Last week's economic news included the NAHB Housing Market Index, Commerce Department releases on housing starts and building permits and minutes of the most recent meeting of the Fed's FOMC meeting. Home Builder Confidence Falls in February According to the National Association of Home Builders (NAHB), home builders had less confidence in market conditions for newly built homes. The reading for February was three points lower at 58 than the upwardly adjusted reading for January. Analysts had … [Read more...]
Real Estate Roundup: The Top 5 Apps to Use When Buying or Selling a Home
Whether you are buying property, selling property or both, the process can be challenging, stressful and even overwhelming at times. Just as you may use various mobile apps to streamline and simplify other aspects of your life, you can also use some well-designed apps to improve your overall experience when you are buying or selling property. These are some of the best apps for you to use as you move forward with your real estate plans. iBank This app is not free for you to download, but … [Read more...]
Buying a Rental Property? How to Choose Between Single-Family and Multi-Family Homes
Entering into the real estate market requires time and monetary commitment. Depending on the purpose for purchasing rental property determines whether one should invest in a single family or multi-family dwelling. In either case, one should prepare short or long term goals, be cognizant of his or her financial health and monetary comfort zone, and conduct a comparative market analysis before considering a real estate investment. Short Term Versus Long Term Investments For investment … [Read more...]