What’s Ahead For Mortgage Rates This Week – August 31, 2020

Last week’s economic news included readings from Case-Shiller Home Price Indices, along with data on new and pending home sales. Weekly readings on mortgage rates and new and continuing jobless claims were also published. Case-Shiller: Home Price GrowthHolds Steady in June National home prices grew at a seasonally-adjusted annual pace of 4.30 percent in June, which was unchanged from May’s year-over-year growth rate for home prices. The 20-City Home Price Index rose by 3.50 percent year-over-year in June.   Phoenix, Arizona reported the leading year-over-year home price growth rate of 9.00 percent. Seattle, Washington held second place with a year-over-year…
Read More

Can A Homeowner’s Association Charge Different Fines For The Same Violation?

Living in a multifamily community, whether this is an apartment building or a condo building, comes with certain bylaws. There are usually fines that are used to prevent people from breaking the rules.It is important for everyone to know what these rules are, why they need to be followed, and the penalties for breaking them. Sometimes, homeowners are surprised when they realize they might be fined differently for breaking the same rule. There are a few points to keep in mind. The Fines Should Be The Same While there might be different fines charged for breaking different rules (for example,…
Read More

Selling to Millennials: High-Tech Upgrades That Will Increase Your Home’s Appeal to Young Buyers

Millennials are finally starting to enter the real estate market after delaying home purchases for several years. With a completely new client base looking for homes, it is time to start making your home more appealing to these young buyers. Millennials are used to using high-tech gadgets every day, so they are going to desire these things in their new home. While there are several high-tech upgrades you can make on your home, these three will appeal the most to young homebuyers. Keyless Entry: Security for the New Millennium Keyless entry doors are becoming a popular way of keeping a…
Read More