Last week's economic news included several good signs for U.S. Labor Markets with higher than expected readings for private and public sector job creation. The Federal Reserve announced its decision not to raise the target federal funds range, and inflation rose. Mortgage rates held steady and pending home sales rose. Private and Public Sector Jobs Post Unexpected Gains ADP, which tracks private-sector job growth, showed a gain of 246,000 jobs in January against expectations of 168,000 new jobs … [Read more...]
Trying to Decide Whether or Not to Sell Your Home? Here Are 5 Key Questions to Ask Yourself
Selling a home, especially one with sentimental value, is never an easy decision to make. There are many factors that go into determining if the home is ready to be listed and if the seller is actually ready to part with it. Answering some simple questions can go a long way to help an owner decide whether or not it's time to try and sell. How Much Work Does The Home Require? Some houses and condos are ready to hit the market immediately, but others have serious problems that would need to be … [Read more...]
Thinking About Buying a ‘Fixer Upper’? Here’s What You Need to Know
With all of the home renovation and fixer-upper shows on television, the idea of completely renovating and re-doing an old home can seem like an enticing premise. Unfortunately, investing in the wrong fixer-upper can mean an awful lot of expenditure without the added financial rewards. Whether you're considering investing down the road or are ready to dive in, here are a few things to consider first. How Much Do You Want To Spend? It's easy to be swept away by possibility, but before making an … [Read more...]
Case-Shiller: Home Price Growth Continues
November home prices grew by 5.60 percent year-over-year on a seasonally adjusted basis according to Case-Shiller's reading on National Home Prices. National average home prices rose 0.80 percent from October to November. Case-Shiller's 20-City home price index revealed that the West and Mountain regions continue to hold the top three growth rates for home prices. Seattle posted a seasonally adjusted growth rate of 10.40 percent which was closely followed by Portland, Oregon's year-over year … [Read more...]
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