Which Model Is More Accurate : The Case-Shiller Index Or The Home Price Index?
As a home buyer and/or homeowner, should you put your faith in Case-Shiller’s results, or the Home Price Index. Perhaps, the answer is neither.
As a home buyer and/or homeowner, should you put your faith in Case-Shiller’s results, or the Home Price Index. Perhaps, the answer is neither.
Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market signaled that the next few months may fare better than did May and June.
Changing a showerhead is a basic, do-it-yourself project. The tools aren’t complicated and the job is quick.
On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior. 54,000 jobs were lost in August.
Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes.
Mortgage rates would have been volatile this week. The presence of Labor Day just piles on. If you have a chance to lock something favorable and within your budget, consider doing it.
According to the U.S. Department of Energy, up to 30 percent of a home’s energy costs can be cut just by reducing drafts. For example, a 1/16-inch gap unsealed gap around a window is equivalent to leaving the window 3 inches open.
With home prices holding firm and mortgage rates still dropping, home affordability is reaching new heights.
Although new home inventory actually dropped 2,000 units in July, the slowing sales pace still managed to push the national supply higher by 1.1 months. At July’s rate of sales, the nation’s new home inventory would be exhausted in just about 9 months.
The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.