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Real Estate Wisdom and Information From CENTURY 21 Advantage Gold -The Only CENTURY 21 Firm With Offices in Pennsylvania AND New Jersey!

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Entries from July 2016

How to Gain the Upper Hand in Real Estate Negotiations Without Being Mean or Rude

July 29th, 2016 · Comments Off on How to Gain the Upper Hand in Real Estate Negotiations Without Being Mean or Rude

In a typical real estate transaction, numerous factors may be negotiated, and the terms of the purchase may be negotiated at different times throughout the process. Both parties want to have the upper hand in negotiations, but those who focus on a few points are more likely to walk away feeling satisfied with the results of the negotiations.

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Tags: Real Estate Tips

On a Variable Mortgage? 3 Signs Your Mortgage Payment Is About To Increase

July 28th, 2016 · Comments Off on On a Variable Mortgage? 3 Signs Your Mortgage Payment Is About To Increase

For many homebuyers who are new to the market, it can be very comforting to be on a fixed rate mortgage where fluctuating interest rates cannot have an impact on your monthly payments. While a variable rate mortgage can sometimes lead to significant savings at the end of the day, there are a few ways you can tell if your monthly payment is on the upswing.

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Tags: Home Mortgage Tips

Case-Shiller: Home Price Growth Slows in May

July 27th, 2016 · Comments Off on Case-Shiller: Home Price Growth Slows in May

According to the S&P Case-Shiller 20-City Home Price Index, home price growth in May dropped to a seasonally adjusted annual rate of 5.20 percent as compared to April’s reading of 5.40 percent. Analysts said that low mortgage rates continue to support housing markets, but also noted that affordability due to rising home prices is sidelining some would-be buyers. High demand for homes coupled with slim supplies of available homes have driven prices up for months; analysts said that “tentative signs” of slower gains in home prices were seen.

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Tags: Mortgage Rates

4 Ways to Safeguard Your Home While on Vacation

July 26th, 2016 · Comments Off on 4 Ways to Safeguard Your Home While on Vacation

Everyone needs a vacation at some point, and worrying about your home should be the last thing on your mind while you’re out of town. Here are 4 ways to boost home security when you’re not around.

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Tags: Around The Home

What’s Ahead For Mortgage Rates This Week – July 25, 2016

July 25th, 2016 · Comments Off on What’s Ahead For Mortgage Rates This Week – July 25, 2016

Last week’s economic news included readings on builder confidence in housing market conditions, housing starts, building permits issued and existing home sales. Weekly reports on mortgage rates and new jobless claims were also released. The National Association of Home Builders reported that home builder confidence fell one point in July to 59 as compared to an expected reading and June reading of 60. Builders again cited shortages of buildable lots and labor.

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Tags: Mortgage Rates

Budget-Friendly DIY Projects That Instantly Boost Curb Appeal

July 21st, 2016 · Comments Off on Budget-Friendly DIY Projects That Instantly Boost Curb Appeal

We’re told not to judge a book by its cover, but there’s no such rule in the housing market. Curb appeal is the external attractiveness of a home, and if you’re in the market for a house that first impression has a lot to do with your final decision. Alternatively, if you’re looking to sell, it’s an easy area to boost the attractiveness of your home.

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Tags: Home Seller Tips

The 4 Most Common Mortgage Questions, Answered

July 20th, 2016 · Comments Off on The 4 Most Common Mortgage Questions, Answered

Making the decision to purchase a home is one of the most significant investments most people will make in their life, and this automatically means there are a lot of questions that need to be answered before putting any money down. If you’re considering making the leap, here are some insights into some of the common questions you might have.

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Tags: Home Mortgage Tips

NAHB: Home Builder Confidence Slips in June

July 19th, 2016 · Comments Off on NAHB: Home Builder Confidence Slips in June

Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June’s reading of 60. June components of the HMI were also lower. Builder confidence in current market conditions dropped by one point to 63; builder confidence in market conditions over the next six months fell three points to a reading of 66. The reading for foot traffic in new single-family developments dropped one point to 55. Readings over 50 indicate that more builders than fewer are confident about housing market conditions.

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Tags: Mortgage Rates

What’s Ahead For Mortgage Rates This Week – July 18, 2016

July 18th, 2016 · Comments Off on What’s Ahead For Mortgage Rates This Week – July 18, 2016

Last week’s economic news included reports on inflation, retail sales and weekly readings on mortgage rates and weekly jobless claims.

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Tags: Mortgage Rates

4 Ways to Help Your Mortgage Transaction Close On Time

July 15th, 2016 · Comments Off on 4 Ways to Help Your Mortgage Transaction Close On Time

When you’ve finally found the home you’re looking for at the right price, it’s easy to think that the hard part is over; however, there’s still a lot to do in order to ensure your purchase goes through without a hitch. If you’re tying up the loose ends on your home purchase, here are some things you should do to avoid any unnecessary delays.

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Tags: Home Mortgage Tips