growth of 11.20 percent. Denver, Colorado was third with a year-over-year home price growth … [Read more...]
Did You Know?: How You Arrange Your Furniture Can Turn Off Potential Buyers. Here’s Why
Most sellers focus on finding the right furniture to stage their home, but they never consider how the placement of that furniture can undo all their hard work. It's a subconscious thing, but the arrangement of items in the home can really make a difference with buyers. Be sure to not make some of these common mistakes when arranging furniture to sell a house. Keep The Traffic Flowing A proper furniture layout should serve to guide the flow of traffic from room to room and make it easy to move … [Read more...]
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