Home prices increased across the S&P Case Shiller 20-City Home Price Index in September. According to the 20-City Home Price Index, Year-over year home price gains increased to 5.50 percent from August's reading of 5.10 percent. 17 cities posted higher year-over0year price gains in September as compared to August. Western cities led price gains with San Francisco, California reclaiming its lead with a year-over-year gain of 11.20 percent in September. Denver, Colorado followed with a … [Read more...]
Goodbye, Junk! 5 Tips for Reducing the Amount of ‘Stuff’ You Need to Move to Your New Home
Are you in the process of buying a new home? Then now is the perfect time to finally go through all the clutter and make some tough decisions about what needs to move with you and what needs to go away. There is no point in waiting until after a move to go through the junk lying around, as tempting as it may be, so here are five ways to decide what should find a new home before a move. Start With A Trip To The Dump Before starting your move, grab some garbage bags and do a sweep of the house, … [Read more...]
Existing Home Sales Fall More Than Expected
Sales of previously owned homes reached 5.36 million sales on a seasonally adjusted annual basis and fell by 3.40 percent in October according to the National Association of Realtors®. Rising home prices and a shortage of available homes strained housing markets. Concerns over potentially higher mortgage rates may have sidelined home buyers as concerns over an anticipated rate hike by the Federal Reserve persisted. Many analysts expect the Federal Reserve to raise rates at its December … [Read more...]
What’s Ahead For Mortgage Rates This Week – November 23, 2015
Last week's economic events included reports the National Association of Home Builders Housing Market Index, Housing Starts and the release of minutes for the most recent meeting of the Fed's Federal Open Market Committee. The details: NAHB: Builder Confidence in Housing Markets Dips The National Association of Home Builders reported that builder confidence dropped to a reading of 62 as compared to October's revised reading of 65. Any NAHB reading above 50 indicates that more builders are … [Read more...]
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