Last week's economic reports included readings on home prices, sales of pre-owned homes and pending home sales. Weekly readings on mortgage rates and first-time jobless claims were also released. Case-Shiller Home Price Index: Home Price Growth Slips in April Case-Shiller reported slower home price growth in April; home prices were 0.20 percent lower at 3.50 percent. Increasing inventories of homes for sale provided buyers with more choices and eased demand, which increased in recent years due … [Read more...]
Home Staging Tip – Urban Gardening in Small Spaces
Home staging means getting a home ready for sale with the goal to maximize the sale price and close a sale as fast as possible. Some home staging tasks are very dreary, like having to get the place sparkling clean. That is really not fun work. It may be better, if it is affordable, for the homeowner to hire professionals to do that grunt work. Another part of home staging is really fun and even can start long before putting a home on the market for sale. Children like to participate in this as … [Read more...]
Case-Shiller: Annual Home Price Growth Slows for 13th Consecutive Month
Case-Shiller's 20-City Home Price Index for April showed further declines in home price growth with 2.50 percent year-over-year home price growth as compared to March home price growth of 2.60 percent. New York City home prices held steady month-to-month and Seattle, Washington's home prices were unchanged year-over-year after posting 13 percent home price growth in 2018. The top three cities with the highest rates of year-over-year home price growth were Las Vegas, Nevada with 7.10 percent … [Read more...]
Simple Tips To Pay Off A Home Mortgage Loan Faster
It is a major life decision to buy a home and yet many do not consider how much they will pay on the interest over the life of the loan. All they usually think about is if they can afford to pay the monthly mortgage payments. It is helpful to learn how different loan structures impact the amount of money wasted on the interest paid for a home loan. Here is a comparison of different loan lengths and payment options to show some helpful ways to reduce the total interest paid. Standard 30-Year … [Read more...]
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