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Blog

29 May 2019
By noelkelman

Case-Shiller: Home Price Growth Slows in March

Market Outlook, ,
Case-Shiller Indices reported slower home price growth in March with a 3.70 percent gain year-over-year as compared to 3.90 percent home price growth for the year-over-year period in 2018. This was the slowest pace of home price growth in seven years. The 20-City Home Price Index showed Las Vegas, Nevada as having the top year-over-year home price growth rate of 8.20 percent; Phoenix, Arizona had year-over-year home price growth of 6.10 percent. Tampa, Florida had the third highest growth rate for home prices at 5.30 percent. Analysts said that all three cities continue their recoveries from deep home price declines…
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28 May 2019
By noelkelman

What’s Ahead For Mortgage Rates This Week – May 28th, 2019

Financial Reports, ,
Last week's economic news included readings on sales of new and pre-owned homes; weekly readings on mortgage rates and first-time jobless claims were also released. Sales of New and Pre-Owned Homes Lower in April Sales of brand-new homes fell nearly seven percent in April according to Commerce Department reports. Analysts noted that March sales of new homes were revised upward, which contributed to the difference between March and April readings. 673,000 new homes were sold in April on a seasonally adjusted annual basis. Analysts expected a reading of 670,000 sale of new homes; this reading was based on the initial…
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24 May 2019
By noelkelman

Bold Wallpaper Makes A Statement In 2019

Around The Home, ,
From a sophisticated couch to a stunning art print, there are plenty of ways that you can dress up your living room and instantly change its vibe. You may not realize it, but wallpaper is back in fashion and becoming another popular way to instantly revamp a room. If you're contemplating ways that wallpaper can benefit your space, here are some options you may want to try out. Add An Accent A brightly colored accent wall may still be a popular trend, but a way to bring your wall into current fashion can be to add wallpaper. In addition to…
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22 May 2019
By noelkelman

Loan Servicing Companies

Real Estate, ,
What happens when you suddenly get a notice to pay your mortgage to a company you may have never heard of? How do you determine if this is a legitimate request or a scam? A borrower may get a written notice or an email that their mortgage sold to another entity or that a new loan servicing company will now be collecting the mortgage payments. The borrower needs to exercise extreme caution before just sending in a payment to the new company. It is prudent to double check to see if the communication is legitimate because many people get scammed…
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21 May 2019
By noelkelman

5 Ways To Find Properties For Sale That Are Not Listed Yet

Real Estate, ,
Real estate agents, who are successful, know that getting listings is the life energy of their business. It is boring to sit around waiting for a new client to call. It is expensive to spend extraordinary amounts of money on general advertising to get listings. Clever real estate people learn how to find properties for sale before they are listed. Value Of Unlisted Properties Real estate agents and investors have a competitive advantage when they find properties for sale that are not listed. These off-market properties may be available at a better price. There may have little or no other…
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20 May 2019
By noelkelman

What’s Ahead For Mortgage Rates This Week – May 20th, 2019

Financial Reports, ,
Last week's economic reports included readings from the National Association of Home Builders on housing market conditions, housing starts and building permits issued. Consumer sentiment was reported along with weekly readings on mortgage rates and new jobless claims. NAHB: Builder Confidence Rises in May, Housing Starts Increase in April The National Association of Home Builders Housing Market Index posted its highest reading in seven months in May as headwinds facing home construction waned. Lower mortgage rates were a positive sign. May's reading rose three points to 66; component readings also rose. The index of builder confidence in current housing market conditions…
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17 May 2019
By noelkelman

Inexpensive Curb Appeal Tips That Work

Real Estate, ,
No doubt you've been told that curb appeal will help sell your home. But if money is short you'll need to do some curb appeal on a budget tricks. Following are some inexpensive curb appeal tips that really work. Fresh Coat Of Paint A fresh coat of paint adds curb appeal without busting the budget. With a gallon of paint you can freshen up the window ledges, shutters, front door and the garage door. Add a fresh coat of paint to decks and railings, and street lampposts, as well.  Solar Lighting You can find inexpensive solar lighting stakes at discount…
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16 May 2019
By noelkelman

NAHB: May Home Builder Confidence Hits Highest Level in 7 Months

Market Outlook, ,
The National Association of Home Builders reported the highest builder confidence reading in seven months for May. May's reading exceeded expectations for an index reading of 64 and rose three points to 67. Component readings for the main NAHB reading were also higher. Builder confidence in current housing market conditions rose three points to 72; confidence in housing market conditions for the next six months rose one point to 72 and the reading for buyer traffic in single-family housing developments rose two points to 49. Any reading over 50 indicates most builders are positive about housing market conditions, but the…
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