by Terry Sack | Sep 28, 2018 | Buyer, Seller
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019....
by Terry Sack | Sep 27, 2018 | Advice for Homeowners, Buying a Home, Home Improvement, Market Updates, Real Estate Finances
According to the National Association of Homebuilders, a record share of single-family builders reported shortages of labor and subcontractors in July. In a survey they conducted, builders were asked about the effects the shortages were having on their businesses. ...
by Terry Sack | Sep 27, 2018 | Market Updates, Real Estate Finances
Price Cuts Becoming More Common as Home Value Growth Slows Areas such as San Diego have had as many as 20% of the listings reduce their price. This is 8% more than last year. In almost half of the 35 largest U.S. metropolitan areas, home price value is slowing down,...
by Terry Sack | Sep 27, 2018 | Advice for Homeowners, Home Improvement, Market Updates
Stocks in home improvement stores have been on the rise recently. Home Depot’s stock has been up by as much as 15% since March and Lowe’s stock by as much as 21.7% since April. While many factors go into the ups and downs of individual stock prices, some items from...
by Terry Sack | Sep 27, 2018 | Advice for Homeowners, Home Decorating, Home Improvement, Home Maintenance
The news always broadcasts the latest multi-million dollar home built by a celebrity. As time goes on these mansions are getting more and more extravagant. For these stars it is standard to have indoor pools, 12 car garages, and more rooms than you know what to do...