Last week's economic reports included readings on NAHB homebuilder confidence, housing starts, building permits issued and sales of previously-owned homes. Weekly releases on mortgage rates and new jobless claims were also released. Builder Confidence Rises, Housing Starts Increase According to the National Association of Home Builders Housing Market Index for December, builder confidence in housing market conditions rose by four points to 74. This reading was the highest since 1999. Builder … [Read more...]
Take Your Bathroom From ‘Drab’ to ‘Fab’ With These Do-it-Yourself Bathroom Renovations
Does your bathroom look amazing? As one of the most used rooms in every home, the bathroom can almost always use a bit of a facelift. In today's blog post we will share a few DIY renovations that will take your bathroom from drab to fab. Embrace A New Color Palette One of the best ways to start your bathroom makeover is to figure out a new color palette for the room. Do you like soft, muted colors like a powder blue, light gold or cream? Or maybe something a bit louder and more exciting like a … [Read more...]
How to Run a Quick Financial Health Check Before You Apply for a Mortgage
Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let's take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage. Update (Or Start) Your Monthly Budget First, it is essential to get the basics out of the way. If you haven't already, it's time to start a monthly budget to keep track of your income and … [Read more...]
NAHB: Builder Confidence Outstrips Pre-Bubble Highs
Home builders surveyed by the National Association of Home Builders expressed their highest level of confidence in housing markets since 1999. The index reading for housing market conditions in December hit 74, which exceeded November's reading of 70. Analysts expected a flat reading of 70 for December. Readings over 50 indicate improvement in housing market conditions. The three component readings used to comprise the Housing Market Index also rose in December. Builder confidence in current … [Read more...]
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