Buying Your First Home? Here’s Why You’ll Need to Ensure You Have a Proper Home Inspection

There's a whole lot to learn when buying one's first home, an investment that can bring joy, but sometimes, grief. A competent real estate agent can assist in locating those homes that meet the home buyer's needs and can advise on factors such as market value of the home and neighborhood services. The agent will help the buyer through the negotiation and purchase process. But the buyer should take responsibility to make sure that the steps below are taken. Home Inspection Contingency Included in Purchase Offer At the point where the buyer finds a home and decides to make an…
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Attracting First-Time Homebuyers With The Top Features

With many young homebuyers entering the market, it is important for those looking to sell a home to think about the features that the younger generation is looking for. With numerous people between the ages of 18 and 34 getting ready to purchase their first home, what are they looking for? There are a few important factors to keep in mind.  An Open Floor Plan Is A Must Work-life balance is one of the most important priorities for the younger generation. Their home will have to cater to this. They plan on spending a tremendous amount of time with family…
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What’s Ahead For Mortgage Rates This Week – February 8, 2021

Last week’s economic news included Commerce Department readings on construction spending, labor sector reporting on public and private-sector job growth, and the national unemployment rate. Weekly reports on mortgage rates and jobless claims were also released. Construction Spending Driven by Housing Sector in December The Commerce Department reported a one percent gain in construction spending in December to a seasonally-adjusted annual pace of $1.49 trillion. Residential construction drove spending for the seventh consecutive month with a 3.10 percent gain in spending. Construction for public projects rose by 0.50 percent; private-sector spending on non-residential construction fell by -1.70 percent. Demand for…
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