22 Dec 2022
By RESCO Realty

NAHB: Home Builder Confidence in Housing Markets Slips in December

Financial Reports, ,
December’s National Association of Home Builders Housing Market Index reported slipping builder confidence in U.S. housing markets. The Housing Market Index readings fell every month in 2022. Recently rising mortgage rates, materials costs, and inclement winter weather contributed to builder skepticism about current housing market conditions. December’s National  Housing Market Index reading of 31 was the lowest since mid-2012 not including readings published during the pandemic. By comparison, the Housing Market Index reading for December 2021 was 84. The three indices comprising the Housing Market Index reported mixed readings in December. Current home sales decreased by three points and home…
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20 Dec 2022
By RESCO Realty

The Importance Of Paint Colors When Selling A Home

Real Estate, ,
If you are interested in selling your house, you need to make sure you get as much money for it as possible. There is never a second chance to make a first impression, and every detail matters when you want to get an offer on the table. That means you need to pay attention to the color of your paint as well. Even though this might sound like a relatively minor detail, the color of your paint does matter. What do you need to know about paint color and its impact on your home’s value? The First Impression First, the…
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16 Dec 2022
By RESCO Realty

Landlord Squeezing You for yet Another Rent Increase? It’s Time to Buy a Starter Home

Home Buyer Tips, ,
Did you recently receive your annual notice that the rent is going up? If so, you're not alone. Millions of renters are seeing more and more of their income drained away due to higher rents. To make matters worse, every dollar in rent is one that you are not saving, investing or using to build your net worth. If you're feeling the pinch of higher rents, it might be time to buy your first starter home. Comparing Rent With A Mortgage Have you ever done the math to understand how close your monthly rent might be to a mortgage payment?…
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