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Buying Land to Build a New Home On? Don't Forget These Three Important Considerations
When most people talk about real estate, they envision buying an already-built house on already-landscaped property. However, buying vacant land and building a new home is a great way to ensure that you get the home that you want in the location that you want.
read moreYou Ask, We Answer: Understanding the Real Estate 'Short Sale' and How This Process Works
Hereâs what you need to know about how short sales work and what circumstances might call for one.
read moreWhat's Ahead For Mortgage Rates This Week – Sept 2, 2014
Last week’s economic news included several reports related to housing. The Case-Shiller and FHFA reports for June showed a further slowing in home price growth. New home sales for July fell short of the expected reading, but pending home sales exceeded expectations.
read moreExperiencing 'Purchase Anxiety'? How to Calm Your Nerves Before Committing to Buy a New Home
Whether this is your first big purchase, or your family is moving to a new location or looking for more space, buying a home has its share of ups and downs. It’s perfectly normal to feel anxious about whether or not you’ve found the right property.
read moreCase-Shiller, FHFA Report Slowing Growth in Home Prices
The Case-Shiller 10 and 20-City Home Price Indices for June reported year-over-year gains of 8.10 percent while the Case-Shiller National Home Price Index covers all nine census regions and reported a year-over-year gain of 6.20 percent.
read moreReal Estate Secrets: Understanding the 'Option Period' and What This Term Means for You as a Buyer
When the sale of real estate takes place, a certain amount of time might be allotted after a contract is created but before the transaction is finalized. During this time the buyer may decide not to follow through with the deal set forth in the contract.
read moreDOC New Home Sales and NAR Existing Home Sales
The Department of Commerce reported July sales of new homes dropped by 2.40 percent over June to a four month low. Analysts noted that although July’s reading of 412,000 new homes sold fell short of expectations and June’s reading, the new homes sector is volatile and subject to change.
read moreWhat's Ahead For Mortgage Rates This Week – Aug 25, 2014
Last week’s economic news brought several reports related to housing. The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for August rose by two points to 55, which was its highest reading in seven months.
read moreThe 5-Minute Guide To Flood Insurance: What It Is, How It Works, And Whether You Need It
Not all homeowners are aware that home insurance policies don’t necessarily cover damage related to a flood, as the risks are too great.
read moreSaving the Best for Last: Why You Want to Save the Best Rooms in Your Home for the End of the Showing
When you’re staging your own home and giving tours to prospective buyers, it’s important to give them something to remember, and saving the best for last is one way to do it.
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