Sunday, November 29, 2015

Real Estate News: New-Home Sales in the United States Rebounded in October

Americans regained much of their desire to own new homes this year. Home sales have surged 15.7 percent year-to-date, thanks to the solid employment possibilities and low mortgage rates.
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Friday, November 27, 2015

4 renovations that could decrease your home’s value

Thinking of getting rid of a bedroom to expand another? Make your choice carefully. Removing a bedroom is one of those home-improvement blunders that can ding a home’s worth, even if it creates a larger bedroom — or other living space — in its place.
from Kevin Vandermate http://ift.tt/1H5UUv1

Thursday, November 26, 2015

Home renovations that add value — and a heftier tax bill

Homeowners aren’t usually thinking about their future tax bills when they embark on a remodeling project. But they’d be smart to at least give them a second thought. That’s because renovations can significantly raise a home’s value, which can increase the amount for which it is assessed. Assessed value is used to determine your property tax.
from Kevin Vandermate http://ift.tt/1NeNTbZ

Wishing you all a wonderful holiday


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Tuesday, November 24, 2015

Mortgage applications rise 6.2% despite higher rates

Home loan borrowers seem undeterred by the highest interest rates in five months, or perhaps provoked by them. This is especially evident among homebuyers.
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Tuesday, November 3, 2015

Drowning homeowners are getting relief

While the number of borrowers in a negative-equity position on their mortgages is still high, at just over 14 million, that number is falling fast, especially for those most seriously underwater.
from Kevin Vandermate http://ift.tt/1KpCkIX