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19 May 2020
By RESCO Realty

Home Maintenance Projects That Could Save You Thousands On Repairs

Real Estate, ,
Owning a house comes with major responsibilities and one of the most important is routine maintenance. While many people like to skip routine maintenance in an effort to save money, the reality is that these routine maintenance is going to save people down the road. The reality is that maintenance is a homeowner's first line of defense when it comes to protecting their most valuable investment, which is their home. There are a few projects that may save homeowners thousands of dollars down the road. Inspect The Plumbing Connections It is easy to forget about the plumbing system because many…
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18 May 2020
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – May 18th, 2020

Financial Reports, ,
Last week’s economic news included readings on inflation, retail sales, and a speech by Federal Reserve Chair Jerome Powell. The University of Michigan released a preliminary reading of its Consumer Sentiment Survey; weekly readings on mortgage rates and initial jobless claims were also released. April Inflation and Retail Sales in Negative Territory Consumer prices fell in April to a negative reading of -0.80 percent and matched expectations. The Core Consumer Price Index, which excludes volatile food and energy sectors, fell to -0.40 percent from -0.10 percent in March. Analysts expected a reading of -0.20 percent. Consumer Price Indices are used…
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15 May 2020
By RESCO Realty

Tips On How To Sell Your Home In A ‘Buyer’s Market’

Real Estate, ,
A "buyer's market" happens when people looking to buy a home have a stronger bargaining position than the sellers have. In a classic economic sense, a buyer's market occurs when the supply of homes available for sale exceeds the demand for them. However, other things in real estate create a buyer's market. Causes Of A Buyer's Market Besides having too many homes for sale and too few buyers, a buyer's market in real estate may  come from widespread credit market problems. There may be plenty of buyers interested in homes that are for sale, yet they may not be able to…
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