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What’s Ahead For Mortgage Rates This Week – September 4th, 2018

Last week's economic releases included readings from Case-Shiller on home prices, pending home sales and consumer sentiment. Weekly readings on mortgage rates and first-time jobless claims were also released. Case-Shiller: Home Price Growth, Pending Home Sales Dip Home price growth slowed in June according to Case-Shiller's national home price index. Home prices rose 0.30 percent from May and were 6.30 percent year-over-year as compared as compared to 6.40 percent. In May. Analysts have predicted stabilizing home prices for months and June's reading indicated that home prices may slow after surpassing inflation and wage growth in recent times. The 20-City Home Price…
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Plant Now For Spring Beauty

While the weather is still pleasant this fall, it can be a good idea to plan ahead for early spring blooms. Trim shrubbery, plant bulbs, install new edging or add whimsical garden accessories to assure that when spring rolls around you'll have something attractive to look at. Getting creative now will boost your spirits when winter seems to last longer than it should! Whether you want to beautify for your own enjoyment or spruce up your yard with the intention of listing a home for sale come spring, get a headstart on your goals by taking time now to plan…
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Buying A Home? Take Stock Of These Things

What are some of the most important factors that buyers take into consideration when looking for a new home? There are the obvious things like price, square footage, location and lot size. Those are the basics. Other things that are often weighed are garage size, how updated the kitchen and baths are and whether or not the basement is finished. All of these are very important to consider, but there are other more "hidden" aspects of a home that many prospective buyers may not take into account. And it's these aspects that could really come to bite them where it…
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Millennial Home Buyers: What You Need To Know

In the past, you've likely read about how the Millennial generation is opting to rent rather than buy property. While this still holds true for many Millennials, the fact is that a growing number of this generation is making the leap into buying. In fact, according to Inc., Millennials today represent the largest demographic of new home buyers, responsible for about 35 percent of all real estate purchases. (For comparison's sake, Gen X'ers are responsible for about 25 percent of the buyer's market.) What's more is the Millennial home buyers have been trending upwards for about four years now, and…
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New Home Construction Boom Expected

The housing market has been trending in a positive direction and economic indicators point to new home construction going vertical. Following the housing bubble and sluggish post-recession economy, construction companies largely turned their attention away from new homes. Diminished values, high regulatory and materials costs served as deterrents to home-building. But the economic revival the country is experiencing - coupled with a housing shortage - has builders poised to jump back into the single-family home game. Here are three reasons new home construction is expected to boom. 1: First-Time Buyer Lifestyles Consider that the last big new construction boom occurred…
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