The holiday season and winter weather slowed home sales in November. Last week, the NAR reported that sales of existing homes had slumped to their lowest level in nearly a year, but this was not unexpected.
Short supplies of available homes and rising mortgage rates have increased pent-up demand for homes have kept some buyers on the sidelines. Continue reading
The University of Michigan’s Consumer Sentiment Index was improved for December at 82.5, after the November reading was adjusted from 82.5 to 75. Analysts noted that consumers were relieved when legislative gridlock ended.
Durable goods orders reached their highest level since May with November’s reading of + 3.5 percent. Without the volatile transportation sector, the reading for November was +1.2 percent.
This could be a sign of economic recovery for manufacturing, as more orders are being placed. Economists expected an overall increase of 2.0 percent for overall durable goods orders. Continue reading
With most of the country easing into full-on winter weather, last-minute outdoor projects need to happen soon. And what better way to enjoy a cozy holiday season than by drinking hot chocolate and roasting marshmallows at your very own outdoor fire pit.
In one weekend, the steps below can help you build an outdoor fire pit and get you fired up about the cold! Continue reading
Did you know that, according to the U.S. Department of Energy, 10% of air leaks out of the average house through the windows? Also, an estimate by Energy Star states that homeowners could save an annual 7-15% on their energy bills by replacing their own windows with more efficient models.
If you live in an old home, it might not be possible to replace all of the windows in your home. However, there are still many simple and cheap things that you can do that will help to insulate your windows. Continue reading
Christmas lights can be the most festive of holiday decorations, but actually putting them up can be a huge pain. With these easy step-by-step instructions, you can safely hang Christmas lights outside your house in no time. That way you can get back to what’s important, family time.
Buy Your Lights
You’ll need Christmas lights of course. There are a lot of options. You can get colorful lights or classic white lights. There are icicle lights, blinking lights, classic large bulb lights, and more. Just pick whatever looks good. Remember that consistency is important.
Pick one or two types and stick with them. Also remember to measure your roof, bushes, trees, or whatever you plan to cover with lights. Without proper measurements you won’t know how many lights to buy. Continue reading
According to December’s NAHB/Wells Fargo Housing Market Index, home builder confidence rose by four points to a reading of 58; this surpassed the consensus of 56 and November’s reading of 56.
November Housing Starts were released Wednesday and also exceeded expectations and the prior month’s reading. 1.09 million housing starts were reported for November against expectations of 963,000 and October’s reading of 889,000 housing starts.
Building permits issued in November came in at 1.01 million and fell short of October’s reading of 1.04 million permits issued. November’s reading exceeded expectations of 990,000 permits issued. Continue reading
It’s Christmas time, it’s Christmas time – which means it’s time to get a tree for your home. Whether you get a real tree or an artificial one, it’s also time to think about Christmas tree safety.
Prevent A Fire Hazard
There’s a potential fire hazard that comes with real trees, a danger that’s lessened with artificial trees, but artificial trees have their own safety issues.
For instance, those that spin on their bases shouldn’t be left to rotate on their own. Make sure the motor is turned off whenever you leave the room.
Even though safety precautions are more necessary with real Christmas trees, sometimes you can’t resist the fresh pine smell filling your home. Should you decide to go with a real Christmas tree, here are some safety precautions that should be followed to avoid fire hazards. Continue reading