Housing Market
Home Resales Hit Highest Level Since August 2012
The housing market has made positive strides toward recovery over the last few months. Home resales jumped in April, and the supply of homes for sale on the market increased to the highest level since August of 2012. According to the National Association of Realtors, existing home sales jumped 1.3% to an annual rate of…
Read MoreHome Remodeling Projects That May Be Worth The Cost
Making small upgrades to your home can help increase the value of your house substantially. Even if you have no plans to sell in the near future, remodeling can increase the value for a possible sale later. Experts have put together a list of home improvements that may be worth the cost in order to…
Read MoreHousing Starts Up Significantly In April
Housing starts jumped last month as more construction workers began their peak working season. Housing starts increased 13.2% to a seasonally adjusted annual rate of 1.07 million, according to the Census Bureau. Multi-family housing construction contributed the most gains and increased 40% from the previous month while single-family starts rose 0.8% from March to April.…
Read MoreHome Improvement Retailers Post Sales Increase
Home improvement retail stores say that the housing market is still on the right track despite lower sales the last few months. Retailers are saying that the harsh winter slowed sales, not a lackluster housing market. Now that spring has arrived, sales have increased significantly. Frank Blake, the Chief Executive Officer of Home Depot said,…
Read MoreTips To Prepare Your Home For Severe Weather
As we continue into storm and hurricane season in the U.S., experts have given a few tips to help homeowners be better prepared for strong winds, flooding, and tornadoes. Don’t wait for a warning in your area to gather flashlights, blankets, batteries, radios and water. Speak with your insurance company and ensure your home is…
Read MoreKey Reverse Mortgage Considerations
New federal rules have made reverse mortgages a safer choice for a wider range of seniors. An increasing number of financial advisors and experts are now recommending reverse mortgages for seniors needing financial assistance. Advisors are striving to make these loans more attractive to seniors in hopes of growing awareness and knowledge of reverse mortgage…
Read MoreTips To Keep Your Home Well Maintained
Experts suggest taking a few hours each week to tend to your home in order to keep it well maintained. Whether you are planning to live in your current home for the next 20 years, or are getting ready to put in on the market soon, homeowners should be actively taking care of their house…
Read MoreMortgage Application Activity Increases
According to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, last week mortgage applications increased 3.6% on a seasonally adjusted basis from the previous week. The Refinance Index jumped 7% averaging the highest level seen since early April while the Purchase Index fell slightly. Refinance activity made up approximately 50% of all applications. Additionally, the…
Read MoreExperts Give Tips On Turning A House Into A Home
When beginning a move many people feel scared, sad, or anxious that their new house or apartment may not feel like “home”, making the process less appealing. Experts have compiled a few tips that will help movers become more excited about their move, and make their new location feel like “home” very quickly. One idea…
Read MoreHome Sales Break Previous Records
The U.S. luxury-home market is surging this year. Prices of residential properties have significantly increased, and more people are investing in real estate. As the economy and stock market make strides toward improvement, housing market confidence continues to grow. Home purchases for $2 million and up increased 33% in January and February when compared to…
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