Financial Reports , ,

What’s Ahead For Mortgage Rates This Week – August 12th, 2019

Last week's economic releases included readings on consumer credit, job openings and weekly reports on mortgage rates and first-time jobless claims. Consumer Credit Use, Job Openings Slow in June Consumer credit use slowed in June as credit card use lost ground. Non-revolving credit, which typically includes education and auto loans, grew at its slowest pace in three months. Mortgage loans are not included in the Federal Reserve's report on consumer credit. Consumer credit use grew by $14.6 billion year-over-year in June as compared to May's year-over-year reading of $16.0 billion. Year-over-year credit use fell one percent in June to 4.30 as…
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Real Estate , ,

How To Find Hot Real Estate Markets

A hot market in real estate is identified by a few things, which include higher prices, lower amounts of unsold inventory, and desirable neighborhoods. Neighborhoods can increase in value because of having an excellent location, high-paying jobs, quality schools, and a variety of attractive amenities. Hot Markets Are After The Fact Properties in a hot market may sell faster, for higher prices, and without needing to be in perfect condition or staged for sale. Real estate investors do not necessarily benefit from learning about a hot market unless they already own property in that market area. It is nice to…
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Real Estate , ,

How To Maximize The Resale Value Of Your Home

There are a few things to consider, when selling a home, that will help you maximize your potential for a better sales price. Seasoned real estate professionals are one of your best resources for these tips. The Buyer's First Impression Is Emotional The first goal is to improve the buyer's first impression when they see photos or a video of the home, do a drive-by, or make an appointment to view the home. Work with a real estate agent on staging the home and pay particular attention to curb appeal. Staging means that a home has no clutter. Remove any…
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