C21AGVoices

Friday, analysts expect to count another 190,000 jobs created. If the actual figure falls short, expect mortgage rates to ease. Otherwise, look for rates to rise. Probably by a lot.

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According to the January Case-Schiller Index, values are down 3.1% from last year, retreating to the same levels from Summer 2003. As a buyer or seller in today’s market, though, don’t read too much into it. The Case-Shiller Index is far too flawed to be the final word in housing.

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February’s Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing.

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According to the EPA, the average U.S. household spends close to $500 each year on water and sewage bills. With a few small changes, though, that figure could drop by $170. It’s all in how you use your water.

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If you’ve ever explored the idea of using a 15-year fixed rate mortgage for your home, the math is in your favor today. Talk to your loan officer before rates start rising.

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Sales of newly-built homes plunged 17 percent to an seasonally-adjusted, annualized 250,000 units in February, and the supply of new homes rose to 8.9 months in February — a 1.5 month jump from January. But there’s more to the story.

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The average apartment vacancy rate is 6.6% nationwide, down from 8.0% last year, and the number of occupied apartments rose by more during Q4 2010 than during any comparable period of the last 10 years. It’s a major reason why rents are up 2.3%.

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Existing Home Sales fell 10 percent last month, according to a report from the National Association of REALTORS®.

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According to Consumer Reports, Americans waste as much as 25% of the products they purchase. Learn the tricks of using “the last drop” of everything you buy.

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Home prices are based on supply and demand and overall home supply looks headed for a fall. Sellers are poised to regain negotiation leverage.

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