Pending Home Sales Point To Seller’s Market This Summer
The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month. Continue reading
Monthly Archives: April 2011
A Simple Explanation Of The Federal Reserve Statement (April 27, 2011 Edition)
The Federal Open Market Committee voted the Fed Funds Rate unchanged today at 0.000-0.250 percent. The vote was 10-0 — the third straight unanimous vote. Continue reading
New Home Supply Falls To 16-Year Low
Based on joint research from the Census Bureau and HUD, 300,000 new, single-family homes were sold on a seasonally-adjusted, annualized basis in March. It’s an 11 percent improvement from February. Continue reading
Mortgage Rates — And Home Affordability — At The Whim Of The Federal Reserve
If you’re shopping for a mortgage, or floating a rate, consider locking in before the FOMC issues its press release Wednesday at 12:15 PM ET. Once the statement hits, mortgage rates could soar. Continue reading
How To Make More Space In Your Garage
Finishing a garage creates “space” and enhances a home’s appeal to prospective buyers. Continue reading
Demand Is Rising, Supplies Are Falling : Home Prices Set To Rise?
Home resales rose 4 percent last month, according to the March Existing Home Sales report. A total of 5.1 million homes were sold on an annualized, seasonally-adjusted basis. Continue reading
Building Permits Rise In All 4 Regions
According to the Census Bureau, seasonally-adjusted, single-family Housing Starts rebounded in March, increasing 8 percent over February’s 2-year low. Continue reading
As Buyer Traffic Grows, Homebuilder Confidence Slips
According to the National Association of Homebuilders, the Housing Market Index slipped one point to 16 in April. It’s the 5th time in 6 months that the index read 16 — a figure exactly in line with the 1-year average, but still considered “poor”. Continue reading
Which Is Better : Fresh Produce Or Frozen Produce?
There’s a long-standing myth that freezer-section produce is “worse for you” than fresh produce from a farm. The truth, however, is often the opposite. Continue reading
Foreclosures Drop 35 Percent Year-Over-Year
According to foreclosure-tracking firm RealtyTrac, the number of national foreclosure filings plunged 35 percent in March 2011 as compared to March 2010, a statistic that reflects a more healthy housing market and more robust outlook for 2011. Continue reading