Case-Shiller Housing Market Index: Home Prices Rise in July

Case Shiller Housing Market Index Home Prices Rise in JulyU.S. home prices rose by 0.10 percent in July according to the S&P Case-Shiller Housing Market Index. San Francisco, California edged past Denver Colorado with a year-over-year price increase of 10.40 percent as compared to Denver’s reading of 10.30 percent. All year-over-readings for the 20-City Home Price Index posted gains, but Washington, D.C. showed the lowest year-over0-year growth rate at 1.70 percent. Chicago, Illinois and New York City followed closely with year-over-year readings of 1.80 percent and 1.90 percent respectively. Continue reading

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Stepping Up Your Game: Staging Your Home to Make It More Appealing Than New Construction

Stepping Up Your Game: Staging Your Home to Make It More Appealing Than New ConstructionWhen it comes to buying a home people are more apt to consider a newer model. After all new homes are more energy efficient; require less maintenance the perks many buyers want. For homeowners with older homes getting a competitive edge can take a lot of extra work, especially in today’s real estate market. Continue reading

What’s Ahead For Mortgage Rates This Week – September 28, 2015

Whats Ahead For Mortgage Rates This Week September 28 2015Last week’s scheduled economic news included reports on new and existing home sales, the FHFA House Price Index, weekly reports on mortgage rates, and new jobless claims. The week finished with a report on consumer sentiment. Continue reading

Looking Ahead: How to Ensure That You Are Taking Full Advantage of Mortgage Tax Credits

Looking Ahead: How to Ensure That You Are Taking Full Advantage of Mortgage Tax CreditsOne of the major benefits to purchasing a home with a mortgage are the tax credits that can be taken advantage of when April 15 comes around.

Many homeowners are unaware of what mortgage related expenses can be deducted and, more importantly, which ones can no longer be deducted. Continue reading

A Great Problem to Have: How to Handle Multiple Offers for Your House or Condo

How to Handle Multiple Offers for Your House or Condo With the real estate game in a state of constant flux, getting an offer on your house or condo might seem encouraging enough. However, there’s always the possibility that your property might hit the market hot, and this could mean more than one offer on your home. While having multiple offers can be the best of all outcomes, there are a few ways to handle this situation and make the most of your home sale. Continue reading

National Association of REALTORS – Sales of Pre-Owned Homes Dip

National Association of REALTORS Sales of PreOwned Homes Dip Sales of previously owned homes dropped in August by 4.80 percent on an annual basis for the first time in four months; the dip was likely caused by rising home prices. August sales were reported at a rate of 5.31 million; July’s rate was 5.58 million sales of previously owned homes. Continue reading

The New Home Warranty: Why This Benefit Alone Makes Buying New Worth Considering

The New Home Warranty: Why This Benefit Alone Makes Buying New Worth ConsideringWhen making the decision to purchase a home, there can be an array of questions to ask regarding location, size, style and additional features that will complicate things. If one of the considerations among these is whether to buy new or old, though, you may want to be aware of new home warranties. While buying new can seem like a risk, this type of warranty may help make at least one decision easy when it comes to your home purchase. Continue reading