The right home renovation strategy can increase property values and improve the comfort and utility of your space. However, your actions could have a harsh impact on our natural resources. Here are several ways you can reduce your renovation's effect on the environment. Use Sustainable Products Choose Earth-friendly materials for a greener build. Try reclaimed flooring. Ask permission at construction sites or search internet exchange boards to find unwanted extras. With a little artistic … [Read more...]
Case-Shiller Home Price Growth Slower in January
Home price indices issued by S&P Case-Shiller showed further slowing in home price growth in January. The national home price index showed 4.30 percent home price growth for the three months ended in January. Analysts expected home prices to grow 4.20 percent for the same period in cities surveyed by Case-Shiller. More cities reported declines in home prices than those that posted gains in home prices. The top cities posting year-over-year home price gains in the 20-City Home Price Index … [Read more...]
Are Multi-Unit Properties the Right Move for You?
Real estate isn't a one-size-fits-all pursuit. Buying and renting multi-unit properties is one of the ways investors build residual income while increasing their property portfolios. However, multi-unit rentals come with some unique challenges. Are you ready to manage a multi-unit rental property? Ask yourself these questions to help you decide which path best fits your resources, goals, and interests. Do You Plan To Live On The Property? Living in one of your rental units offers a myriad of … [Read more...]
What Causes Mortgage Interest Rates To Fluctuate?
The mortgage interest rate represents the cost of borrowing money to purchase a property. Mortgage interest rates are not fixed; that is, they fluctuate from one period of time to the next. Many different factors play into what your mortgage interest rate will finally turn out to be. Some of these factors have to deal with the economy and government decisions. Other factors have to do with your personal financial situation. Finally, mortgage interest rates can differ between lending … [Read more...]
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