Blog – Page 405 of 612

22 Jul 2020

Lowballing 101: How to Avoid Insulting a Home Seller when Making a Low Offer for Their House or Condo

Home Buyer TipsBuying a Home, Home Buying Tips, Making an Offer

Buying a home is a huge step for people who are ready to make an investment in their future. Getting a great deal on a home is just as important and knowing how much to offer could be confusing. It is important to make sure the home seller is not insulted by the lowball offer and is ready to negotiate to make sure everyone wins. Make a List of Necessary Improvements One of the best ways to validate a lowball offer on a home is to list improvements that need to be made to the property. If the home needs…

Home Renovations Are On The Rise

Real EstateConstruction Loan, Home Improvement, Renovation

Millennials are among the most common demographic buying homes today. According to numerous reports that have been published, many homeowners are planning on conducting a home improvement project this year. In large part, this is due to millennials wanting to improve their homes. Furthermore, home improvement projects may have bigger budgets this year when compared to prior years. It will be interesting to see what kind of home improvement projects unfold this coming year. Types Of Home Improvement Projects There are numerous renovation projects that homeowners are going to undertake this year. The most common are outdoor remodels. Many homeowners…

What’s Ahead For Mortgage Rates This Week – July 20, 2020

Financial ReportsFinancial Report, Housing Market, Mortgage Rates

Last week’s economic reports included readings from the National Association of Home Builders on housing markets along with Commerce Department data on housing starts and building permits issued. Weekly reports on mortgage rates and unemployment claims were also released. NAHB: Builder Confidence in Housing Markets Increases in July Homebuilders gained confidence in housing market conditions as home buyers sought homes in less-congested suburban areas. Builder confidence rose 14 points to an index reading of 72 in July. NAHB Chair Chuck Fowke said, “Builders are seeing strong traffic and lots of interest in new construction as existing home inventory remains lean.”…