February’s Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing.
Pending Home Sales Rebound; Suggest Brighter Spring For Housing
March 29th, 2011 · Comments Off on Pending Home Sales Rebound; Suggest Brighter Spring For Housing
Tags: Housing Analysis
Water Conservation Tips For Your Home And Garden
March 28th, 2011 · Comments Off on Water Conservation Tips For Your Home And Garden
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.
Tags: Around The Home
15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds
March 25th, 2011 · Comments Off on 15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds
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.
Tags: Mortgage Rates
New Home Sales Fall To All-Time, Recorded Low. Maybe.
March 24th, 2011 · Comments Off on New Home Sales Fall To All-Time, Recorded Low. Maybe.
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.
Tags: Housing Analysis
10 U.S. Cities With The Steepest Rent Increases (2010)
March 23rd, 2011 · Comments Off on 10 U.S. Cities With The Steepest Rent Increases (2010)
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%.
Tags: The Economy
Existing Home Sales Unexpectedly Drop In February
March 22nd, 2011 · Comments Off on Existing Home Sales Unexpectedly Drop In February
Existing Home Sales fell 10 percent last month, according to a report from the National Association of REALTORS®.
Tags: Housing Analysis
Get That Last Drop Of Ketchup (And Other Household Money-Stretchers)
March 21st, 2011 · Comments Off on Get That Last Drop Of Ketchup (And Other Household Money-Stretchers)
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.
Tags: Around The Home
Good News For Sellers — Housing Starts Plummet In February
March 18th, 2011 · Comments Off on Good News For Sellers — Housing Starts Plummet In February
Home prices are based on supply and demand and overall home supply looks headed for a fall. Sellers are poised to regain negotiation leverage.
Tags: Housing Analysis
Homebuilders Expect More Sales Volume This Year
March 17th, 2011 · Comments Off on Homebuilders Expect More Sales Volume This Year
According to the monthly Housing Market Index as published by the National Association of Homebuilders, after 4 straight months of reading 16, March homebuilder confidence ticked 1 point higher to 17. It’s the highest confidence reading in 10 months.
Tags: Housing Analysis
A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)
March 15th, 2011 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)
Today, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent. The vote was 10-0.