Many people associate the fall months with cooler temperatures and changing colors. But another defining characteristic of fall is that the days become shorter. Yes, there's limited daylight, as the sun rises later and sets earlier. Noting this, it's important to take any exterior lighting into consideration if you're listing your home this fall. It's important because you want your home to have a welcoming vibe to it, but with the potential for showings to occur in limited daylight, some … [Read more...]
Foreclosure Rates Expected To Dip Below 12-Year Low
The record-setting pace of the U.S. economy continues to positively impact the housing market and home foreclosures now stand at an astonishing 12-year low. Coming off a GDP growth rate of 4.1 percent and a historic bull stock market run, everyday Americans appear to be benefiting from one of, if not the strongest economies in decades. According to data compiled by CoreLogic, mortgage delinquency rates continue to improve and are already at the lowest levels in 12 years. Building on last year's … [Read more...]
True Facts About 4 Real Estate Reality TV Myths
Many of us are guilty of plopping on the sofa and binge-watching reality TV home flipping shows. The allure of buying and selling homes for big profits with no boss looking over our shoulders has major lifestyle appeal. Shows like "Love it or List it," "House Hunters," "Flip or Flop" and others make it look incredibly simple. Even when they face adversity such as rotted wood or bad pipes, the way the reality TV stars overcome adversity is more of an inspiration than a deterrent. And plenty of … [Read more...]
What’s Ahead For Mortgage Rates This Week – October 8th 2018
Last week's economic reports included readings on construction spending and labor reports on public and private-sector job growth. The national unemployment rate was released along with weekly reports on mortgage rates and weekly jobless claims. Construction Spending dips in September, but Residential Construction Spending Rises Construction spending rose 0.10 percent in September, but residential construction spending fell 0.70 percent month-to-month. Construction spending was 4.10 percent … [Read more...]
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