Last week's scheduled economic releases included reports on retail sales, inflation and the Federal Reserve's Beige Book report. Weekly reports on mortgage rates and new jobless claims were also released. The Consumer Financial Protection Bureau announced a limited program for reducing principal on eligible mortgages held by Fannie Mae and Freddie Mac. This program is intended to resolve remaining "underwater" mortgages on homes worth less than their current mortgage amounts. Retail Sales Fall, … [Read more...]
2016 Kitchen Decor Trends to Inspire Your Renovations
A kitchen upgrade may seem like the sort of renovation that will cost a pretty penny, but there are a lot of funky things you can do that will add an easy accent and make for a current look. If you're planning some home improvements in 2016, here are some upcoming trends you may want to try out. Cue The Contrasting Cabinets It can be a major undertaking to change the style of your kitchen cabinets, and that's probably why many people are considering a little switch instead of a major upheaval. … [Read more...]
5 Documents First-time Home-buyers Need for a Smoother Purchasing Process
With all the work that goes into finding the kind of home you'll want to put an offer on, it can be easy to forget about all the little things that happen after the deal has been made. While the paperwork involved in purchasing may seem like a long way off, here's a quick review of some of the documents you'll need when the time comes to seal the deal. Your Credit Report It's important to review your credit before putting an offer in, so ensure that you request your credit report in advance and … [Read more...]
How Your Home’s “Days on Market” Affects the Buyer’s Opinion
Whether you've done a lot of research on the real estate market or you've sold a home before, you may be aware that there can be a lot of trepidation around how long your house remains up for sale. If you're concerned about your home's market potential, here's what you need to know about "Days on Market" and how it can impact your home sale. "Days on Market" Explained A fairly no-nonsense phrase, Days on Market (DOM) refers to how long a home has been listed on the real estate market. The DOM … [Read more...]
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