Blog – Page 510 of 607

27 Mar 2019

3 Pros And Cons Of Renting Or Owning A Home

Real EstateHome Ownership, Market Trends, Real Estate

Home ownership is highly valued in our culture. However, buying a home isn't the best decision for everyone. Examine the differences between owning and renting your home to help you decide if now is the time to buy. Effect On Flexibility Renters enjoy more freedom than homeowners. After the leasing period ends, renters are free to walk away and find a new place to live. Homeowners, on the other hand, are at the mercy of the market. Depending on the conditions, owners might have a hard time selling their property quickly. It also takes a lot more paperwork to sell…

9 Strategies to Handle Home Maintenance Costs

Real EstateHome Maintenance, Home Repairs, Real Estate

Maintenance is an important part of home ownership. Improper care compromises the safety of your property and can result in big repair bills. Include these strategies in your maintenance plan to reduce your out-of-pocket costs. Educate Yourself It's usually cheaper to do most home maintenance jobs yourself. Teach yourself some basic skills to save yourself from professional fees. Take some classes. Community colleges and hardware stores often host community courses that help you plan projects, get familiar with new tools, or gain more value from property assessments. Invest in beginner books on carpentry, electrical work, and plumbing. These will be…

What’s Ahead For Mortgage Rates This Week – March 25th, 2019

Financial ReportsFOMC, Interest Rates, Mortgage Rates

Last week's economic news included readings from the National Association of Home Builders, Federal Reserve Federal Open Market Committee and a press conference by Fed Chair Jerome Powell. Sales of pre-owned homes in February were reported along with weekly readings on mortgage rates and new jobless claims. NAHB: Builder Confidence Unchanged Despite Headwinds Home builders remained confident about housing market conditions in March. The NAHB Housing Market Index posted a reading of 62, which matched February's reading and fell one point short of expectations. NAHB Index readings above 50 represent a positive outlook on housing market conditions. Home builders continued…