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29
May
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Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – May 29th, 2018

Last week's economic reports included readings on sales of new and previously-owned homes along with weekly readings on mortgage rates and new jobless claims. Home Sales Lower in April Sales of new and previously-owned homes were lower in April. The Commerce Department reported sales of new homes at a seasonally-adjusted annual rate of 662,000 sales. New home sales were 1.50 percent lower than for March, but were11.60 percent higher year-over-year. Analysts expected new home sales to rise to 682,000 sales based on the March reading of 672,000 new homes sold.  Sales of new homes are calculated based on a small…
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24
May
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Real Estate, ,

Smart Technology or Home Automation: What’s the Difference?

Is it worth it to add smart appliances or automated features if you're selling a home? Just how much connectivity do buyers want? And what exactly do the terms refer to in terms of home updates. Although smart homes and home automation are sometimes used interchangeably, they actually refer to two basically different concepts about how appliances and home systems can operate. Then there is the need for "connectivity," adding another dimension to any discussion of futuristic home features. Home Automation According to a Texas-based Direct Energy blog, home automation has a long history, beginning with the first labor-saving devices…
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24
May
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Mortgage, ,

What You Need To Know About Your Home Appraisal And Your Mortgage

When buying a home, there are certain steps a buyer should go through before the home sale is official. First the buyer makes the offer, then the offer is accepted. Next the buyer schedules the inspection and home appraisal. Finally, everyone is ready for closing. It’s easy to overlook the impact of some of these steps, but when it comes to a mortgage, the home appraisal is actually quite important. Banks want to see that they are lending money for an investment that is worthwhile, so that appraisal is a crucial step to getting financing. Here is what buyers need…
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23
May
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Real Estate, ,

Green Technology To Reduce Your Home’s Carbon Footprint

When you are a homeowner looking to reduce your carbon footprint, there are a number of steps you can take to make your home earth-friendly. From passive solar heating to solar panels, you can make a difference in the impact your home has on the environment. Even when you aren't building a new home, changes can be made to an existing property to increase efficiency and reduce reliance on utility systems. Invest In Solar Power Solar panels are one of the most popular ways to reduce your carbon footprint, and with good reason. Solar panels often produce enough electricity so…
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22
May
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Real Estate, ,

Thinking About Buying A Fixer-Upper? Know These Top Resources To Make The Most Profit

If your financial situation is limited, yet you're handy with a hammer and nails, then purchasing a fixer-upper home can be an attractive option. Fixer-uppers typically require a bevy of updates and repairs to bring the home up to current market conditions. Because of this, the listing price is often considerably less than a move-in ready home.  Your trusted real estate professional can help you find the best projects to buy and sell. Getting Started Fixer-uppers aren't for everyone, but there are plenty of resources available if you plan to do most of the repair and upgrades yourself. Let's take…
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