As a new homeowner, now is the time to take control and organize your house for safety and security. The following first five steps should be carried out in the first few weeks if possible. 1. Change The Locks There's no way of knowing if the previous owners gave copies of the house keys to a friend, neighbor or cleaning staff. The very first thing you should do when you take ownership is to re-key the locks on all the doors, including the garage and any outbuildings there may be on the … [Read more...]
Case-Shiller: Home Price Growth Grinds to Lowest Rate in 2 Years
Home prices rose by 0.40 percent in October according to Case-Shiller's 20-City Home Price Index and were unchanged from September's year-over-year reading of 5.50 percent growth. Slower growth in home prices could help some would-be home buyers enter the market, but rapidly rising mortgage rates have sidelined buyers concerned with affordability and meeting strict mortgage lending requirements. High Mortgage Rates Stifle Demand for Homes October's year-over-year reading for home price growth … [Read more...]
What’s Ahead For Mortgage Rates This Week – December 31st, 2018
Last week's economic reports included readings from Case-Shiller Housing Market Indices, National Association of Realtors® on pending home sales and weekly readings on mortgage rates and new jobless claims. The Commerce Department's reading on sales of new homes was delayed due to the federal government's shutdown. Case-Shiller: Home Price Growth Lowest in Two Years Home price growth was nearly nil with October's month-to-month reading of 0.40 percent; The Case-Shiller 20-City Home … [Read more...]
How Tech Can Change the Real Estate Process
Virtual reality, artificial intelligence and drone video are just a few of the ways that technology is changing the real estate industry. If you are in the market for a property, understanding these new processes can help you in many ways. Using Artificial Intelligence Doing business with an AI-infused process helps you more quickly identify properties that meet your standards. AI also reduces human error in the closing process. Agents using AI can get you more information about properties more … [Read more...]
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