Case-Shiller: Home Prices Hit 11-Month Low in July

Home price growth slowed to its lowest pace in nearly a year according to the Case-Shiller Home Price Indices. National home price growth averaged 6.00 percent year-over-year as compared to 6.20 percent growth in June. The 20-city home price index rose 0.10 percent in July to a seasonally adjusted rate of 5.90 percent year-over-year. Slowing home price growth was attributed to buyer fatigue and rising inventories of available homes. Las Vegas Home Price Growth Tops 20-City Home Price Index Las Vegas, Nevada topped the 20-City Home Price index with a year-over-year home price growth rate of 13.70 percent. Las Vegas…
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Real Estate Remains A Strong Wealth Management Investment

A young long-haul trucker driver once took an elder's advice and invested all of his money into real estate. Even though he was seldom at home to enjoy the fruits of his labor, he hired a property management company to handle the properties. The advice that stuck with the driver was simple. "They're not making any more of it, land that is." In terms of growing personal wealth, the real estate market may fluctuate, interest rates change, and the GDP can bounce like a ball. But, land is permanent. That may seem like a simplistic view of wealth management. Maybe…
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Mistakes Seasoned Home Buyers Often Make

It's not uncommon today to move several times during adulthood, whether across town or across the country. Seasoned home buyers have been through the real estate process, often more than once. However, even if the home purchase has become routine, there are mistakes that can be avoided. Stuck In The Past The real estate market doesn't stand still. It cycles and shifts, which is why it's often recommended to rely on a real estate professional for an understanding of the current market. Home buyers with property purchased ten years ago, likely won't have the same experience buying today. Don't get…
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