When you are looking to purchase a home, you might hear a lot about something called a homeowners association, often shortened to HOA. While there are benefits of having an HOA in a living community, these benefits also have their drawbacks. There are a few common headaches that people often experience when they move into a community that has an HOA. Anticipating these problems ahead of time can help everyone prepare for what they might encounter. The Maintenance In The Common Area Whether you … [Read more...]
Three Important Benefits Of An Open Floor Plan
If you are looking for a new home, or if you are looking to renovate your existing home, you might have heard about something called an open floor plan. In today's era of housing, this layout has become more popular. In an open floor plan, there is a single, large space that can act as multiple rooms all in one. Often, hallways, walls, and doors are left out. This makes the entire space feel more inviting. There are numerous advantages to this plan that everyone should keep in mind. Added … [Read more...]
What’s Ahead For Mortgage Rates This Week – November 18th, 2019
Last week’s economic reporting included readings on inflation, testimony by Federal Reserve Chair Jerome Powell, and weekly readings on mortgage rates and new unemployment claims. Rising Gas Prices Fuel Jump in Inflation Consumer inflation increased at its fastest pace in seven months according to the Consumer Price Index for October. Consumer prices rose 0.40 percent and exceeded analysts’ forecast of 0.30 percent and September’s reading of 0.00 percent inflationary growth. … [Read more...]
How To Navigate The Changing Remodeling Market
Remodeling is a common project that homeowners take on. If you are looking to remodel your home, it is important to keep in mind that this involves more than just improving your living area. If you remodel your home, you might also be expecting to generate a return on your investment. In prior years, a home remodel meant an increase in the value of your home. Furthermore, some people actually make money by buying homes, fixing them up, and selling them. This is commonly called "flipping." … [Read more...]
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