Many baby boomers are reaching retirement age. If they set up their financial planning well, while younger, they should have accumulated enough wealth to have some discretionary money available for making investments. Others, who may be just starting out, have some investment capital but not necessarily enough to buy a piece of commercial real estate on their own. These investors might enjoy a real estate investment pool, also called an investors' club. Pooling Resources One way to get some … [Read more...]
Case-Shiller: June Home Prices Grew at Slowest Pace in 12 Years
Home price growth continued to slow in June according to Case-Shiller's 20-City Home Price Index. 17 cities reported higher home prices in June, but three cities reported lower home prices month-to-month. Seattle, Washington was the only city to report lower home prices year-over-year in June. Phoenix, Arizona Home Price Growth Highest in June Phoenix, Arizona toppled Last Vegas, Nevada's hold on first place for home price growth in June. According to Case-Shiller's 20-City Home Price Index, … [Read more...]
Should You Relocate A House To Improve Its Value?
What can be done with a house that is just perfect but it is in a bad neighborhood or a dangerous spot? Think about homes that are in decent condition; yet, too close to the water. America is experiencing flooding now that is not supposed to happen in 500 years. That cute little beach bungalow could easily get wiped out in the next hurricane. It might be time to think about moving those homes to a safer area or higher ground. The International Association of Structural Movers says that around … [Read more...]
What’s Ahead For Mortgage Rates This Week – August 26th, 2019
Last week's economic news included readings from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates were also released. NAHB: Home Builder Sentiment Remains High According to the National Association of Home Builders, builder confidence in housing market conditions rose one point to an index reading of 66 for August. Housing Market Index readings showed … [Read more...]
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